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U.S. Office Market Outlook Gloomy As Availability Hits New High
News

U.S. Office Market Outlook Gloomy As Availability Hits New High

More than one-fifth of the country’s office space is available for either ... report and Federal Open Market Committee meeting. The so-called wall of maturities is likely to spur some office sales activity ...

Apr 14, 2024
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The Ritz-Carlton Central Park
News

With International Investors On The Prowl, More Big-Ticket NYC Assets Hit The Market

... waters. Instead, some sellers have hit a wall, creating a need to shed jewels from ... room.  Barings, facing vacancies, has put 100 Wall St. on the market. It is asking $ ... , which can complicate a sale. At 717 Fifth Ave., for instance, SL Green owned an 11 ...

Mar 15, 2024
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The undeveloped Brickell site where Citadel plans to develop a $1B headquarters with a luxury hotel.
News

Citadel Eyes Luxury Hotel Atop $1B Miami Headquarters

... the upper floors of its upcoming $1B headquarters project, The Wall Street Journal reports. The Ken Griffin-led firm has tapped ... Hudson Square. Darrah said, “I'm going to plead the fifth on that” when asked at a University of Miami conference ...

Mar 06, 2024
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625 Madison Ave., where SL Green netted more than $600M as it ended a decades-long ownership saga this week.
News

Related Eyes Luxury Condo/Hotel Project After Buying 625 Madison For $630M

... Kering and Prada dropped more than $1.5B combined on Fifth Avenue retail since December, and LVMH is reportedly looking for ... 's 50 best, the condos have struggled to sell, The Wall Street Journal reported. 

Feb 23, 2024
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The redeveloped 787 11th Ave., which counts LeBron James and Arnold Schwarzenegger among its investors.
News

Georgetown Co. Seeks More Than $20M In Damages From Contractor Found Guilty Of Fraud

... Medicine and a Jaguar Land Rover dealership, according to The Wall Street Journal. But behind the scenes of the property’s ... contractor, whose work also includes build-outs of Nike’s Fifth Avenue retail store and the National Football League’s broadcast ...

Feb 07, 2024
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Fisher Brothers' 1345 Sixth Ave., where Brevan Howard quadrupled its lease this week.
News

This Week’s N.Y. Deal Sheet

... -year lease at the 50-story property, giving it the fifth through eighth floors. ICE currently has two Manhattan offices, one ... at the NYSE Building at 11 Wall St. and the other at Park Avenue Plaza in Midtown ...

Feb 06, 2024
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Macy's To Close 5 Stores, Lay Off Over 2,300 Employees
News

Macy's To Close 5 Stores, Lay Off Over 2,300 Employees

... 2,350 employees, including 13% of its corporate workforce, The Wall Street Journal first reported. The stores are set to close ... push the smaller store format. These stores are roughly one-fifth the size of its department stores, which average 180K SF ...

Jan 19, 2024
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As Supply Swells, Apartment Rents Dip And Investors Drop Out
News

As Supply Swells, Apartment Rents Dip And Investors Drop Out

... dipped monthly as well, ticking down 0.8% in the fifth straight month-over-month drop.  While rental declines toward the ... about 15%. Modest rent increases are forecast for 2024, The Wall Street Journal reports. Yardi Matrix is predicting that U.S ...

Jan 04, 2024
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Dalata Hotel Group
News

Dalata Extends Dublin Airport Deal As Ireland's Hotel Market Rebounds To Pre-Pandemic Levels

... 2023: Maldron Hotel Finsbury Park in London, Clayton Hotel London Wall and Clayton Hotel Amsterdam American. Completion of four new hotels ... and Liverpool hotels, its fourth hotel in Manchester and its fifth hotel in London. This will add 834 rooms to the ...

Jan 03, 2024
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The courthouse building in D.C.'s Judiciary Square that is home to the U.S. Court of Appeals for the D.C. Circuit.
News

‘It Is Absurd’: Judge Critiques Landlord Argument In JLL Dual Agency Case

... in wood-paneled court chambers on the fifth floor of the E. Barrett Prettyman United ... to lease could have its "back against the wall" and be unable to object to the ... would that not allow this back-against-the-wall in other cases?" Millett asked In response, ...

Nov 15, 2022
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