New York is a vibrant and ever-evolving real estate hub. In this weekly clipping news, we bring you the latest insights, trends, and opportunities in the dynamic world of New York real estate.
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The Real Deal
Soho Tops Manhattan’s Q3 Retail Leasing: CBRE (therealdeal.com)
NY’s Rapid Rent Growth Coming to End (therealdeal.com)
Harry Macklowe Halts Foreclosure of His 432 Park Ave Units (therealdeal.com)
The Commercial Observer
Industry City’s Japan Village Market Expanding by 10K SF – Commercial Observer
Civil Rights Law Firm Relocating to 13K SF at 200 Varick Street – Commercial Observer
32BJ Health Fund Doubles Size of Its Flatiron Office – Commercial Observer
Regus Renews 37K-SF 14 Wall Street Location – Commercial Observer
Clothing Makers Kellwood and KBL Group Take Space at 1441 Broadway – Commercial Observer
Ad Platform AdMarketplace Expanding NYC HQ With 90 Park Avenue Sublease – Commercial Observer
JFB Legal Inks 8K-SF Sublease With Cleary Gottlieb at One Liberty Plaza – Commercial Observer
Princeton Real Estate Moving to Direct Deal 745 Fifth Avenue – Commercial Observer
Fintech Firm Revolut Signs 10K-SF Lease at 107 Greenwich – Commercial Observer
ID Card Company Idesco Renews at 37 West 26th Street – Commercial Observer
Bisnow
Signs Of Distress Growing In NYC Office Market, But ‘The Worst Is Yet To Come’ (bisnow.com)
Manhattan Office Leasing Sinks 30% Despite String Of Big Deals (bisnow.com)
Sales Of New Condos In Manhattan Fall 40% From Prior Quarter (bisnow.com)
This Week’s N.Y. Deal Sheet (October 10, 2023) (bisnow.com)
Landlords Nab Rare Refinancing For 2 Grand Central-Area Office Towers (bisnow.com)
‘The Worst Market I’ve Seen’: NYC Commercial Real Estate Sales On Pace For Worst Year Since 2009 (bisnow.com)
Delshah Capital Entity Files For Chapter 11 To Avoid Default (bisnow.com)
SL Green Declines To Renew Contract Of Longtime President (bisnow.com)
Crain’s New York
NYC Deals of the Day: Oct. 12, 2023 | Crain’s New York Business (crainsnewyork.com)
CityPickle powers NYC’s pickleball craze with courts in Central Park, LIC | Crain’s New York Business (crainsnewyork.com)
Dan Loeb’s Third Point lists Hudson Yards offices for sublease | Crain’s New York Business (crainsnewyork.com)
New York Post
Recent NYC retail leasing scene fuels skepticism despite luxury retail leasing boom (nypost.com)
US office prices headed for ‘severe crash,’ investors say (nypost.com)
Donald Trump’s Tower at risk in $250M civil fraud case (nypost.com)
Wall Street Journal
Texas Cities Are Booming, but Their Offices Are the Most Vacant – WSJ
Times Square Goes From Deserted to Bustling – WSJ
YIMBY
Renovation and Expansion Work Progresses on 125 Barclay Street in Tribeca, Manhattan – New York YIMBY
Facade Installation Progresses At 520 Fifth Avenue In Midtown, Manhattan – New York YIMBY
