Prepared by Richard Plehn

Greetings, thanks for joining us on the latest edition of Real Estate News, for December 14, 2023!
As the year winds down, we’re here to provide you with the most recent updates and highlights from the dynamic world of real estate. From market info and property innovations, to breaking news and trends, join us as we navigate the final strides of this year’s real estate landscape.

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The Real Deal

Players Grab Co-ops at Non-Judicial Foreclosure Auctions (therealdeal.com)
Top NYC Neighborhoods For All-Cash Buyers (therealdeal.com)

Bisnow

Manhattan Office Availability Ticked Back Up In November With Dearth Of Big Deals (bisnow.com)
JPMorgan Brings Back Former Exec To Lead Real Estate Americas Division (bisnow.com)

Commercial Observer

PR Firm 360PR+ Takes 6K SF at 60 Charlton – commercialobserver.com
Investment Firm Stonepeak Signs 77K-SF Lease at 245 Park Avenue – commercialobserver.com
PJT Partners Expands to 270K SF in Renewal at 280 Park – commercialobserver.com
Private Equity Firm Hollyport Takes 7K SF at 600 Lexington Avenue – commercialobserver.com
Verizon Plans to Sublease Unoccupied Essex Crossing Office Space – commercialobserver.com
BDT & MSD Combine Offices at 550 Madison After Merger – commercialobserver.com

Crain’s New York

NYC Deals of the Day: Dec. 8, 2023 | Crain’s New York Business (crainsnewyork.com)
SL Green wants tax break to convert nearly-empty 750 Third Ave. into housing | Crain’s New York Business (crainsnewyork.com)
Flushing developer Xiaogang Wang to tear down pair of Union Square buildings | Crain’s New York Business (crainsnewyork.com)

New York Post

John Gotti’s daughter unloading NYC properties worth $36M (nypost.com)
SL Green boosts portfolio with deals at Park Ave. office towers (nypost.com)

Wall Street Journal

San Francisco Is Building to Bring Residents Back – WSJ
Real-Estate Developers Chase Outer Space Business in Florida – WSJ

New York YIMBY

15 Hanover Place Nears Completion in Downtown Brooklyn – New York YIMBY
The Italic Tops Out at 26-32 Jackson Avenue in Long Island City, Queens – New York YIMBY
7 Platt Street’s Foundations Reach Street Level in Manhattan’s Financial District – New York YIMBY

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