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Rents hold steady as office giants stretch out

Several large leases were signed and several large blocks of space were added to the Manhattan office market in the firs.....»»

Category: realestateSource: realestateweeklyApr 11th, 2018

Europe"s Boom Reawakens the Ghost of Crisis Past: Debt

Economic optimism, ultralow interest rates and fierce banking competition have pushed private-sector lending to its highest level since the financial crisis. That would be good news if it wasn’t for the region’s already high debt......»»

Category: smallbizSource: wsjApr 9th, 2018

Honolulu office market vacancy rate rises, along with rents

The office sector lost occupied space in nearly every submarket on the island, with Downtown Honolulu being one of the positive exceptions,.....»»

Category: topSource: bizjournalsApr 5th, 2018

WeWork: Manhattan’s 2nd-biggest Private Office Tenant

Source: Recode     This is incredible growth: Eight years after opening its first co-working space in New York City’s SoHo neighborhood, fast-growing WeWork is now the second-biggest private office tenant in Manhattan. Appro.....»»

Category: blogSource: TheBigPictureMar 27th, 2018

DA Investigators Look for "Newsweek Servers" At Bible College With Ties to Magazine"s Owners

As part of an ongoing financial probe, investigators from the Manhattan DA's office executed a search warrant at Olivet University, a Christian college with ties to Newsweek magazine's owners......»»

Category: topSource: newsweekMar 17th, 2018

Knotel adds office space near Union Square, Flatiron District

Flexible office provider Knotel has added another 30,000 s/f to its Manhattan portfolio, adding additional locations near Union Square and th.....»»

Category: realestateSource: realestateweeklyMar 6th, 2018

LEASES: Zeno Group expands at 140 B’way; South African wine distributor takes space on 36th Street

NEW YORK CBRE announced the firm’s latest under-30,000 s/f office leasing transactions in Manhattan. Tenant Representation • CBRE’s Ken Rapp and Jared Freede represented Mitchell Sil.....»»

Category: realestateSource: realestateweeklyMar 1st, 2018

BMO and Cadillac-Fairview Redeveloping Sears Space

Bank of Montreal and Cadillac-Fairview Corp. are set to announce Thursday that the financial institution is taking over 350,000 square feet of space at Sears' former head office, CoStar News has lear.....»»

Category: smallbizSource: nytFeb 27th, 2018

BMO and Cadillac Redeveloping Sears Space

Bank of Montreal and Cadillac-Fairview Corp. are set to announce Thursday that the financial institution is taking over 350,000 square feet of space at Sears' old head office, CoStar News has learned. .....»»

Category: smallbizSource: nytFeb 27th, 2018

Manhattan office market posts most activity since 2014, but rents lag

The Manhattan office market had its most active leasing year since 2014, according to a report from CBRE released today. About 28 million square feet of space was leased last year. That was around... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 25th, 2018

WeWork, No Longer in a Sharing Mood, Hunts for New Tenants on Rivals" Turf

Executives of shared-office space giant WeWork Cos. have long played down competitive threats, saying that similar companies help the fledgling sector grow. But in recent months the company has changed its tune......»»

Category: smallbizSource: wsjDec 20th, 2017

Europe Markets: European stocks rally on U.S. tax-reform optimism with banks in charge

European stocks rose for the first time in four session on Monday, with banks leading the charge north on hopes the highly anticipated tax reform in the U.S. will get passed this week and provide a boon for the financial sector......»»

Category: topSource: marketwatchDec 18th, 2017

Delhi-NCR 84th most expensive office location globally

In India, the office space leasing is largely led by the service sector.....»»

Category: topSource: thehindubusinesslineDec 11th, 2017

Financial ETF hits 10-year high on tax optimism

The largest exchange-traded fund to track the financial sector rallied on Monday and was at its highest level in more than a decade as in.....»»

Category: topSource: marketwatchDec 4th, 2017

At PayPal and Venmo"s New York offices, employees enjoy as much free food as they can stomach, from Taco Tuesdays to secret stashes of candy

Sarah Jacobs/Business Insider PayPal recently expanded its Manhattan office. The online-payments system shares the space with Venmo, which it acquired in 2013. Business Insider stoppe.....»»

Category: topSource: businessinsiderNov 10th, 2017

The New York City offices of PayPal and Venmo have candy drawers, Taco Tuesdays, and a conference room so cushy that employees take off their shoes

Sarah Jacobs/Business Insider • PayPal recently expanded its Manhattan office. • The online payments system shares the space with Venmo, which it acquired in 2013. • Business Insider stopped by the office to .....»»

Category: topSource: businessinsiderNov 8th, 2017

Hedge fund leases full floor office space in 9 West 57th Street

A Manhattan hedge fund leased an entire floor of office space in the iconic Solow Building this week. D1 Capital Partners has rented 32,200 s/f on the 36th floor of the building, which is also known as 9 West 57th.....»»

Category: realestateSource: realestateweeklyNov 7th, 2017

Manhattan office landlords improve leasing activity through concessions

Manhattan office leasing is on the rise—thanks in large part to deal sweeteners offered by landlords. With big companies reducing space and new towers rising across New York, office owners are... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 27th, 2017

Under Activist Investor Pressure, Hudson"s Bay Sells Lord & Taylor Flagship Store

Hudson's Bay just sold the flagship Lord & Taylor store building in Manhattan to WeWork, and it plans to form a broader partnership with the fast-growing shared-office-space startup......»»

Category: topSource: foxnewsOct 25th, 2017

Lord & Taylor sells its flagship Manhattan store

Lord & Taylor's flagship store in Manhattan, known for its holiday displays along Fifth Avenue, is being sold to the office space sharing company WeWork......»»

Category: topSource: moneycentralOct 24th, 2017