New York
Amazon Scraps Long Island City HQ2 Campus
The tech giant blamed political opposition for its withdrawal from a plan to create a 4 million-square-foot campus in Queens. Its next steps are unclear.
CBRE Facilitates Sale-Leaseback Deal in NJ
Seiko Holdings Corp. sold the 140,420-square-foot office/tech building in Mahwah, N.J., for $10.3 million. The property will continue to house the seller, as well as Nuance Communications.
Gramercy Property Buys 108 KSF Office in NJ
Rugby Realty sold 1290 Wall St. W. for $8 million. The five-story building last traded in 2016, as part of a 1031 exchange.
Top 5 Retail Space Sales
PropertyShark compiled the top 5 sales in retail recorded in January 2019 in New York City.
Top 5 Office Building Sales
PropertyShark compiled the top 5 sales in office recorded in January 2019 in New York City.
Paramount Group Sells Manhattan Building for $130M
With the assistance of CBRE, the company sold the 75,000-square-foot office and retail asset at Zero Bond St. to a German investor.
TF Cornerstone, MSD Partners to Redevelop Grand Hyatt NY
The companies are planning to demolish and redevelop the massive hotel adjacent to Grand Central Terminal and replace it with a 2 million-square-foot mixed-use destination.
Carnegie Hall Tower Welcomes New Tenant
Naftali Group will occupy almost 8,500 square feet of space at TF Cornerstone’s Manhattan landmark property, which is home to Greystone, Lionstone and Kingdon Capital.
Knotel Signs New Lease in NYC
The workspace provider will take 39,000 square feet at United Group’s Midtown building. The company’s leases in the metro now total more than 2 million square feet.
Is Amazon Re-Thinking Long Island City?
A report that Amazon might abandon plans for a 4 million-square-foot campus in Queens sparked heated responses from supporters and critics.