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JPMorgan, Salesforce join growing list of firms dumping office space
Remote work is hurting the commercial real estate industry in major cities, including New York and San Francisco, as more firms look to ditch their office spaces permanently......»»
What you need to know as you plan to bring employees back to the office post-Covid-19
A New York executive at commercial real estate brokerage Cresa shares his predictions for what the office space of the future will look like and what tenants need to start thinking about now as they plan their return......»»
How can you safely go back to work during a pandemic? Here’s one proposal in Congress
SL Green Realty, a major New York landlord, lowered its guidance for 2020 as it faces economic disruption from the coronavirus outbreak. The real estate investment trust said funds from operations,... To view the full story, click the title link......»»
Commercial real estate firm to distribute free bentos
York & Co., the commercial real estate firm that owns Dillingham Self-Storage, will be giving away free bentos to those who drive-through its 935 Dillingham Blvd. location on Friday starting at 11 a.m. The bento giveaway is expected to last unti.....»»
Real estate startup adds former Deputy Mayor Glen to its board
Lex Markets Corp., a startup that allows investors to make small bets on commercial real estate, has added two new board members. Alicia Glen, a former deputy mayor of New York, and Marty Edelman,... To view the full story, click the title link......»»
New York state changes course on real estate industry
Residential and commercial brokers deemed 'essential' with restrictions......»»
New York relaxes coronavirus restrictions for residential, commercial real estate industry
The residential and commercial real estate industry in New York can immediately resume some business activities during the coronavirus pandemic under new rules released by the state's economic development agency, according to a trade group. The New Y.....»»
New York dealmaker David Eyzenberg announces expansion
New York City-headquartered commercial real estate investment bank Eyzenberg & Company expanded into the southern U.S. with a new office in Florida. It is the .....»»
EXCLUSIVE: Investor buys NKY retail center for $9.7 million
A New York owner and manager of commercial real estate has acquired a shopping center in Florence for nearly $9.7 million......»»
Apollo Commercial Real Estate Finance, Inc. Reports Fourth Quarter and Full Year 2019 Financial Results
NEW YORK, Feb. 13, 2020 (GLOBE NEWSWIRE) -- Apollo Commercial Real Est.....»»
Liz Young joins New York Business Journal as reporter
Liz Young has joined the New York Business Journal as a reporter. Young will focus on covering economic development and commercial real estate in New York City. She has worked for the last five years as an editor and reporter at the Albany Busine.....»»
CRE roundup: Vacant parcels bolster $131 million in sales
Jacksonville saw 19 commercial real estate sales of at least $1 million close since Dec. 28 with sales totaling more than $131 million. Investment came from Texas, Illinois, California, New York, Florida and others. Some of the largest sales include: .....»»
Hawaii commercial real estate year in review 2019
A proposal to make Hawaii the second state in the nation to tax real estate investment trusts made headlines during the legislative session and passed on the penultimate day of voting, but was ultimately vetoed by Gov. David Ige......»»
BOMA New York Holiday Luncheon
Completing a year of producing record-setting events, the Building Owners & Managers Association of New York entertained close to 900 commercial real estate executives at the Grand Hyatt for its Annual Holiday Luncheon. Highlights include the inducti.....»»
Commercial rent stabilization bill frightens real estate industry
New York officials plan to spend up to $60 million to make sure state residents are fully counted in the 2020 Andrew M. Cuomo on Tuesday said up to $40 million from existing resources will be used to... To view the full story, click the title link......»»
City biz leaders blast commercial rent plan
The Real Estate Board of New York is rallying the city’s business leaders to fight a plan to impose commercial rent regulations on landlords. Councilmember Stephen Levin last week .....»»
Skanska reportedly selling downtown Houston"s Bank of America Tower for record price
New York-based Skanska USA Commercial Development reportedly has reached a deal to sell a majority stake in the new Bank of America Tower in downtown Houston. Realty News Report and the Houston Chronicle cite a report from Real Estate Alert that says .....»»
Facebook signs lease for office space in Hudson Yards
Facebook Inc signed a lease for over 1.5 million square feet of office space across 30 floors and three buildings in New York City's Hudson Yards, according to a statement by the luxury and commercial real estate development on Thursday......»»
Insurance startup growing at rapid clip
Jones, a New York City based commercial real estate startup, announced an additional $4.6 million venture round led by Hetz Ventures alongside JLL Spark, WeWork, MetaProp Ventures, GroundUp Ventures and 500 Startups. The company has raised $8 million .....»»
Vets tell old dogs why they should learn new tricks
A trio of commercial real estate industry veterans proved you’re never too old to learn during the New York Real Estate Expo last week. Kent Swig, president of Swig Equities, joined B6 boss Paul Massey on the panel “.....»»