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Why is This Dermatology Office Blitzleasing in NYC?
News 3 months ago
Why is This Dermatology Office Blitzleasing in NYC?

If dermatologist Dr. Bobby Buka has his way, every New Yorker would be on a first-name basis with their local neighborhood dermatologist. In...

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Paramount Sells DC Office for $155M to Fund San Francisco Deal
News 3 months ago
Paramount Sells DC Office for $155M to Fund San Francisco Deal

Paramount Group has sold Liberty Place, a 172,000-square-foot office building in Washington D. C.'s End End neighborhood, for $154.5 million,...

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Brideside Bride Expands Flatiron Presence With New Wedding Dress Store
News 3 months ago
Brideside Bride Expands Flatiron Presence With New Wedding Dress Store

A bridal boutique that specializes in bridesmaids dresses is doubling its presence in the Flatiron District and taking over an adjacent retail...

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Jacob Chetrit Acquiring SL Green’s News Building For $815M
News 3 months ago
Jacob Chetrit Acquiring SL Green’s News Building For $815M

Jacob Chetrit is the buyer behind SL Green's announced $815 million sale of the 37-story News Building at 220 East 42nd Street in Midtown East,...

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Blackstone Inks $6B Deal for Colony Capital’s Logistics Properties
News 3 months ago
Blackstone Inks $6B Deal for Colony Capital’s Logistics Properties

Two prominent investment firms, Colony Capital and Blackstone Real Estate Partners, have agreed to a multi-state trade that will allow Colony...

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Amazon Leases a Dozen Locations With Plans for a Grocery Store Chain
News 3 months ago
Amazon Leases a Dozen Locations With Plans for a Grocery Store Chain

Los Angeles is front and center in Amazon's reported plans to open a chain of grocery stores, with the tech powerhouse signing more than a dozen...

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Thor Equities Unloads BJ’s Store in Brooklyn for $73M
News 3 months ago
Thor Equities Unloads BJ’s Store in Brooklyn for $73M

Thor Equities sold its nearly 200,000-square-foot retail site in Gravesend, Brooklyn, that houses a BJ's Wholesale Club for $73 million, property...

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CoStar Acquires Hotel Data Provider STR
News 3 months ago
CoStar Acquires Hotel Data Provider STR

Commercial real estate data giant CoStar Group plans to acquire STR, one of the country's largest hotel data aggregators, the companies announced...

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One Madison Avenue
News 3 months ago
One Madison Avenue

The terraces at will feature a leafy view of Madison Square Park and, looking up past the treetops, a glimpse of Jeff Bezos' recently purchased $80...

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Solving the Ground Rent Problem
News 3 months ago
Solving the Ground Rent Problem

For many decades, "standard" ground leases said that every 20 or 30 years, the ground rent would adjust to equal 6 or 7 percent of the current...

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Top Young Professionals Share Political Priorities
News 3 months ago
Top Young Professionals Share Political Priorities

Ah, yes, quite right. That is Mitchell Forman in the far corner, the New Line Structures project director. But I'm not sure you'll want to join him...

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CO's Top Young Architects, Engineers and Contractors of 2019
News 3 months ago
CO's Top Young Architects, Engineers and Contractors of 2019

Martina Botturi, 34Electrical Engineer and Associate Principal, BR+AIn a world where having a unique specialty can get you far, BR+A's Martina...

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The Top Leasing and Sales Professionals of 2019
News 3 months ago
The Top Leasing and Sales Professionals of 2019

Ariel Benyacov, 24Director of Sales, Westbridge Realty Group Opportunity came knocking for Ariel Benyacov straight out of college. He landed his...

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The Top Young Debt and Equity Professionals of 2019
News 3 months ago
The Top Young Debt and Equity Professionals of 2019

Sorry everyone: They're (mostly) taken. As if making major strides in the world of commercial real estate finance wasn't enough, 2019 has also been...

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Terra Capital Provides $62M Loan for Bay Area Office Project
News 3 months ago
Terra Capital Provides $62M Loan for Bay Area Office Project

Windy Hill Property Ventures has landed a $61.5 million construction loan for 610 Walnut Street, a ground-up office development in downtown Redwood...

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DC’s The Wharf Obtains Record $847M Financing for Project’s Next Phase
News 3 months ago
DC’s The Wharf Obtains Record $847M Financing for Project’s Next Phase

Goldman Sachs has led a record-setting $847 million financing to fund the construction of the second phase of The Wharf, the popular $2.5 billion,...

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Famed Watergate Office Tower in DC Sells for $102M
News 3 months ago
Famed Watergate Office Tower in DC Sells for $102M

Brian Friedman's Washington, D. C.-based investment firm Friedman Capital has purchased the infamous Watergate office building, according to a...

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Luxury Watch Retailer Signs Short-Term Lease Near Madison Avenue
News 3 months ago
Luxury Watch Retailer Signs Short-Term Lease Near Madison Avenue

Wrist Aficionado, a luxury online watch retailer, has signed an 18-month lease for space at 19 East 62nd Street between Madison and Fifth Avenues...

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Data Engineering Company Heads to 10 Grand Central
News 3 months ago
Data Engineering Company Heads to 10 Grand Central

Data operations and delivery firm Crux Informatics has found new offices at Marx Realty's 10 Grand Central in Midtown, the landlord announced today...

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WeWork Pulls Out of Its Troubled IPO
News 4 months ago
WeWork Pulls Out of Its Troubled IPO

Coworking behemoth WeWork is pumping the brakes on its initial public offering (IPO), less than a week after its bombastic co-founder Adam Neumann...

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Capital One Provides $81M Acquisition Loan for Philly Resi Property
News 4 months ago
Capital One Provides $81M Acquisition Loan for Philly Resi Property

FCP has landed a $80.5 million loan for its acquisition of Edgewater Apartments, a 286-unit luxury residential property in Philadelphia's Center...

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KTGY is First Tenant at Newly Renovated Trust Building in DTLA
News 4 months ago
KTGY is First Tenant at Newly Renovated Trust Building in DTLA

As the first tenant in the Trust Building since it has been renovated, KTGY Architecture & Planning is set to open its new headquarters in Downtown...

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Decron Continues Multifamily Push With $79M Woodland Hills Deal
News 4 months ago
Decron Continues Multifamily Push With $79M Woodland Hills Deal

Decron Properties is continuing to refocus its portfolio on multifamily properties by acquiring Alura, a 250-unit multifamily complex in Woodland...

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Hedge Fund Takes 14K SF in Meatpacking District
News 4 months ago
Hedge Fund Takes 14K SF in Meatpacking District

Hedge-fund RTW Investments will move its offices from Chelsea to the Solar Carve Tower in the Meatpacking District. The firm signed a 10-year lease...

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Lightstone and Elad Join List of Companies Heading Back to Tel Aviv
News 4 months ago
Lightstone and Elad Join List of Companies Heading Back to Tel Aviv

Lightstone Group and Elad Group are returning to Tel Aviv to raise Series B bond offerings, in what amounts to a sudden comeback of New York real...

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Healthcare Construction Experts on Design that Prioritizes Patients and Staff
News 4 months ago
Healthcare Construction Experts on Design that Prioritizes Patients and Staff

If anyone was playing a drinking game at Commercial Observer's annual Healthcare Construction Forum, they would be feeling pretty good around noon...

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Tri-State Shake-Up at C&W as Santora Steps Down, Dodd Steps In
News 4 months ago
Tri-State Shake-Up at C&W as Santora Steps Down, Dodd Steps In

John Santora, the president of Cushman & Wakefield's New York tri-state region, will step down from his post next year and be replaced by 18-year...

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Why is Automation So Hard in Commercial Real Estate?
News 4 months ago
Why is Automation So Hard in Commercial Real Estate?

In 2016, Harvard Business Review released a study ranking how digitally advanced the different sectors of industry were. Real estate ranked below...

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Creative Agency Harper + Scott Departs Flatiron for WTC
News 4 months ago
Creative Agency Harper + Scott Departs Flatiron for WTC

Marketing firm Harper + Scott is leaving the Flatiron District for the new 3 World Trade Center. The creative agency inked a seven-year 17,456...

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One Developer Out as Partner Takes $65M Loan on Mad Ave Tower
News 4 months ago
One Developer Out as Partner Takes $65M Loan on Mad Ave Tower

A developer behind a planned residential tower on the Upper East Side has secured $65 million in construction debt from Deutsche Bank to fund work...

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