Prepared by Richard Plehn
Welcome to the December 2 edition as we kick off the final month of the year! This week, we’re diving into the latest trends, significant deals, and key developments shaping the commercial real estate landscape in New York and beyond. Stay informed with our in-depth coverage of the industry’s most impactful shifts.
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The Real Deal
The State of NYC’s Retail Real Estate – The Real Deal
Blackstone Paying $15M After Alleged Rent Overcharges – The Real Deal
Meyer Chetrit Sues Lender On New Jersey Mixed-Use Property Amid Foreclosure – The Real Deal
SL Green Gobbles Up 500 Park Office Condo for $130 – The Real Deal
RXR Scores 430K SF Lease from Ropes & Gray
Bisnow
This Week’s N.Y. Deal Sheet: SL Green Snaps Up Park Avenue Office For $130M (November 11, 2024) – Bisnow
‘Find Your Voice’: Honoring Women In CRE At Bisnow’s Dec. 4 Event – Bisnow
Ropes & Gray Relocating To RXR Tower In Deal That Could Grow To 535K SF – Bisnow
The Commercial Observer
Brazilian Government Doubles Footprint in the Daily News Building – Commercial Observer
Consulting Firm Guidehouse Signs 45K-SF Deal at 75 Rockefeller Plaza – Commercial Observer
Apple Takes an Additional 61K SF at 11 Penn Plaza – Commercial Observer
Crain´s New York
Upright Citizens Brigade plans out next act | Crain’s New York Business
Two Times Square retail and office buildings sell for $48 million | Crain’s New York Business
NYC Deals of the Day: Nov. 27, 2024 | Crain’s New York Business
New York Post
NYC office tower spending $30M in upgrades on ameneties like bowling, golf, speakeasy – New York Post
Luxury department store Printemps moves up US debut at One Wall Street, developer says – New York Post
Wall Street Journal
Office Conversions Find New Life After Property Values Plunge – WSJ
New York YIMBY
Façade Installation Continues on 1345 Third Avenue on Manhattan’s Upper East Side – New York YIMBY
New Renderings Revealed For 343 Madison Avenue In Midtown East
Work Stalls on The Torch at 740 Eighth Avenue in Midtown, Manhattan – New York YIMBY
1695 Second Avenue’s Foundations Near Completion on Manhattan’s Upper East Side – New York YIMBY
