New York
Top 5 Retail Space Sales
PropertyShark compiled the top 5 sales in retail recorded in March 2019 in New York City.
Top 5 Office Building Sales
PropertyShark compiled the top 5 sales in office recorded in March 2019 in New York City.
Vornado Sells $1.2B Stake in NYC Retail Venture
In its latest move to generate big proceeds, the REIT sold a 45.4 percent common equity interest in its Upper Fifth Avenue and Times Square collection.
Sizing Up New York City’s Far-Reaching Climate Bill
Real estate investors, developers and advisers are assessing the legislation, which is being praised for its boldness and criticized for focusing on large and medium-sized properties.
Netflix Takes 100 KSF in Manhattan
The company will house 127 new positions, alongside 32 current employees, in a Flatiron District building owned by Normandy Real Estate Partners.
SL Green Signs Anchor Tenant Near Hudson Yards
The REIT scored its first success with a 92-year-old office building that it’s under contract to buy. First Republic Bank will occupy some 211,000 square feet at the property.
WeWork Signs 55 KSF in Manhattan Leases
The coworking firm continues a growth spurt in its hometown with three more office leases, on top of 92,000 square feet in new space commitments earlier this month.
Celularity Relocates, Consolidates New Jersey HQ
The 147,215-square-foot 170 Park Ave. in Florham Park will house the company’s corporate offices, manufacturing and research and development operations.
Pier 57 Owners Obtain $375M Refi
RXR and Youngwoo are the recipients of the refinancing package, as they move to complete the renovation of the Manhattan property, with Google as their prime tenant.
Helmsley Spear Hires New VP
Brett Zelner, who brings more than 35 years of commercial real estate experience to his new role, will lead the company’s leasing operations.