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WeWork Sells Social Network Meetup to Venture Capital Firm AlleyCorp
News 7 hours ago
WeWork Sells Social Network Meetup to Venture Capital Firm AlleyCorp

Coworking giant WeWork sold social network Meetup - which provides a platform for people to organize in-person events - to venture capital firm...

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Restaurant and Hotels to Lay Off Thousands of Workers in New York City
News 1 day ago
Restaurant and Hotels to Lay Off Thousands of Workers in New York City

The numbers are starting to come in on cuts to New York's restaurant and hotel workers, and it's not pretty. Restaurant and hotel owners in New...

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Meridian Reduces Support and Back Office Staff in Wake of COVID-19
News 1 day ago
Meridian Reduces Support and Back Office Staff in Wake of COVID-19

As the coronavirus pandemic continues its spread in the country's epicenter, New York City, Meridian Capital Group has begun a "small number" of...

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Macy’s to Furlough Most of Its 130,000 Employees
News 1 day ago
Macy’s to Furlough Most of Its 130,000 Employees

Retailer Macy's will begin to furlough most of its 130,000 employees, as it nears two full weeks of store closures because of the coronavirus. All...

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Fortune Magazine Gets Trendy New Offices
News 3 days ago
Fortune Magazine Gets Trendy New Offices

The business magazine's leadership wanted its new offices to look high-end enough to host an interview with a Fortune 500 company exec but still...

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Barrack to Penner Sound Off on the Coronavirus Crisis
News 3 days ago
Barrack to Penner Sound Off on the Coronavirus Crisis

California, like many other states, has shut down its economy to slow the spread of coronavirus, causing heightened volatility in every market and...

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Dunkin’ Negotiates a Deal in Columbus Circle, Post-Coronavirus
News 4 days ago
Dunkin’ Negotiates a Deal in Columbus Circle, Post-Coronavirus

Dunkin' (formerly known as Dunkin Donuts) has signed a small retail lease to relocate near Columbus Circle in one of the few lease deals signed...

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Synapse Wraps Sale of Leasehold Interest in 280 Meeker to CW Realty
News 4 days ago
Synapse Wraps Sale of Leasehold Interest in 280 Meeker to CW Realty

Synapse Development Group has closed on the sale of a 99-year leasehold interest in 280 Meeker Avenue in Williamsburg, Brooklyn to CW Realty,...

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Nareit's Calvin Schnure on COVID-19's Impact on REITs and What's Next
News 4 days ago
Nareit's Calvin Schnure on COVID-19's Impact on REITs and What's Next

Even in its earliest stages, the novel coronavirus has quickly done a number on the U. S. economy. The damage propelled the Senate to pass a $2.2...

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State Halts All Non-Emergency Construction Work in New York
News 4 days ago
State Halts All Non-Emergency Construction Work in New York

The state stopped all non-emergency construction work around New York to help stop the spread of coronavirus, after calls from local politicians...

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Construction Firm Donates Equipment to Conn. Hospital
News 4 days ago
Construction Firm Donates Equipment to Conn. Hospital

A Northeastern construction firm is aiding efforts to combat the COVID-19 pandemic by loaning some of its air filtration equipment to a New Haven,...

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What’s in the Federal Relief Bill for Real Estate Firms
News 5 days ago
What’s in the Federal Relief Bill for Real Estate Firms

While the country held its breath this week, Congress battled over a $2 trillion stimulus package that could offer relief to an economy paralyzed...

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Developers of Cali Resort Nab $32M Construction Loan From SoCal Bank
News 6 days ago
Developers of Cali Resort Nab $32M Construction Loan From SoCal Bank

The developers of a luxury California resort have gotten $32 million in construction debt from Long Beach, Calif.-based Farmers & Merchants Bank to...

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Two Tech Companies Move Into Durst’s 1155 Sixth Avenue
News 6 days ago
Two Tech Companies Move Into Durst’s 1155 Sixth Avenue

Two tech companies are relocating within Midtown to the Durst Organization's 1155 Avenue of the Americas, the landlord announced. Blockchain...

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CBRE Weighs in on Coronavirus Impact
News 6 days ago
CBRE Weighs in on Coronavirus Impact

As the coronavirus pandemic impacts more and more people every day, many in the commercial real estate industry are planning next steps and...

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MIPIM Cancels on Cannes in June, Moves to Paris
News 6 days ago
MIPIM Cancels on Cannes in June, Moves to Paris

The annual MIPIM conference in Cannes, France is being rescheduled and moved to Paris, the organizer announced. The planned four-day conference,...

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Kaufman and AXA Close on Historic Flatiron Building for $49M
News 6 days ago
Kaufman and AXA Close on Historic Flatiron Building for $49M

Kaufman Organization and AXA Investment Managers closed on the $48.5 million purchase of a landmarked Flatiron building, Commercial Observer has...

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NMHC Applauds FHFA’s Actions for Rental Community
News 1 week ago
NMHC Applauds FHFA’s Actions for Rental Community

The National Multifamily Housing Council's (NMHC) Doug Bibby weighed in on yesterday's announcement from the federal government, which offered...

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Industry Groups Want CMBS Included in Reestablished TALF Program
News 1 week ago
Industry Groups Want CMBS Included in Reestablished TALF Program

As part of Monday's response from the U. S. Federal Reserve, the U.S. Department of the Treasury and the Federal Housing Finance Agency (FHFA) to...

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eNvy Condo Sales Aided by Virtual Tech
News 1 week ago
eNvy Condo Sales Aided by Virtual Tech

The eNvy, a 127-unit condo community in Washington, D. C.'s Capitol Riverfront submarket, has turned to virtual tech to help drive sales amid the...

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Construction Workers’ Safety in the Age of Coronavirus
News 1 week ago
Construction Workers’ Safety in the Age of Coronavirus

The COVID-19 pandemic is impacting the way we live, the way we work, and our expectations for the future, and that is no different for New York...

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Ohm Run: Douglaston Development's Jeffrey Levine
News 1 week ago
Ohm Run: Douglaston Development's Jeffrey Levine

Jeffrey Levine, Chairman of Douglaston Development, has a knack for finding up-and-coming neighborhoods and for luring baseball players like Darryl...

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JBG Smith Bringing Two Towers to National Landing
News 1 week ago
JBG Smith Bringing Two Towers to National Landing

JBG Smith has secured approval from Arlington County officials to develop two mixed-use towers at 1900 Crystal Drive in Arlington, Va., according...

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Coronavirus Devastates NYC Hotels and Retail As Times Square Empties
News 1 week ago
Coronavirus Devastates NYC Hotels and Retail As Times Square Empties

If you check out one of the many webcams pointed on Times Square-one of the most bustling pieces of real estate in the whole world-one gets the...

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Nonessential Workers Stay Home, Evictions Suspended
News 1 week ago
Nonessential Workers Stay Home, Evictions Suspended

Gov. Andrew Cuomo announced new measures today to prevent the spread of the novel coronavirus in New York State, as the state's total number of...

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Nottingham Ridge Logistics Center Sells for $71.6M
News 1 week ago
Nottingham Ridge Logistics Center Sells for $71.6M

A partnership between Atapco Properties and Chesapeake Real Estate Group has sold Nottingham Ridge Logistics Center, a 52-acre business park in...

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Pernod Ricard USA Renews HQ at 250 Park
News 1 week ago
Pernod Ricard USA Renews HQ at 250 Park

Liquor producer Pernod Ricard renewed its lease for its United States headquarters on Park Avenue, Commercial Observer has learned. The American...

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Commercial Real Estate Technology
News 1 week ago
Commercial Real Estate Technology

For real estate technology news, Commercial Observer has everything you need to know about commercial real estate technology. Get the latest news...

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Neighborhood Planning
News 1 week ago
Neighborhood Planning

If you want to know about the latest design & construction in your neighborhood, Commercial Observer has neighborhood commercial design news &...

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Commercial Observer
News 1 week ago
Commercial Observer

For the latest in air rights real estate news & development, Commercial Observer has the most recent sales of development rights. Commercial Observer

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