New York City Tag Archive

Written by

Google Snags NYC’s Iconic Chelsea Market for $2.4B

Commercial Real Estate News, Deals, Mixed-use, Office| Views: 54

  Google’s latest acquisition is the iconic Chelsea Market food hall in New York City. The tech giant has recently bought the property for a whopping $2.4 billion. With...

Read More

shutterstock_471380138_pcv_hudson_river_manhattan_skyline_resized-compressor

Written by

The Story of US CRE Gaining High Status—Best-Selling Properties of the Past 20 Years

Commercial Real Estate News, Deals, Multifamily, Office| Views: 474

Institutional investment portfolios did not include commercial real estate before 1980, but now a $2 billion commercial property price tag no longer stands out the way it used to....

Read More

Written by

US Office Rents Significantly Cheaper Compared to Rest of the World

Commercial Real Estate News, Leasing, Office| Views: 526

  Everyone’s always complaining about the high cost of commercial real estate in the U.S. Office space in New York or San Francisco is regarded as top-tier and...

Read More

Written by

NKF Closes New 20K SF Lease at 55 Hudson Yards

Commercial Real Estate News, Deals, Leasing, Office| Views: 217

  Newmark Knight Frank (NKF) has announced the successful negotiation of a roughly 20,000-square-foot lease at Mitsui and Related’s 55 Hudson Yards. According to Yardi...

Read More

Written by

Suburban Construction Fuels 2018 US Office Pipeline

Commercial Real Estate News, Development, Office| Views: 1151

A couple of months ago, we conducted an analysis to see which were the top markets for office deliveries during the final leg of 2017. The fall-winter pipeline placed New York...

Read More

Written by

SL Green Parts Ways with Manhattan’s 600 LEX in $305M Deal

Commercial Real Estate News, Deals, Office| Views: 384

  New York City commercial property giant SL Green recently announced it has reached an agreement to sell its 36-story office tower at 600 Lexington Ave. in Manhattan, for a...

Read More

Written by

10 Years after the Recession, US Office Sales Have Regained Traction

Commercial Real Estate News, Deals, Finance, Office| Views: 755

Executive Summary 2015 marks post-recession peak in office sales volume Manhattan is the top target for investment from 1997 to 2017 the Bay Area boasts highest post-crisis...

Read More

Written by

Which Cities Command the Highest Property Taxes for Office Buildings?

Commercial Real Estate News, Finance, Office, Property Taxes| Views: 448

  As the U.S. office market continues to thrive and investors keep pumping capital into this extremely profitable sector, there is a lot of talk regarding property taxes and...

Read More

Written by

Amazon to Set Up New Office at 5 Manhattan West

Commercial Real Estate News, Deals, Leasing, Office| Views: 360

  Retail giant Amazon revealed plans last week to open a new administrative hub at 5 Manhattan West in New York City. The company will take over 359,000 square feet of office...

Read More

Written by

Thor Lands New Tenant at Manhattan’s 25 West 39th Street

Commercial Real Estate News, Leasing, Office| Views: 301

  Real estate development, leasing and management company Thor Equities has recently signed a new tenant at its property at 25 West 39th St. in Manhattan. Luxury fashion...

Read More