Don't see images? Click Here SUBSCRIBE FOR FREE MANAGE EMAIL PREFERENCES
Bisnow - (Almost) Never Boring
January 13, 2021

NYC's Investment Market Has Started To Thaw As Prices Drop

[Digital Summit] Join City Of New York, BFC Partners, Hudson, Enterprise Community & More During NYC Arodable Housing Recovery Feb. 25

The pace of New York City commercial property sales picked up in the last quarter of 2020 as sellers started dropping their prices.

NYC's Investment Market Has Started To Thaw As Prices Drop

Last year, $8.5B worth of Manhattan commercial property changed hands across 160 transactions, according to Avison Young data released Wednesday. That marks a 51% drop in the sales volume from 2019, per the brokerage. Overall, 2020's dollar volume was 66% below the 10-year average."In the second quarter, a lot of us, myself included,…

Read the full story here.

  Share:  
 
Perforation

Top Stories on Bisnow.com

Origin Stories: Camden CEO Ric Campo On Faking It Until You Make It Origin Stories: Camden CEO Ric Campo On Faking It Until You Make It
Single-Building IPO Platform Raises $6M, Adds Brookfield's Ric Clark To Board Single-Building IPO Platform Raises $6M, Adds Brookfield's Ric Clark To Board
Compass Submits Confidential SEC Filing For Imminent IPO Compass Submits Confidential SEC Filing For Imminent IPO
Casino Magnate Sheldon Adelson Dies At 87 Casino Magnate Sheldon Adelson Dies At 87
Perforation

New York City, Cushman & Wakefield Cancel Contracts With The Trump Organization

New York City, Cushman & Wakefield Cancel Contracts With The Trump Organization

A week after President Donald Trump’s supporters violently stormed the U.S. Capitol, his business is losing partners and contracts as it reels from the fallout.Cushman & Wakefield, which has represented The Trump Organization in leasing its signature office properties, Trump Tower and 40 Wall St., will cut ties…

Read the full story here.

  Share:  
 
Perforation

Flexible And Unforgettable: The Architecture Imperatives For 2021

PRESENTED BY:   HWKN
 
Flexible And Unforgettable: The Architecture Imperatives For 2021  

In a year when Americans stayed home and offices and retail buildings were left empty, the commercial real estate industry was taught the importance of one word: flexibility. 2020 showed developers, architects and owners the massive need for flexible spaces that can adapt to a rapidly changing world. Matthias Hollwich,…

Read Full Story

  Share:  
Perforation

In Case You Missed It...

Deutsche Bank, Signature Bank Say They Won’t Lend To Trump Anymore Deutsche Bank, Signature Bank Say They Won’t Lend To Trump Anymore
Victoria’s Secret Loses Legal Bid To Skip Rent At Herald Square Victoria’s Secret Loses Legal Bid To Skip Rent At Herald Square
This Week's N.Y. Deal Sheet This Week's N.Y. Deal Sheet
Cuomo Pitches $60M High Line Extension To New Penn Station Train Hall Cuomo Pitches $60M High Line Extension To New Penn Station Train Hall
Times Square Buffalo Wild Wings Sued For $3M In Back Rent, Taxes Times Square Buffalo Wild Wings Sued For $3M In Back Rent, Taxes
 
Perforation

Soaring Downtown Office Vacancies Pushing Developers Toward Apartment Conversions

WASHINGTON, D.C. — The strategy of converting office buildings to residential has taken off in the suburbs and in some of D.C.'s emerging submarkets, but it has been difficult for developers to make conversion projects work in the city's central business district. 

That dynamic appears to be changing, some developers and experts say, as the elevated office vacancy in the downtown market makes conversion projects more appealing. 

Read the full story here.

 
Perforation

The Importance Of Being 'Essential': The Most Desirable Retail Tenants Amid The Pandemic

LOS ANGELES — As Los Angeles retail owners and tenants head into a new year with many of the same coronavirus pandemic challenges and vacancies to fill, hot-commodity retail tenants have still been paying rent, and some companies are even looking to expand. When it comes to desirable tenants, “essential” is key, experts say.

Read the full story here.

 
 
 
       
 
You are receiving this email because you are either a member of the Bisnow community, have attended a Bisnow event, because you have a legitimate interest in real estate news and events because of your profession, or because of your business associations, memberships or partnerships.
 
This email was sent to: newsletter.archives@bisnow.com
 
   
 
123 William St, Suite 1505, New York NY 10038
Newsletter Approval Code: 45160