Here we are again this week at Richard Plehn Team website with the latest news on Real Estate and business trends around the NY area.
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The Real Deal
- Here Are WeWork’s Competitors That Will Benefit From Its Demise (therealdeal.com)
- Charles Cohen Delinquent on $500 Million in Office Debt (therealdeal.com)
- Alexandria Real Estate President And CFO Resigns (bisnow.com)
- SL Green Takes Over Madison Avenue Office Tower From Ashkenazy After Lengthy Battle (bisnow.com)
Commercial Observer
- Digital Ad Firm Clinch Signs 8K-SF Lease at 50 West 23rd Street – Commercial Observer
- Insurance Broker NFP Leaves Madison Avenue for the MetLife Building – Commercial Observer
- Empowerment Fund Takes 12K SF at 44 Wall Street – Commercial Observer
- Davis Polk & Wardwell Extends and Expands to 700K SF at 450 Lexington – Commercial Observer
- Trio of Creative Tenants Takes 13K SF by the Brooklyn Navy Yard – Commercial Observer
- Newmark Launches Data Center Capital Markets Group, Hires Brent Mayo to Helm – Commercial Observer
New York Post
- Mexico’s RosaNegra will open its first US eatery in Miami (nypost.com)
- Tishman Speyer’s Spiral secures 3 new financial-services leases in booming Hudson Yards (nypost.com)
- Troubles for Wall Street office tower worsen as foreclosure looms (nypost.com)
YIMBY
- Tower 77’s Façade Wraps Up at 77 Commercial Street in Greenpoint, Brooklyn – New York YIMBY
- Redevelopment of 22 Vanderbilt by Milstein Properties Nears Completion – New York YIMBY
- Construction At PENN2 Continues At Two Penn Plaza in Midtown, Manhattan – New York YIMBY
- L&L Holding Company Unveil Large-Scale Artworks at 425 Park Avenue in Midtown, Manhattan – New York YIMBY
Wall Street Journal
Crain’s
- How the migrant crisis is changing New York City streets | Crain’s New York Business (crainsnewyork.com)
- Reuben Brothers revealed as buyers of three Vornado retail buildings | Crain’s New York Business (crainsnewyork.com)
- WeWork plans 1-for-40 reverse stock split to save listing | Crain’s New York Business (crainsnewyork.com)
- City’s economic recovery suffers setback with 8,000 fewer jobs in July | Crain’s New York Business (crainsnewyork.com)
