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Manhattan"s office-building bubble is officially deflating

Shutterstock/littlenystock Manhattan office property sales fell by mo.....»»

Category: topSource: businessinsiderJul 11th, 2018

The Warner Building has sold for nearly $380M

The Warner Building has officially changed hands. JBG Smith Properties Inc. (NYSE: JBGS) has sold the 621,000-square-foot office building, located at 1299 Pennsylvania Ave. NW, to an affiliate of CBRE Global Investors for $376.5 million, according.....»»

Category: topSource: bizjournalsDec 31st, 2018

Real estate firm completes $90M purchase of Chelsea building

Savanna, a Midtown Manhattan private equity firm, has wrapped up the purchase of a Chelsea office building for $90 million. The real estate investment manager, led by Christopher Schlank and Nicholas Bienstock, is tapping into its $600 million fund to.....»»

Category: topSource: bizjournalsDec 17th, 2018

"Fearless Girl" takes her place in front of NYSE

Those passing by the New York Stock Exchange may notice a wide-eyed girl staring down the building. The "Fearless Girl," the hands-on-hips bronze statue symbolizing female empowerment, is officially in front of 11 Wall Street in Manhattan's Financial.....»»

Category: topSource: bizjournalsDec 10th, 2018

SL Green makes $440M Hudson Yards play

SL Green Realty Corp. announced that it has entered into a contract to purchase a majority and controlling interest in 460 West 34th Street, in Manhattan. The transaction values the 20-story Class-A office building at a gross pu.....»»

Category: realestateSource: realestateweeklyDec 6th, 2018

Law firm moves Houston office from Galleria area to downtown"s JPMorgan Chase Tower

Husch Blackwell, a Missouri-based law firm that has offices in 18 cities across the U.S., has relocated its Houston office to the city’s tallest building. The firm officially moved into 600 Travis St., known as the JPMorgan Chase Tower, on Oct. 29,.....»»

Category: topSource: bizjournalsOct 29th, 2018

St. John"s Terminal project shifts from residential to commercial

Plans announced this week for a 1.3 million-square-foot office building on Manhattan's West Side mark a dramatic departure from what was expected when the St. John's Terminal building was rezoned in... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 3rd, 2018

Oscar to get $3.5M in state tax credits to move to new Manhattan HQ

Insurer Oscar Health has outgrown its Puck Building home and plans to move to a more spacious office on Varick Street, the company said Tuesday. The company will receive $3.5 million in... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJul 4th, 2018

Cammebyʼs opens South Brooklynʼs newest office building

Cammeby’s has officially opened its new state-of-the-art commercial and retail building in the Neptune/Sixth Destination Neighborhood in Coney Island. 626 .....»»

Category: realestateSource: realestateweeklyJun 1st, 2018

NEW DEVELOPMENTS: 30 Warren tops out, DNA launches Upper West condos

● CAPE ADVISORS Tribeca boutique tops out 30 Warren has officially topped out and reached its full height of 12 stories. The Tribeca building is the first U.S. project by the French firm Post-Office Architectes, who come from the Jean N.....»»

Category: realestateSource: realestateweeklyMay 25th, 2018

From profit to peril on Park Avenue

The office building at 390 Park Ave. has a revolving collection of pricey art in its lobby, revered architecture and a who's who of corporate and financial tenants. But its star on Manhattan's... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 8th, 2018

Vornado reaches "handshake" deal with Kushner Companies on 666 Fifth Avenue

Vornado Realty Trust has reached a "handshake" deal to sell back to Kushner Companies its stake in 666 Fifth Avenue, a financially distressed Manhattan office building......»»

Category: topSource: cnnApr 6th, 2018

Vorando reaches "handshake" deal with Kushner Companies on 666 Fifth Avenue

Vornado Realty Trust has reached a "handshake" deal to sell back to Kushner Companies its stake in 666 Fifth Avenue, a financially distressed Manhattan office building......»»

Category: topSource: moneyApr 6th, 2018

Vancouver’s new office building will be a stack of reflective boxes

Located in a re-emerging district in Vancouver along West Georgia Street, 400 West Georgia will be a 25-story, 296-foot-tall office building......»»

Category: realestateSource: bdcnetworkFeb 15th, 2019

RFR redeveloping 345 Park Avenue as 300,000 s/f showpiece building

For the first time in more than 15 years, RFR is making all 300,000 s/f of office space at 345 Park Avenue South available for lease. The 12-story building spans .....»»

Category: realestateSource: realestateweeklyFeb 14th, 2019

Honolulu office building conversion to apartments unlikely to have immediate impact on the market

Commercial real estate experts have been saying that the removal of the 462,072-square-foot building from the Class A inventory downtown would push the vacancy rate below 10 percent, from around 16 percent......»»

Category: topSource: bizjournalsFeb 13th, 2019

JLL leases 100,000 s/f for Zar Group at 1450 Broadway

JLL has completed six new transactions and three renewals, totaling 107,953 square feet, at 1450 Broadway, The Zar Group’s Class A, 400,010-square-foot office building. The building owner was represented in all nine transactions by Mitchell Konsker, vic.....»»

Category: realestateSource: realestateweeklyFeb 13th, 2019

Accordia recaps New Jersey executive center

Holliday Fenoglio Fowler arranged the recapitalization of Greenbrook Executive Center, a 203,028 s/f Class A office building .....»»

Category: realestateSource: realestateweeklyFeb 13th, 2019

Douglas Emmett to turn Honolulu office building into 500 apartments

Douglas Emmett Inc. plans to convert 1132 Bishop, a 25-story office building in Downtown Honolulu, into some 500 workforce rental apartments, removing 462,072 square feet of office space from the market. The move by Douglas Emmett (NYSE: DEI), an.....»»

Category: topSource: bizjournalsFeb 12th, 2019

8-story mixed-use building planned for downtown Durham – with 200 luxury apartments

A new mixed-use building could soon rise in downtown Durham. The owners of the Venable Center announced plans Tuesday for a project that would include 202,000 square feet of office space and 200 luxury apartments, next to the existing campus on the p.....»»

Category: topSource: bizjournalsFeb 12th, 2019

Northwestern Mutual and BOCES both want new office buildings in Colonie

Northwestern Mutual would have a building on Troy-Schenectady Road (Route 7), while Capital Region BOCES would have a building on Airline Drive......»»

Category: topSource: bizjournalsFeb 12th, 2019