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Florian Finished on Park Avenue South
News 1 day ago
Florian Finished on Park Avenue South

Florian has shuttered after less than three years of serving Italian fare at 225 Park Avenue South. A sign in the door thanks customers “for your...

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City Pushes Back Garment District Rezoning, as Brewer Demands Changes
News 2 days ago
City Pushes Back Garment District Rezoning, as Brewer Demands Changes

The city has indefinitely delayed the controversial rezoning of the Garment District just as a steering committee led by Manhattan Borough...

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Thor Nabs $310M Refi for 680 Madison Avenue
News 2 days ago
Thor Nabs $310M Refi for 680 Madison Avenue

Thor Equities has secured a $310 million financing package for 680 Madison Avenue, comprising a $215 million senior loan from J.P. Morgan Chase...

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WeWork, Fidelis Sublease 64K SF From MetLife at LIC’s Brewster Building
News 2 days ago
WeWork, Fidelis Sublease 64K SF From MetLife at LIC’s Brewster Building

Insurance giant MetLife continues to sublease out its significant office footprint at the Brewster Building in Long Island City, with health...

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As Traditional Grocery Stores Flee Manhattan, C-Town Arrives in Ocean Hill, Brooklyn
News 2 days ago
As Traditional Grocery Stores Flee Manhattan, C-Town Arrives in Ocean Hill, Brooklyn

Even as traditional supermarkets disappear in more expensive parts of New York City, grocery operators are paying closer attention to working-class...

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Office Startup Knotel Takes Two Floors at NoMad Office Building
News 3 days ago
Office Startup Knotel Takes Two Floors at NoMad Office Building

Startup office provider Knotel will open its newest location at 373 Park Avenue South in NoMad, where the company has agreed to take 17,464 square...

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Energy and Metals Data Provider Inks Lease Extension Near Bryant Park
News 3 days ago
Energy and Metals Data Provider Inks Lease Extension Near Bryant Park

Advisory and analytics company Wood Mackenzie has signed an early five-year renewal for its 10,338-square-foot offices at 452 Fifth Avenue,...

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Mitchell Gold + Bob Williams, Luxe Home Furnishings Retailer, Coming to Industry City
News 3 days ago
Mitchell Gold + Bob Williams, Luxe Home Furnishings Retailer, Coming to Industry City

This October, luxury home furnishings retailer Mitchell Gold + Bob Williams will be opening a 10,000-square-foot store and upholstery repair shop...

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Evan Schuckman Leaves Family Firm for Ripco
News 3 days ago
Evan Schuckman Leaves Family Firm for Ripco

After nearly nine-and-a-half years working at his cousin’s brokerage, Schuckman Realty, Evan Schuckman has joined Ripco Real Estate, Commercial...

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$98M Loan on Chicago Office Property Lands in Foreclosure
News 3 days ago
$98M Loan on Chicago Office Property Lands in Foreclosure

The $97.5 million loan backed by 550 West Jackson—an office property located near downtown Chicago—is in foreclosure, according to information...

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Oil Company Eni’s North America Division Re-ups 16K-SF Midtown East Offices
News 3 days ago
Oil Company Eni’s North America Division Re-ups 16K-SF Midtown East Offices

The North American division of Italian oil giant Eni SpA has renewed its 15,736-square-foot lease for offices at Jack Resnick & Sons‘ 485 Madison...

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Consulting Firm Heads to Times Square Tower
News 4 days ago
Consulting Firm Heads to Times Square Tower

Consulting firm The Brattle Group has inked a deal to relocate its New York City offices to Boston Properties’ 7 Times Square, also known as Times...

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Douglas Elliman's Sonia Stock on Her Journey From Tennis Pro to Broker
News 4 days ago
Douglas Elliman's Sonia Stock on Her Journey From Tennis Pro to Broker

Among the residential brokers who take a whack at commercial, there is a steep learning curve. The businesses, everyone will tell you, are...

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Netflix Subleases Space from Twitter for New York City Offices [Updated]
News 4 days ago
Netflix Subleases Space from Twitter for New York City Offices [Updated]

Movie and TV online streaming giant Netflix has signed a subleased space from social media company Twitter at 245 West 17th Street. The digital...

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Kamber Management to Acquire UWS Riverside Garage Portfolio for $50M
News 5 days ago
Kamber Management to Acquire UWS Riverside Garage Portfolio for $50M

Kamber Management Company is in contract to acquire three operating Upper West Side parking garage condominiums in the Trump Place-Riverside South...

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Under Construction: Unfreezing the Long-Vacant Ruppert Ice House in the Bronx
News 5 days ago
Under Construction: Unfreezing the Long-Vacant Ruppert Ice House in the Bronx

For more than two decades, the former ice factory at 20 Bruckner Boulevard in the Mott Haven section of the Bronx sat vacant. Its past forgotten by...

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The Owner Strikes Back: Rent-Regulation Laws Get Used in the Brawl With Airbnb
News 5 days ago
The Owner Strikes Back: Rent-Regulation Laws Get Used in the Brawl With Airbnb

At the end of May, the Appellate Division of the Supreme Court of New York issued a precedent-setting decision, upholding the eviction of a 69-year...

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Times Square Alliance Renews and Expands in—Where Else?—Times Square
News 5 days ago
Times Square Alliance Renews and Expands in—Where Else?—Times Square

Times Square Alliance has completed a renewal and expansion of its offices in the Crossroads of the World, bringing its footprint to 10,365 square...

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The Retail Comeback
News 5 days ago
The Retail Comeback

It seems that every day I read another article predicting the end of retail. With the continuing growth of e-commerce, the popular narrative is...

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WeWork Takes 85K SF in FiDi
News 5 days ago
WeWork Takes 85K SF in FiDi

WeWork has inked a deal for a sizable new outpost at 115 Broadway in the Financial District. The coworking giant leased 85,000 square feet on the...

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Warner Bros.-Owned Streaming Service Subleases Full Floor at 3 Park Avenue
News 6 days ago
Warner Bros.-Owned Streaming Service Subleases Full Floor at 3 Park Avenue

Video streaming service DramaFever has agreed to sublease nearly 23,000 square feet of office space from email technology solutions provider Return...

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Think Coffee Likely to Replace Starbucks at 471 Broadway in Soho
News 6 days ago
Think Coffee Likely to Replace Starbucks at 471 Broadway in Soho

Starbucks Coffee’s lease at 471 Broadway in Soho expires on Oct. 10, and the coffee giant has elected not to renew, the retail condominium unit’s...

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Thor Putting 88 Greenwich Retail Condo on Market for $52M
News 6 days ago
Thor Putting 88 Greenwich Retail Condo on Market for $52M

Thor Equities is putting its retail condominium at 88 Greenwich Street at the southwest corner of Rector Street on the market for $52 million,...

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National Asian Fusion Chain Inchin's Bamboo Garden Landing in NYC on PAS
News 1 week ago
National Asian Fusion Chain Inchin's Bamboo Garden Landing in NYC on PAS

Inchin’s Bamboo Garden, which fuses Chinese and Indian “feel good” street food, is opening its first eatery in New York City on Park Avenue South,...

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Ten-X Helps Brokers Make Their Market
News 1 week ago
Ten-X Helps Brokers Make Their Market

When Colliers Senior Vice President Barry Swatsenbarg sought to market a $24 million, 120,720-square-foot office property in Ann Arbor, Mich., this...

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KeyBank Provides $50M Bridge Loan for Axonic Properties’ Naples Multifamily Buy
News 1 week ago
KeyBank Provides $50M Bridge Loan for Axonic Properties’ Naples Multifamily Buy

Axonic Properties has nabbed a $50 million bridge loan from KeyBank Real Estate Capital for its acquisition of a multifamily complex in Naples, Fla...

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Hedge Fund Hoplite Capital Renews at SL Green’s 810 Seventh Avenue
News 1 week ago
Hedge Fund Hoplite Capital Renews at SL Green’s 810 Seventh Avenue

Hedge fund Hoplite Capital Management has renewed its 17,320 square feet of office space at SL Green Realty Corp.’s 810 Seventh Avenue in Midtown,...

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Stonemont Buys Oak Street's Net-Leased Portfolio for $1.3B
News 1 week ago
Stonemont Buys Oak Street's Net-Leased Portfolio for $1.3B

Atlanta-based investor Stonemont Financial Group has acquired a massive portfolio of net-leased real estate from Oak Street Real Estate Capital for...

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CMBS Issuance Volume Doubles to $21B in Second Quarter
News 1 week ago
CMBS Issuance Volume Doubles to $21B in Second Quarter

CMBS issuance reached $21 billion in the second quarter of 2017, which is more than double the $10.5 billion in issuance in the first quarter,...

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Guardian Life Taps C&W's Harmon and Spies to Flip 7 Hanover Square
News 1 week ago
Guardian Life Taps C&W's Harmon and Spies to Flip 7 Hanover Square

Guardian Life Insurance Company of America has tapped a Cushman & Wakefield team led by Douglas Harmon and Adam Spies to market its headquarters...

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