In this week´s newsletter, we’ve curated a selection of articles, tips, and trends to keep you informed and empowered in today’s dynamic property market. Subcribe to our newsletter to stay informed.
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The Real Deal
- Falling Demand Poised to Wipe Out $800B in Office Value (therealdeal.com)
- Newmark Hires Tech Specialist Christina Clark To Help Lead SF Office (therealdeal.com)
- Salesforce Sublets Floor of Midtown Office Building to VTS (therealdeal.com)
- Former Modell’s CEO Faces Foreclosure at Midtown Office Building (therealdeal.com)
- Lender: Margaritaville Hotel Wasting Away Under NYC Owner (therealdeal.com)
- Here Are New York City’s Biggest Real Estate Loans in June (therealdeal.com)
- M&T Bank Reports NYC Office Distress in Second Quarter (therealdeal.com)
- Japanese Investors Back in the New York Groove (therealdeal.com)
- “Colossal failures” Plague 1 Park Row Development Project (therealdeal.com)
- SL Green Occupancy Dips Below 90% (therealdeal.com)
- Maverick Moves to Foreclose on XIN over Flushing Theater Site (therealdeal.com)
New York YIMBY
- JPMorgan Chase’s Headquarters Approaches Supertall Status at 270 Park Avenue in Midtown East, Manhattan – New York YIMBY
- Renovations Now Complete at 122 Fifth Avenue in Union Square, Manhattan – New York YIMBY
Bisnow
- This Week’s N.Y. Deal Sheet (July 7, 2023) (bisnow.com)
- Landlord Defaults On Garment District Loan After WeWork Vacates 135K SF (bisnow.com)
- SL Green’s Office Occupancy Slips To New ‘Low Point’ (bisnow.com)
Commercial observer
- Two Consulting Firms Each Lease 5K SF at 121 East 24th Street – Commercial Observer
- Legal Aid Society and Center for Reproductive Rights Renew at 199 Water Street – Commercial Observer
- Fashion Brand Puig Relocating NYC Offices to 25K SF at 45 Rockefeller Plaza – Commercial Observer
Crain’s New York
- City investment sales lose momentum in the first half of the year, report finds | Crain’s New York Business (crainsnewyork.com)
- NYC Deals of the Day: July 21, 2023 | Crain’s New York Business (crainsnewyork.com)
