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Making a Play: Q&A With Brian Friedman on His Bid for the Trump DC Hotel
News 1 month ago
Making a Play: Q&A With Brian Friedman on His Bid for the Trump DC Hotel

Developer Brian Friedman made a splash in September when his Washington, D.C.-based firm, Friedman Capital, picked up the famed Watergate office...

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CREFC 2020: Lenders Pledge to Innovate With Structure and Tech
News 1 month ago
CREFC 2020: Lenders Pledge to Innovate With Structure and Tech

It’s easy for lenders to fall into the same old patterns. The longest term lenders — the CMBS debt shops and the life-insurance companies — are...

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Nightingale, Wafra Land $145M in Acquisition Financing for 111 Wall Street
News 1 month ago
Nightingale, Wafra Land $145M in Acquisition Financing for 111 Wall Street

Nightingale Properties and Wafra Capital Partners have finalized their purchase of 111 Wall Street along with $145 million of acquisition financing...

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New York City History According to REBNY
News 1 month ago
New York City History According to REBNY

Jim Whelan, the current president of the Real Estate Board of New York, is facing strong political headwinds as the industry grapples with some of...

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The Plan: A Mid-Century Modern Lounge at 1700 Broadway
News 1 month ago
The Plan: A Mid-Century Modern Lounge at 1700 Broadway

Office landlords are positively enamored with mid-century modern renovations these days. The latest iteration of this trend comes from the...

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Ashkenazy Poaches RFR Retail Head
News 1 month ago
Ashkenazy Poaches RFR Retail Head

Commercial landlord Ashkenazy Acquisition Corporation has hired RFR Realty’s head of retail, Jordan Claffey, as its new executive vice president of...

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Honk for Congestion Pricing!
News 1 month ago
Honk for Congestion Pricing!

New Yorkers love to hate the city’s transit system. We rail against stalled trains, grumble about weekend delays, tweet about subway pizza rats and...

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Ask Suri: Lobbyist Suri Kasirer on Rent Control and the 2021 Political Landscape
News 1 month ago
Ask Suri: Lobbyist Suri Kasirer on Rent Control and the 2021 Political Landscape

New York’s political climate has had plenty of shakeups in the past few years with even more set to come next year, making the job of a lobbyist —...

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Two Law Firms Lease Space at TCC’s Transformed DC Office Building
News 1 month ago
Two Law Firms Lease Space at TCC’s Transformed DC Office Building

International law firms McGuireWoods and Hausfeld have signed leases totaling 81,243 square feet at 888 16th Street NW in Washington D.C.,...

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Smaller Landlords Are Trying to Sell Stabilized Buildings In the Wake of Rent Reforms
News 1 month ago
Smaller Landlords Are Trying to Sell Stabilized Buildings In the Wake of Rent Reforms

When the seven-story apartment building at 2301 Broadway in the Upper West Side hit the market a year ago, the longtime owners wanted $60 million...

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New Land Capital Relocating From Flushing to One Grand Central Place
News 1 month ago
New Land Capital Relocating From Flushing to One Grand Central Place

New Land Capital, a real estate private equity fund targeting Chinese investors, is moving its offices from Flushing, Queens, to Empire State...

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REBNY 2020: The Long Road Ahead
News 1 month ago
REBNY 2020: The Long Road Ahead

From his beginnings as a tax attorney in the 1970s, David Greenbaum never imagined that he'd one day be vaulted into a league with the likes of...

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REBNY Steps Up Its Educational Efforts
News 1 month ago
REBNY Steps Up Its Educational Efforts

When New York State passed the Housing Stability and Tenant Protection Act of 2019 last June, many in real estate felt blindsided — especially when...

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Hammer of Thor: A Conversation With Thor Equities’ Melissa Gliatta
News 1 month ago
Hammer of Thor: A Conversation With Thor Equities’ Melissa Gliatta

Commercial Observer sat down with Thor Equities’ Executive Vice President Melissa Gliatta to discuss Thor’s grand strategy for retail, the company...

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LA Property Manager Sued by DOJ for Sexual Harassment
News 1 month ago
LA Property Manager Sued by DOJ for Sexual Harassment

The U.S. Department of Justice has filed a lawsuit alleging that the manager of two multifamily buildings in the Westlake neighborhood of Los...

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CREFC Miami 2020: Business Is Booming … for Now
News 1 month ago
CREFC Miami 2020: Business Is Booming … for Now

At the Commercial Real Estate Finance Council’s (CREFC) annual meeting in Miami this week, Commercial Observer ran into a real estate lawyer who...

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REBNY President James Whelan's To-Do List
News 1 month ago
REBNY President James Whelan's To-Do List

As James Whelan, the nearly 6-month-old president of the powerful Real Estate Board of New York, puts it, the trade organization touches on “a lot”...

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Another Major Conversion Project Begins in West LA
News 1 month ago
Another Major Conversion Project Begins in West LA

Development and investment firms Hines, USAA Real Estate and Philena Properties have started constructing the West Edge mixed-use development in...

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Brooklinen Opens an IRL Home in Williamsburg
News 1 month ago
Brooklinen Opens an IRL Home in Williamsburg

In the latest edition of subway ads coming to life, millennial bedding brand Brooklinen opened its first permanent brick-and-mortar location in...

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CREFC Miami 2020: Observing the Cycle That Won’t Quit
News 1 month ago
CREFC Miami 2020: Observing the Cycle That Won’t Quit

At the Commercial Real Estate Finance Council’s annual Miami conference, which kicked off at the Loews Miami Beach Hotel this morning, the...

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JLL Expands to 150K SF at 330 Madison
News 1 month ago
JLL Expands to 150K SF at 330 Madison

Commercial brokerage JLL almost doubled its office footprint in Midtown East this week. The real estate firm negotiated a 10-year lease for 150,000...

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Fitness Factory Opens First NYC Location at RXR’s New Brooklyn Resi Development
News 1 month ago
Fitness Factory Opens First NYC Location at RXR’s New Brooklyn Resi Development

New Jersey-based Fitness Factory Health Club has opened its first location in New York City as the very first tenant at RXR Realty’s new luxury...

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Knotel Inks 12K-SF Lease at JTRE’s NoMad Building
News 1 month ago
Knotel Inks 12K-SF Lease at JTRE’s NoMad Building

Knotel, a flexible-workspace purveyor based in New York City, has picked up 11,500 square feet of office space in NoMad. The company closed on a...

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Architect ZGF Takes 12K SF Penthouse at 39 West 19th Street
News 1 month ago
Architect ZGF Takes 12K SF Penthouse at 39 West 19th Street

An architecture firm that has designed Google’s offices in Playa Vista, Calif., and buildings for the University of Colorado will move its New York...

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Macy’s to Close 29 Stores
News 1 month ago
Macy’s to Close 29 Stores

Macy’s has reportedly put 29 locations on the department store chopping block with plans to close them this quarter. The Associated Press reported...

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Sandeep Mathrani Departing From Brookfield
News 1 month ago
Sandeep Mathrani Departing From Brookfield

Sandeep Mathrani, the CEO of Brookfield Properties’ retail group by way of its 2018 acquisition of GGP, is leaving his position at Brookfield,...

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Knotel Debuts in the DC Market
News 1 month ago
Knotel Debuts in the DC Market

Flexible workspace provider Knotel has expanded into the Washington, D.C. market, adding to its more than 200 locations in 17 cities around the...

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RFR Hires SL Green’s Milunec for Growing Leasing Team
News 1 month ago
RFR Hires SL Green’s Milunec for Growing Leasing Team

Commercial landlord RFR Realty is poaching a top in-house leasing executive from rival owner SL Green Realty Corp., Commercial Observer has learned...

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U.S. Marshals Take 40K SF at Industry City
News 1 month ago
U.S. Marshals Take 40K SF at Industry City

The United States Marshals Service will move its New York City offices from Chelsea to Industry City in Sunset Park, Brooklyn, Commercial Observer...

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Transit-Housing Bill Back in California’s Housing Crisis Fight
News 1 month ago
Transit-Housing Bill Back in California’s Housing Crisis Fight

Brace yourselves, Californians. It’s back. State Senator Scott Wiener introduced amendments this week to his contentious transit-housing bill in a...

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