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Kato International, the landlord of Tower 49, has asked a judge for changes to Chapter 11 bankruptcy proceedings as WeWork's case unfolds.
News

Landlords Push Back On WeWork's Lease Rejections

... postponed until Dec. 6. UPDATE, NOV. 27, 4:15 P.M. ET: This story has been updated to include information about ...

Nov 22, 2023
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745 Madison Ave., which Givenchy vacated in 2020
News

Fashion-Forward Madison Avenue Starting To Catch Up In Retail's Recovery

... . “We're buying Madison and Fifth retail. Why? Because I'm a strong believer that retail's not dead,” investor Michael ... , we're actually going to see the market rebound. I'm willing to make a bet today that 10 years from ...

Oct 12, 2021
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'A Bloodbath': Reckoning For Rent-Stabilized Apartment Owners Starting To Set In
News

'A Bloodbath': Reckoning For Rent-Stabilized Apartment Owners Starting To Set In

For multifamily properties backed by securitized Freddie Mac debt built in the city before 1974, which are subject to stabilization, 4% are delinquent on their loans as of October, according to Trepp data provided to Bisnow, up from 2.9% at the start of ...

Nov 15, 2023
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The terrace of The JACX, Tishman Speyer's 1.2M SF Long Island City office building, where WeWork has been a tenant since 2015.
News

WeWork Cuts Deal With Tishman Speyer To Hand Over 217K SF Coworking Space

... -class workspaces, amenities and services.” UPDATE, NOV. 9, 5 P.M. ET: This story has been updated to include information about ...

Nov 08, 2023
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‘Stay Alive Till ‘25’: NAI Resolution’s Gerard Nocera On Navigating The Murky NYC Market In 2024
News

‘Stay Alive Till ‘25’: NAI Resolution’s Gerard Nocera On Navigating The Murky NYC Market In 2024

... , so we're acting as a full-service shop. I'm also representing the ownership for 330 West 42nd St., which ...

Nov 06, 2023
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President-elect Donald Trump, next to the documents he says gives control of the Trump Organization to his sons at Trump Tower, Jan. 11, 2017.
News

Donald Trump Defends His Properties' Valuations As Witness In Fraud Trial

... instructions. The court broke for lunch at 12:50 p.m. ET, with the former president’s questioning resuming in the ...

Nov 06, 2023
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Marty Burger, who has served as sole CEO for Silverstein Properties since 2014, will be replaced as the company's top executive by Larry Silverstein's daughter Lisa.
News

Marty Burger Out As Silverstein Properties CEO

... over the last 14 years has been an honor. I’m proud of what we have accomplished,” Burger said in the ... New York City developers. UPDATE, OCT. 26, 5:50 P.M. ET: This story has been updated to include a statement ...

Oct 26, 2023
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New York CRE's Annual Q4 Rush To Close Deals Will Be A 'Battle' This Year
News

New York CRE's Annual Q4 Rush To Close Deals Will Be A 'Battle' This Year

... , including space under 10K SF that is pre-furnished. “I'm not trying to look at it through rose-colored glasses ...

Oct 25, 2023
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Lender Forecloses On Margaritaville Times Square
News

Lender Forecloses On Margaritaville Times Square

... conducted was “commercially unreasonable." CORRECTION, NOV. 6, 10:15 A.M. ET: Lender Arden foreclosed on the Margaritaville Times Square, but ...

Oct 17, 2023
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East River Park Cedar Realty
News

Cedar Realty Trust Reportedly Weighing A Full Sale

... be the latest in a flurry of commercial real estate M&A deals in 2021 as companies take advantage of low ... a $20.5B company.  CORRECTION, SEPT. 13, 5:30 P.M. ET: This story has been updated to reflect that Cedar ...

Sep 10, 2021
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