Northeast
575 Fifth Avenue to Open for Leasing in the Fall
L’Oreal will vacate its headquarters in Midtown Manhattan after three decades.
Shorenstein Sets Bar High for Downtown Pittsburgh
One Oxford Centre commands unprecedented office rent for the Golden Triangle.
JLL Teams Up with Related, LargaVista to Lease New SoHo Mixed-Use Project
300 Lafayette will be the neighborhood’s first new Class A office building in more than a century.
Economy Watch: Boston Fed Head Worried About CRE Bubble
The Boston Fed’s president noted that high real estate prices and the growth in mortgage debt on multifamily properties are of particular concern.
Interstate Hotels & Resorts Taps New SVP of Operations
Veteran Michael Miner will work directly with Interstate COO Ted Knighton and will focus his efforts on the New York region and other select markets.
Brixmor Property Group Names Mark Horgan Executive VP, Chief Investment Officer
The new executive will oversee the company’s acquisition and disposition activity and help drive its capital allocation and portfolio strategy.
Kingston Shopping Center Joins Paragon Realty’s Portfolio
The 186,000-square-foot shopping mall was re-positioned into a fashion destination in the last few years.
Newmark Holdings Grabs Long Island City Office Asset
A joint venture between Newmark Holdings and Olmstead Properties paid $60 million for an office tower in Queens.
Construction Begins on Hudson Yards’ 3 Hudson Boulevard
According to developer Moinian Group, the price of the 1,050-foot-tall skyscraper is currently estimated at $2 billion.
CIT Survey: CRE Execs Divided About Outlook for 2016
The recently released 2016 Commercial Real Estate Outlook was conducted online by Forbes Insights among 201 senior commercial real estate executives.