Businesses Committed to NYC Despite Mamdani
A recent CNBC article discusses the stark apprehension and mixed reactions from New York City’s...Continue reading→
$425 Million CMBS Loan for 32 Avenue of the Americas
Rudin Management Company has successfully secured a crucial multi-year extension on its $425 million CMBS...Continue reading→
Midtown Tower Hits Over 90% Occupancy with Moroccanoil Lease and New Dining Options
The 1185 Sixth Avenue tower in Midtown Manhattan has officially surpassed the 90% leased milestone,...Continue reading→
TD Bank to Close 52 Locations Amid Shift to Digital Banking
TD Bank is planning a significant reduction of its physical footprint, announcing it will close...Continue reading→
Rolex US Headquarters at 665 Fifth Avenue Nears Completion
An article from New York YIMBY reports that construction is nearing completion on the new...Continue reading→
US Office Market Forecast Upgrade
The national outlook for the U.S. office sector has seen a minor upgrade by CoStar,...Continue reading→
Large NYC retailers are moving house, freeing up space
Manhattan’s retail landscape is undergoing a significant transformation, with large big box stores moving or...Continue reading→
Rising US Office Leasing remains below pre-pandemic pace
Rising US office leasing still remains below pre-pandemic pace, signaling a long-term structural shift in...Continue reading→
From Underdog to Frontrunner: Mamdani’s Ascent Alarms Developers
The stunning ascent of Zohran Mamdani, a once little-known state assemblyman who pulled off a...Continue reading→
Cautious Optimism Returns to Commercial Real Estate Lending
After years of tightening credit and shrinking exposure, banks are beginning to hint at a...Continue reading→
SL Green’s 919 Third Avenue Hits 100% Occupancy: Bloomberg & State of NY Expand Tenancy
SL Green Realty Corp.’s 1.5 million-square-foot office tower at 919 Third Avenue in Midtown Manhattan...Continue reading→
Manhattan Office Market On Pace for Strongest Year Since 2019
Manhattan’s office leasing market is on pace for its strongest year since 2019, driven by...Continue reading→
Deloitte Committed to Leasing New Office Skyscraper in Manhattan
Deloitte has committed to leasing a significant portion (800,000 sq ft) of a new office...Continue reading→
Amazon Secures One of Manhattan’s Largest Office Leases at HSBC
One of Manhattan’s largest office leases this year has been finalized by Amazon, marking a...Continue reading→
