VNQ$95.12+0.63%XLRE$43.88+0.90%
Real Estate Trail
Institutional Press Wire
Markets · NY

New York

The deepest CRE market in the country is bifurcated: trophy office is leasing at record rents while commodity Class B is being marked down or converted. Multifamily remains rent-stabilized and supply-constrained.

Press in New York

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News Wire — New York

Commercial Observer · New York · Retail

eBay Takes 28K SF at Bromley Companies’ 122 Fifth Avenue

Digital retail giant eBay is setting up a shop of its own. eBay has signed an eight-year, 27,902-square-foot lease on the entire second floor of Bromley Companies ’ 122 Fifth Avenue in Manhattan’s Flatiron District, C…

18h ago
Commercial Observer · New York · Retail

Colliers Hires Sarah Cafaro as NYC-Based Senior Vice President

Colliers has hired Sarah Cafaro as its new senior vice president in New York, Commercial Observer has learned. Cafaro, previously a senior director of U.S. retail investment sales and capital markets at Avison Young ,…

20h ago
Commercial Observer · New York

Google Quietly Signs 411K-SF Lease Renewal at 315 Hudson Street

Google is keeping its massive presence in Manhattan’s Hudson Square, according to a new market report from Colliers . The tech giant quietly signed a deal to renew its 410,556-square-foot headquarters at Jack Resnick…

22h ago
Commercial Observer · New York · Multifamily

Ares Provides $86M Refi for Long Island City Multifamily Property

Slate Property Group and Avenue Capital Management have secured an $86.25 million loan to refinance Dutch House , an eight-story, 186-unit multifamily property in Long Island City, Queens, Commercial Observer can firs…

22h ago
Commercial Observer · New York

Epilepsy Foundation Takes 4K SF at GFP’s 322 Eighth Avenue

The Epilepsy Foundation of Metropolitan New York (EFMNY), a nonprofit advocacy organization offering services to people with epilepsy, has signed a 10-year lease for 3,818 square feet at GFP Real Estate ’ s 322 Eighth…

23h ago