leases
Vacancy rates plunging at prime London office towers -- mirroring NYC's 'flight to quality'
The “flight to quality” that’s benefitted owners of prime Manhattan properties is remarkably mirrored in London, the market that’s most relevant to New York’s.
City Hall pauses 'fishy' lease agreement with Adams donor following cries of 'corruption' from NYC Council
Connor Martinez, the director of legislative affairs in the mayor's office, sent an email on Nov. 12 to the concerned councilmembers confirming the city lease at 14 Wall Street had...
Major NYC landlords get surprise boost from growing media giant
The city’s largest commercial landlords enjoyed big boosts from Bloomberg LP’s sustained and growing stake on Midtown’s East Side. The media giant’s 924,876 square-foot renewal and expansion at 919 Third...
Spectacular NYC restaurant — featuring 70-foot sushi bar — joins booming Flatiron corridor
Restaurant-watchers might be stunned by Monday’s opening of Aqua New York, a block-long leviathan at 902 Broadway between East 20th and 21st streets. If they never heard of it, it’s...
Hudson Yards skyscraper Spiral lands private equity giant in major relocation deal
TPG will move from 888 Seventh Ave. and 245 Park Ave.
Amazon may be primed to add space near its NYC headquarters as more workers return to office
Jeff Bezos’ tech and retailing behemoth is in talks to lease all of HSBC’s 350,000 square feet at 452 Fifth Ave. when the bank moves to The Spiral next year,...
As firms compete for luxury office space, it's feast or famine for building owners
It's a tale of two cities. While ultra-luxury office towers in hot ’hoods are seeing massive asking rents of up to $300 per square foot, side-street buildings are lucky to...
Bloomberg mega-deal at 'PJ Clarke’s tower' lifts Third Avenue
A commercial broker who wasn’t involved in the deal commented, “Maybe all the ‘Dead Avenue’ jokes were premature.”
NYC retail leasing shows signs of rebound after COVID carnage
Third-quarter Manhattan surveys found significantly lower storefront availability.
Wall Street firm Jane Street looks to grow footprint in boost to Financial District
The office leasing breakthrough that Downtown has been waiting for could happen by year’s end. Global trading firm Jane Street is looking to grow at Brookfield Place, we’ve learned. The...
J&R Music owner looking to sell former retail space after Fed cut
The iconic retail and office portion of 15 Park Row, former home to J&R Music, is up for sale by owner Rachelle Friedman as a 200-year condominium leasehold.
These NYC apartments near Billionaires' Row cost $99K — but there's a catch
It's one of just about 100 Big Apple co-ops with the rare arrangement.
Sixth Avenue skyscraper adds 'eagle' nest with signing of indoor golf company
The latest addition is part of the roughly $45 million in new tenants’ amenities at 1290 Sixth, and Vornado’s plan also includes a 12,000 square-foot “tablecloth” restaurant.
Hedge fund manager giant inks hush-hush lease at revamped NYC office building
The Manhattan office market continues to surprise with unexpected new leases and expansions – and now, a most unlikely relocation that nobody saw coming. Bridgewater Associates, the world’s largest hedge...
Two new tenants at famed NYC Midtown towers bolster luxury retail market
Bonhams will reportedly move into the landmarked former Steinway Piano showroom at the base of 111 W. 57th St.
Yeshiva University enlarges Midtown footprint with health sciences campus at Herald Center
The deal couldn’t come at a better time for landlord JEMB Realty Corporation, which needed a new tenant.
Century-old NYC office building signs two deals to buck trend toward newer towers
While some older buildings atrophy, others thrive. Two new deals totaling 104,000 square feet have brought George Comfort & Sons’ 960,000 square-foot 498 Seventh Ave. to 95% occupied.
StubHub expands footprint at WTC, scoops up shrinking Spotify's space
Spotify needed less space at the World Trade Center, but StubHub needed more. In a deal that should make everyone happy -- including landlord Larry Silverstein -- the online live-event...
Whole Foods to beef up NYC footprint with new outpost in East Village as Manhattan real estate remains in flux
The circumstances reflect a Manhattan retail scene that continues to be in turbulent flux, struggling to get its juice back after the pandemic and -- maybe more critically -- the online...
Staple Pigeon streetwear launches first US store in Soho
Streetwear clothing brand Staple Pigeon is launching its first permanent US store at 21 Mercer St. in Soho.