Northeast
CBS Building Sells for $760M
The Manhattan landmark traded for the first time since its 1960s completion.
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.
Upstate New York MOB Portfolio Changes Hands
This is the largest sale in terms of square footage that has closed in the state since the beginning of 2021.
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.