New York
NYC Market Update: Manhattan Office Sales Prices Inflate
In the first half of 2021, the average sales price per square foot in Manhattan was up 61 percent year-over-year.
Life Science Tenant Expands in Lower Manhattan
The biotech company has increased its footprint sevenfold at the Class A office tower.
Midtown Manhattan Tower Scores $148M Loan
The office refinancing marks PCCP’s fifth New York City deal in nine months.
ZMC Advisors Doubles Manhattan High-Rise Footprint
The company will occupy an additional floor at Jack Resnick & Sons’ tower.
NYC Market Update: Lowest Vacancy Among Gateway Cities
Manhattan continues to outperform the rest of the country despite a significant year-over-year uptick in vacancy.
Paramount Refis Manhattan Landmark for $860M
The 1.7 million-square-foot Midtown office building has been refinanced with two tranches.
NYC Leads Construction Starts Nationwide
The area’s pipeline additions reached $12.6 billion during the first half of the year.
NYC Market Update: Manhattan’s Office Pipeline Surpasses 20 MSF
The borough’s under-construction stock has increased 15 percent year-over-year, according to CommercialEdge.
Top 5 Industrial Properties Under Construction in Northern New Jersey
Projects totaling 8.6 million square feet were underway in July, according to CommercialEdge data, as developers responded to the market’s record-high demand.
Boston Properties Buys 3 for $882M
The company made its Seattle debut with the purchase of a 50-story office tower, while also adding assets in New York City and a Washington, D.C., suburb.