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NYC skyline, smoke, greenhouse gas emissions New York

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

Jan 24, 2024 | 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

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

Jan 24, 2024 | Ciara Long, New York City
New York Economy
175 Water St., the office tower formerly home to insurance firm AIG. New York

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

Jan 23, 2024 | 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

This Week’s N.Y. Deal Sheet

Jan 23, 2024 | Ciara Long, New York City
New York Deal Sheet
RXR, Ares Launch $1B Fund To Buy Distressed Manhattan Offices New York

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

Jan 22, 2024 | Ethan Rothstein, Deputy Managing Editor
New York Office
717 Fifth Ave. in Manhattan, which Kering acquired for $963M. New York

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

Jan 22, 2024 | Ethan Rothstein, Deputy Managing Editor
New York Retail
A packed networking floor at the afterparty for the REBNY 128th annual gala. New York

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

Jan 19, 2024 | Ciara Long, New York City
New York Economy
NYC skyline New York

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

Jan 18, 2024 | Ciara Long, New York City
New York Office
Defaulted Loan On Blackstone's 1740 Broadway For Sale After $430M Value Drop New York

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

Jan 17, 2024 | 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

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

Jan 16, 2024 | 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

This Week’s New York Deal Sheet

Jan 16, 2024 | 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

Alexandria Sells LIC Life Sciences Site For Loss To Film Studio

Jan 12, 2024 | Ciara Long, New York City
New York Life Sciences
681 Fifth Ave. New York

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

Jan 11, 2024 | 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

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

Jan 11, 2024 | 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

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

Jan 10, 2024 | Ciara Long, New York City
New York Multifamily
NYC skyline New York

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

Jan 10, 2024 | 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

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

Jan 9, 2024 | Ciara Long, New York City
New York Multifamily
350 Park Ave. New York

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

Jan 9, 2024 | 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

This Week’s N.Y. Deal Sheet

Jan 9, 2024 | 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

Xin Development Group Places Luxury Condo Building Into Bankruptcy

Jan 8, 2024 | Ciara Long, New York City
New York Capital Markets
DON'T USE - bad link New York

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

Jan 5, 2024 | Ethan Rothstein, Deputy Managing Editor
New York Commercial Real Estate
The Astor LIC apartment building in Long Island City, Queens New York

Developers Of The Astor LIC Delinquent On $53M Loan

Jan 4, 2024 | Ethan Rothstein, Deputy Managing Editor
New York Capital Markets
NYC apartments New York

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

Jan 4, 2024 | 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

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

Jan 3, 2024 | Ciara Long, New York City
New York Cannabis
Manhattan Office Market Closes Sour 2023 On High Note New York

Manhattan Office Market Closes Sour 2023 On High Note

Jan 3, 2024 | Ethan Rothstein, Deputy Managing Editor
New York Office
1290 Sixth Ave., where law firm King & Spalding signed a 175K SF lease that takes them from SL Green's 1185 Sixth Ave. to a new home owned by Vornado. New York

This Week’s N.Y. Deal Sheet

Jan 2, 2024 | Ciara Long, New York City
New York Deal Sheet
Times Square New York

Times Square Landlords Throw Weight Behind SL Green And Caesars’ Casino Bid

Dec 22, 2023 | Ciara Long, New York City
New York Economic Development
NYC skyline New York

13 Stories That Defined NYC Commercial Real Estate In 2023

Dec 21, 2023 | Ciara Long, New York City
New York Commercial Real Estate
3 and 4 World Trade Center New York

Duolingo Subleasing 86K SF From Spotify At 4 World Trade Center

Dec 21, 2023 | Ethan Rothstein, Deputy Managing Editor
New York Office
Santander Buys Final Piece Of Signature Bank's $33B CRE Loan Book New York

Santander Buys Final Piece Of Signature Bank's $33B CRE Loan Book

Dec 20, 2023 | Ethan Rothstein, Deputy Managing Editor
New York Capital Markets
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