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Bisnow Week In Review: The Most Consequential CRE Stories From Last Week
News

Bisnow Week In Review: The Most Consequential CRE Stories From Last Week

... Continue 'Kicking The Can' On Foreclosure An $8B wall of multifamily mortgage-backed securities maturing soon raises concerns about ... September, despite a decline in such requests for the fifth consecutive month. BREIT received $2.1B in repurchase requests ...

Oct 08, 2023
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Donald Trump
News

Judge Finds Trump Liable For Fraudulently Overvaluing Real Estate Empire

... of the Trumps misvaluing assets. She cited Trump Tower on Fifth Avenue, claiming it was overvalued by almost $175M in 2018 ... , and additional examples of overvalued assets included 40 Wall Street and The Mar-a-Lago Club in Florida.   The ...

Sep 26, 2023
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Gaedeke Group’s 44 Wall St., where tenants signed a total of 19K SF in lease agreements this week.
News

This Week’s N.Y. Deal Sheet

Gaedeke Group’s 44 Wall St. signed leases totaling 19K SF this week, according to ... its offices from 15 East 26th St. to the entire fifth floor and part of the seventh floor of 500 Park ...

Aug 22, 2023
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Bankrupt Trucking Company Yellow Agrees To Sell Its Real Estate To Rival For $1.3B
News

Bankrupt Trucking Company Yellow Agrees To Sell Its Real Estate To Rival For $1.3B

... kind of property that is rarely traded, according to The Wall Street Journal. Since Yellow is currently in Chapter 11 bankruptcy ... sell its roughly 12,000 trucks. The company was the fifth-largest transporter of goods in the United States — and at ...

Aug 18, 2023
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One Battery Park Plaza
News

This Week's N.Y. Deal Sheet

... Estate’s Allen Gurevich and Brian Steinwurtzel. *** Boston Properties’ 767 Fifth Ave., otherwise known as the General Motors Building, has signed ... York Business reports. The insurance company is moving from 14 Wall St., where it had a short-term deal. In a ...

May 31, 2022
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Houston Fumbles Its Early Return-To-Office Lead
News

Houston Fumbles Its Early Return-To-Office Lead

... having or planning to have employees at their desks, The Wall Street Journal said at the time. One year later, though ... came in seventh. Dallas had a slightly better result, placing fifth, with 43.9% fewer average monthly office visits than before ...

Jun 14, 2023
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245 Park Ave., owned by SL Green, signed Swedish private equity firm EQT Partners to 76K SF this week.
News

This Week’s N.Y. Deal Sheet

... to a release. The music publisher will move from 587 Fifth Ave. for the Hudson Square office property, where ownership removed ... to 98K SF, and created a brick and glass curtain wall around the full 12 stories. A JLL team including Mitchell ...

Jun 06, 2023
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Toronto office towers
News

Office Valuations Expected To Fall As Owners Take What They Can Get

... they can this year, that reset may be underway, The Wall Street Journal reports, with a particular focus on office ... WSJ. For example, Silverstein Properties is selling a building on Fifth Avenue for a loss, and investment giant Blackstone likewise sold ...

May 30, 2023
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Companies Scale Back Their Logistics Ambitions Amid Industrial Slowdown
News

Companies Scale Back Their Logistics Ambitions Amid Industrial Slowdown

... scaling back their logistics efforts or getting out altogether, The Wall Street Journal reports. This disinclination to pursue logistics comes ... will remain under the new ownership, Shopify laid off a fifth of its global workforce as it planned to refocus on ...

May 26, 2023
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Local Seltzer Brand Two Robbers Fighting A Very Fishtown Battle To Open Retail Outpost On Frankford Avenue
News

Local Seltzer Brand Two Robbers Fighting A Very Fishtown Battle To Open Retail Outpost On Frankford Avenue

... open late at night and that the fully opaque garden wall is necessary to minimize noise from the outdoor dining area ... Robbers has a dedicated tap at the Yards brewpub at Fifth and Spring Garden streets, which also brews all of Two ...

Aug 05, 2021
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