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Paramount Group's 745 Fifth Ave., where luxury fashion house LVMH is reportedly exploring an acquisition. New York News

LVMH Reportedly Is Next Luxury Retailer Who Wants To Buy A Piece Of Fifth Avenue

Ciara Long, New York City
New York Retail
Dock 72 in Brooklyn Navy Yard, viewed from the water New York News

Dock 72 Lands 63K SF Relocation Of Pratt Institute Grad Program

Ciara Long, New York City
New York Office
BLDG's multifamily rental property at 212 E. 44th St., known as The Summit, was under construction between 2015 and 2019. New York News

NYC Comptroller Files $40M Suit Against Developer For Construction Wage Violations

Ciara Long, New York City
New York Construction & Dev
530 Fifth Ave., where Thor Equities purchased a 50% stake in the retail condo in 2014 and is now being sued by two investors who allege that it has not paid them distributions on their investment. New York News

Investors Sue Thor Equities Over Lack Of Distributions From Fifth Avenue Building

Ciara Long, New York City
New York Retail
625 Madison Ave., where SL Green netted more than $600M as it ended a decades-long ownership saga this week. New York News

SL Green To Raise $1B NYC Debt Fund, Forecasts Growth After Painful Year

Ciara Long, New York City
New York Office
NYC skyline, smoke, greenhouse gas emissions New York News

Local Law 97 Is Officially In Effect. Most Landlords Are Ready — For Now

Ciara Long, New York City
New York Sustainability
New York City Mayor Eric Adams onstage at his 2024 State of the City address. New York News

Adams Pledges New Housing On Public Land, Crackdown On Illegal Weed Shops In State Of The City

Ciara Long, New York City
New York Economy
175 Water St., the office tower formerly home to insurance firm AIG. New York News

2 Struggling Manhattan Office Buildings Get $100M In Tax Breaks For Renovations

Ciara Long, New York City
New York Office
Fisher Brothers' Park Avenue Plaza, located at 55 E. 52nd St., is now 100% leased following an expansion by existing tenant Evercore. New York News

This Week’s N.Y. Deal Sheet

Ciara Long, New York City
New York Deal Sheet
RXR, Ares Launch $1B Fund To Buy Distressed Manhattan Offices New York News

RXR, Ares Launch $1B Fund To Buy Distressed Manhattan Offices

Ethan Rothstein, Deputy Managing Editor
New York Office
717 Fifth Ave. in Manhattan, which Kering acquired for $963M. New York News

Gucci's Parent Company Pays $963M For Fifth Avenue Retail Space

Ethan Rothstein, Deputy Managing Editor
New York Retail
A packed networking floor at the afterparty for the REBNY 128th annual gala. New York News

At 128th REBNY Gala, NYC CRE Kicks Off What Could Be ‘A Very, Very Hard Year’

Ciara Long, New York City
New York Economy
NYC skyline New York News

'Hard To Fathom': NYC Says Office Values, Even At Class-B Buildings, Rose Last Year

Ciara Long, New York City
New York Office
Defaulted Loan On Blackstone's 1740 Broadway For Sale After $430M Value Drop New York News

Defaulted Loan On Blackstone's 1740 Broadway For Sale After $430M Value Drop

Ciara Long, New York City
New York Office
The 113K SF office tower bought by Tony Park and South Korean media firm MediaWill in September, located at 110 W. 32nd St., that may be converted into housing. New York News

An Office-To-Resi Conversion Could Be In The Cards Near Penn Station

Ciara Long, New York City
New York Office
West End Collegiate Church's 245 W. 77th St. house of worship, which it will share with the Church of Jesus Christ of Latter-day Saints after the two signed a 40K SF lease agreement. New York News

This Week’s New York Deal Sheet

Ciara Long, New York City
New York Deal Sheet
47-50 30th St., which life sciences developer Alexandria Real Estate acquired for $25M in 2019. The firm has sold the property to a shell company affiliated with Cine Magic, which plans to build a support space for its nearby Long Island City studio. New York News

Alexandria Sells LIC Life Sciences Site For Loss To Film Studio

Ciara Long, New York City
New York Life Sciences
681 Fifth Ave. New York News

$215M Foreclosure Looms For Former Tommy Hilfiger Flagship On Fifth Avenue

Ciara Long, New York City
New York Retail
410 E. 60th St. on the Upper East Side of Manhattan, where The Home Depot is planning to open a store. New York News

Colliers CEO's Family Office Pays $153M For Future Upper East Side Home Depot

Ethan Rothstein, Deputy Managing Editor
New York Capital Markets
Fewer Than 10,000 New Housing Units Were Proposed By NYC Developers In 2023 New York News

Fewer Than 10,000 New Housing Units Were Proposed By NYC Developers In 2023

Ciara Long, New York City
New York Multifamily
NYC skyline New York News

NYC Investment Sales Dropped 55% In 2023 As Sellers Hung On And Buyers Lay In Wait

Ciara Long, New York City
New York Capital Markets
New York Gov. Kathy Hochul arrives on the floor of the New York State Capitol for her 2024 State of the State speech. New York News

Hochul Announces Plan For New 421-a, Lifting NYC's Density Cap In State Of The State

Ciara Long, New York City
New York Multifamily
350 Park Ave. New York News

Hedge Funds, Private Equity Made 2023 A Record Year For New York's Priciest Offices

Ethan Rothstein, Deputy Managing Editor
New York Office
BXP and J.P. Morgan Global Alternatives' 200 Fifth Ave., which has Eataly at its base, this week signed DoorDash to 115K SF. New York News

This Week’s N.Y. Deal Sheet

Ciara Long, New York City
New York Deal Sheet
Xin Development Group's Target-anchored luxury condo building, Bloom on Forty Fifth, is heading to a foreclosure auction. New York News

Xin Development Group Places Luxury Condo Building Into Bankruptcy

Ciara Long, New York City
New York Capital Markets
DON'T USE - bad link New York News

N.Y. AG Asks For $370M Penalty Against Trump In Fraud Case

Ethan Rothstein, Deputy Managing Editor
New York Commercial Real Estate
The Astor LIC apartment building in Long Island City, Queens New York News

Developers Of The Astor LIC Delinquent On $53M Loan

Ethan Rothstein, Deputy Managing Editor
New York Capital Markets
NYC apartments New York News

Signature Bank’s Loans Have Sold. What Comes Next Will Be The Market's True Test

Ciara Long, New York City
New York Capital Markets
Cole Schotz's Rob DiPisa, Ripco's Colby Piper, Big Plan Holdings's Josh Joseph and PharmaCann's Jeremy Unruh at Bisnow's 2023 Tri-State and Real Estate Conference. New York News

New York's Cannabis Industry Enters 2024 With Fewer Hurdles But Plenty Of Headwinds

Ciara Long, New York City
New York Cannabis
Manhattan Office Market Closes Sour 2023 On High Note New York News

Manhattan Office Market Closes Sour 2023 On High Note

Ethan Rothstein, Deputy Managing Editor
New York Office
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