New York
Conversion in Store for NYC’s 20 Broad St.
MetroLoft is moving forward with the conversion of the office tower at 20 Broad St. into a Class A mixed-use building.
L&L Lands a Big One at Manhattan’s 425 Park Ave.
CBRE signed the hedge fund to multiple floors in the new 425 Park Ave. tower, and it’s paying quite a price.
Mostly Manhattan
Here are NYC’s top 10 commercial deals recorded in January 2016, a list dominated by both office and retail buildings in Manhattan: #10 329-331 Canal St., Manhattan Sale price: $24,000,000 Buyer: 6 Greene Realty Owner, LLC Seller: 6 Greene Street Associates, LLC This loft building located in SoHo’s Cast Iron Historic District offers 13,500 office square footage. It was acquired by 6 Greene Street Associates LLC in 1995 for an undisclosed price. #9 522-524 Fulton St. & 526-528 Fulton St., Brooklyn Sale price: $30,000,000 Buyer: CA 522 Fulton LLC, c/o Crown Acquisitions Inc. Seller: Bldg 522 Fulton LLC…
Nordstrom’s Future New York Store is an Eyecatcher
Retail giant Nordstrom recently unveiled the footprint and exterior design for its flagship store in Manhattan.
Shutterstock Expands Empire State Building HQ
Shutterstock has signed an expansion lease for 25,300 additional square feet at its iconic Midtown Manhattan headquarters.
Athenex Announces Major Expansion in Western New York
Athenex joins forces with the State of New York and SUNY Polytechnic Institute to deliver a state-of-the-art manufacturing facility in Dunkirk.
U-Haul Repurposes Vacant Building in Irondequoit
Residents of Irondequoit, N.Y., will have more self-storage space as a result of U-Haul’s acquisition and redevelopment of an abandoned flooring store.
Ariel Property Advisors Releases Manhattan 2015 Year-End Sales Report
Ariel Property Advisors’ latest report on Manhattan finds that 2015 was a record-breaking year for investment property sales in the Big Apple.
CalPERS Pays Big Bucks for AXA Equitable Center in Manhattan
CalPERS reportedly paid $1.9 billion for a 54-story trophy office tower in Midtown Manhattan, in one of the company’s biggest purchases ever.
Nassau County Office Thrives in 2015
JLL’s latest report examines why Nassau County’s office market saw record success in 2015, and whether this success will hold steady this year.