New York
Challenges Facing the New York City Retail Market
In an exclusive podcast interview, Lee & Associates’ Peter Braus talks about the proposed vacancy tax on landlords, the uses doing well right now and the changing nature of retail.
Greystone Names New York MTA Project Executive
Jerry Del Tufo will be in charge of the company’s advisory team handling management and accounting services for the Authority.
On the Market: 5 Interesting Listings for January
This month’s listings include an historic property in Austin, Texas; a recently renovated hotel in the Minnesota suburbs; and a retail asset in the San Fernando Valley of Los Angeles.
CIM, fifteenfortyseven Acquire Data Center in Orangeburg, NY
The data center is positioned for growth, with entitlements and permits for a 50-megawatt substation and an additional 230,000-square-foot expansion of the building.
Governor Cuomo’s Green New Deal
Included in the 2019 Executive Budget, the plan focuses on transitioning to clean energy, an initiative set to boost New York’s green economy.
Tishman Speyer Inks Axonic Capital to Manhattan Lease
The investment advisor is set to occupy an entire floor at 520 Madison Ave., a 1 million-square-foot Midtown Manhattan office tower. Cushman & Wakefield negotiated the deal.
NJ Turnpike Industrial Facility Lands New Tenant
NAI James E. Hanson negotiated a 13,600-square-foot lease for HVCAR supplier Johnstone Supply in Cranbury Township. The facility is part of New Jersey’s Exit 8A industrial market.
Tishman Speyer Completes Leasing at 1.2 MSF NYC Office Project
Macy’s and New York-Presbyterian signed agreements totaling 328,000 square feet, bringing the property to full occupancy months in advance of its opening.
Liberty Property Trust Inks Full-Building Lease in NJ
The Gilbert Co. will be the only tenant of the 302,500-square-foot industrial building, which traded in a $41 million deal last September.
Top 10 Office Owners in Manhattan
Local investors such as SL Green or Vornado Realty Trust are not only the largest office landlords, but also some of the most active players in the metro.