Residential Tenants No Longer Have to Pay Broker Fees in NYC
Residential Tenants No Longer Have to Pay Broker Fees in NYC [Update: As of Feb 11, 2020, tenants still have to pay broker fees due to a temporary restraining order issued by justice Michael Mackey of the New York Supreme ...
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These Are the 50 Largest Office Sales to Close in New York City in 2019
The New York City commercial real estate market has had a pretty good year. Though asking rents and commercial property prices continue to rise, companies seem undeterred, committed to finding quality space in one of the most thriving business districts ...
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Amazon Returns to NYC, Leases 335 KSF of Office Space – No Tax Breaks Needed
Online retail giant Amazon might have backed out of its plans to build HQ2 in Long Island City, but that doesn't mean that it's lost interest in the New York City commercial real estate market. Quite the contrary, it seems, ...
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These Are the Most Expensive Streets and Neighborhoods for NYC Commercial Sales in 2019
New York City is notoriously expensive, whether you’re looking at residential or commercial real estate. Homes and condos are selling for exorbitant prices, while Manhattan office space is among the priciest in the world. It’s not uncommon for landlords to ...
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The 20 Largest Commercial Sales of Q3 in New York City
Compared to the first and second quarters of 2019, commercial real estate investment sales in New York City seem to have stabilized. The current global and U.S. macroeconomic environment seems to cause uncertainty on the near-term trajectory of both the ...
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Prestigious Law Firm Cravath to Anchor Brookfield’s Two Manhattan West in Hudson Yards
Cravath, Swaine & Moore LLP, one of the most prestigious law firms in New York City, will be anchoring Two Manhattan West, a 58-story office building scheduled for completion in 2022 in Hudson Yards. The firm will move into the ...
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Uber to Sign Massive Office Lease and Move HQ to 3 WTC in Manhattan
Ride-sharing, ride-hailing company Uber is about to close on a major office lease at Silverstein Properties' 3 World Trade Center in Lower Manhattan, according to Crain's New York. The company is relocating its NYC headquarters and will take over more ...
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Solar Carve Tower Is the Meatpacking District’s New Architectural Landmark
The Meatpacking District has a new architectural landmark, namely a new 10-story, boutique office building dubbed 40 Tenth Avenue. The development marks Studio Gang's first project to reach completion in New York City and was named one of Architectural Digest's ...
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Fashion Designer Unifies HQ, Showroom Space in the Garment District
Longevity Brands, a swimwear designer and manufacturer affiliated with Mainstream Swimsuits and A&H Sportswear Co., has signed a 33,952-square-foot lease at 250 West 39th Street, between Seventh and Eighth avenues in Midtown, reported the Commercial Observer. The company is preparing ...
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Financial Services Firm Relocates HQ From Park Avenue to Hudson Commons in Manhattan
Brevet Capital Management, a specialty finance institutional investment manager, is relocating its Midtown Manhattan headquarters. The firm will be vacating its current office space at 230 Park Avenue, also known as the Helmsley Building, and move to 441 Ninth Avenue ...
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Renovation Underway at 192 Lexington Avenue in Midtown Manhattan
Gorjian Real Estate has embarked on a multi-million-dollar renovation of the 17-story property located at 192 Lexington Ave., which will reposition the boutique asset to meet the current needs of tenants. The anticipated delivery of the first full-floor pre-build is ...
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Knotel Inks Trio of Office Leases Across Manhattan
Knotel has signed a trio of leases across Manhattan, bringing its presence in the New York City area close to 2.5 million square feet. In one of the deals, the provider of flexible office space inked a 10-year lease for ...
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