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Sandeep Mathrani is WeWork's Best Hope for Survival
News 3 months ago
Sandeep Mathrani is WeWork's Best Hope for Survival

The beleaguered coworking giant WeWork - which suffered a series of crushing blows last year - took a step towards "growing up" last week. The...

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Tech Chief Moves From Goldman Sachs to Blackstone
News 3 months ago
Tech Chief Moves From Goldman Sachs to Blackstone

Some national and Southern California-based real estate players brought new talent to their ranks, including a new tech expert at Blackstone, and...

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Clarion, Lincoln Property Add Another Creative Campus in LA
News 3 months ago
Clarion, Lincoln Property Add Another Creative Campus in LA

Clarion Partners and Lincoln Property Company are again staking claim on the Los Angeles Westside with the $169-million acquisition of the...

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Randolph Beer Plans Second Williamsburg Brewery at 25 Kent
News 3 months ago
Randolph Beer Plans Second Williamsburg Brewery at 25 Kent

Brooklyn-based brewpub Randolph Beer is taking space at 25 Kent in Williamsburg for a restaurant, bar and brewery, the building's developers...

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Landing, a Flex Rental Startup, Raises $30M to Fund Expansion
News 3 months ago
Landing, a Flex Rental Startup, Raises $30M to Fund Expansion

Flex rental company Landing, which offers a membership-based model for apartment rentals, raised $30 million in a Series A round, the company...

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Real Estate Leaders Discuss How Technology Is Shaping Commercial Real Estate Trends in NYC
News 3 months ago
Real Estate Leaders Discuss How Technology Is Shaping Commercial Real Estate Trends in NYC

On December 3, Commercial Observer hosted its first-ever Innovators Forum, where the movers and shakers of New York City's commercial real estate...

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Macy’s to Close 125 Stores Nationwide and Lay Off 2,000 Workers
News 3 months ago
Macy’s to Close 125 Stores Nationwide and Lay Off 2,000 Workers

Storied department store Macy's will close 125 outposts nationwide and lay off 2,000 corporate employees in an effort to turn the struggling chain...

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CLOs and CDOs Are Hot Again. Déjà Vu?
News 3 months ago
CLOs and CDOs Are Hot Again. Déjà Vu?

"The secret to success is to do the common thing uncommonly well." - John D. Rockefeller Jr. Collateralized loan obligations (CLOs) have become...

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Accounting Firm Marcum Relocates and Expands on Third Avenue
News 3 months ago
Accounting Firm Marcum Relocates and Expands on Third Avenue

Accounting firm Marcum is moving its headquarters one block south to 730 Third Avenue, Commercial Observer has learned. Marcum signed a lease for...

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Data Platform Cherre Raises $16M in Series A Round
News 3 months ago
Data Platform Cherre Raises $16M in Series A Round

Real estate data startup Cherre has raised $16 million in a Series A round led by Intel Capital, the company announced. The New York-based company...

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Whittle Private School Leases 620K SF in Downtown Brooklyn
News 3 months ago
Whittle Private School Leases 620K SF in Downtown Brooklyn

After announcing its plans to open a new private school in Downtown Brooklyn's The Wheeler development last year, Whittle School & Studios has made...

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Building Skills NY is the Route to Break Into Construction
News 4 months ago
Building Skills NY is the Route to Break Into Construction

For New Yorkers who want a career in construction but don't know how to get started, the industry can look intimidating, complex and opaque, to say...

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Sandeep Mathrani to be Named WeWork CEO
News 4 months ago
Sandeep Mathrani to be Named WeWork CEO

A day after stepping down as head of Brookfield's retail division, Sandeep Mathrani was named the new CEO of the embattled coworking firm....

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Jack Cohen Leaves 3650 for Small Balance Lender
News 4 months ago
Jack Cohen Leaves 3650 for Small Balance Lender

Jack Cohen, a CRE finance-industry mainstay who has helped lead 3650 REIT, is stepping back to join small-balance lender Stronghill Capital,...

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California’s Transit-Housing Bill SB 50 Fails Again
News 4 months ago
California’s Transit-Housing Bill SB 50 Fails Again

Senate Bill 50 - the contentious housing bill that would have allowed increased multifamily development throughout California - has been defeated...

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Douglas Development, Brookfield Nearing $490M Refi of DC Office Asset
News 4 months ago
Douglas Development, Brookfield Nearing $490M Refi of DC Office Asset

Douglas Development and Brookfield Properties are very close to refinancing their Class A office property at 655 New York Avenue in Washington, D....

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Ad Agency Johannes Leonardo Moves Downtown to 115 Broadway
News 4 months ago
Ad Agency Johannes Leonardo Moves Downtown to 115 Broadway

Ad agency Johannes Leonardo has inked a deal for new office space at 111-115 Broadway, otherwise known as Trinity Centre, in the Financial District...

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Morgan Stanley Lends $44M on Six Bronx Multifamily Assets
News 4 months ago
Morgan Stanley Lends $44M on Six Bronx Multifamily Assets

Finkelstein Timberger East Real Estate (FTERE) has landed yet another Morgan Stanley loan to finance a collection of multifamily assets in the...

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Amazon Expands Its Staten Island Distribution Center to 1.3M SF
News 4 months ago
Amazon Expands Its Staten Island Distribution Center to 1.3M SF

Amazon is adding a second warehouse to its Staten Island distribution center, which will now span more than a million square feet, a spokeswoman...

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PMMI Relocating to Herndon’s Worldgate Office Park
News 4 months ago
PMMI Relocating to Herndon’s Worldgate Office Park

A trade association servicing the packaging and processing industries has signed a 28,656-square-foot lease at Monument III in Herndon, Va., with...

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Indeed Opening Second Office at 1155 Avenue of the Americas
News 4 months ago
Indeed Opening Second Office at 1155 Avenue of the Americas

Job search website Indeed will open a second New York City office at 1155 Avenue of the Americas, across the street from its current one at 1120...

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As 415 Madison Faces Demolition, Tenant Guidepost Signs at 260 Mad
News 4 months ago
As 415 Madison Faces Demolition, Tenant Guidepost Signs at 260 Mad

Guidepost Solutions is heading to the Sapir Organization's 260 Madison Avenue, moving about 10 blocks south amid plans to demolish its current home...

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A First Look at the T Building Conversion in Queens
News 4 months ago
A First Look at the T Building Conversion in Queens

Dunn Development has racked up a lot of "firsts" with its redevelopment of the former Triboro Hospital for Tuberculosis in Jamaica, Queens, into...

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McLaughlin & Stern Renews Madison Avenue HQ
News 4 months ago
McLaughlin & Stern Renews Madison Avenue HQ

Law firm McLaughlin & Stern will overhaul its Madison Avenue headquarters, and renew its lease for the 112,000-square-foot space. The law firm...

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How RET Ventures' CEO John Helm Went From Founder to VC
News 4 months ago
How RET Ventures' CEO John Helm Went From Founder to VC

John Helm's first startup came to life in a dilapidated Victorian in San Francisco. The engineers worked in the nooks and crannies of the fifth...

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Comstock experiencing tremendous leasing activity at Reston Station
News 4 months ago
Comstock experiencing tremendous leasing activity at Reston Station

During 2019, Reston, Va.-based Comstock signed more than 500,000 square feet of new office leases at the Reston Station development, which covers...

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Marshall A. Burke joins IRR as new managing director in DC
News 4 months ago
Marshall A. Burke joins IRR as new managing director in DC

Integra Realty Resources has named industry veteran Marshall A. Burke as its new managing director in its Washington, D. C. office. "Integra has...

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Hackman’s Culver Steps Adds Sephora, Salt & Straw and Philz Coffee
News 4 months ago
Hackman’s Culver Steps Adds Sephora, Salt & Straw and Philz Coffee

Hackman Capital Partners has secured three new tenants for its Culver Steps development, which is set to become a new home for Amazon Studios on...

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Houston Investor Lands $68M Refi on Texas Apartment Buildings
News 4 months ago
Houston Investor Lands $68M Refi on Texas Apartment Buildings

Morgan Stanley has lent $68 million to refinance a set of three apartment buildings in Texas. The deal closed last month and is getting the...

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Kilroy Plans Santa Monica’s Next Major Office Project
News 4 months ago
Kilroy Plans Santa Monica’s Next Major Office Project

Kilroy Realty Corporation, one of the Los Angeles region's largest development firms, is looking to build the next significant office project in...

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