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 […]Read more
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, […]Read more
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 […]Read more
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 […]Read more
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 […]Read more
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 […]Read more
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 […]Read more
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 […]Read more
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 […]Read more
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 […]Read more
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 […]Read more
American insurance company Aflac (American Family Life Assurance Company) is keeping its office at 14 Wall Street in Lower Manhattan.
The Commercial Observer reports that the company has signed a five-year deal to lease its current office on the building’s […]Read more