Author name: Rob Sattler

Articles of the week ending December 12th SL Green Buys Out 800 Third Avenue Partner​ By Rich Bockman, The Real Deal​ SL Green bought out Joseph P Day’s 39.5 percent stake to take full ownership of the 800 Third Avenue tower in a deal valuing the property at 190 million dollars and extended its 177 […]

Articles of the week ending December 5th ESRT Acquires 555-557 Broadway From Scholastic for $386M – Commercial Observer​ By Mark Hallum, COMMERCIAL OBSERVER​ ESRT purchased Scholastic’s 555–557 Broadway for $386 million and aims to boost value by leasing the building’s three vacant floors. Moody’s in Talks to Consolidate Into 400K SF at Brookfield Place –

Articles of the week ending November 26th World’s Largest Warehouse Owner Scouting Sites Along ‘Blue Highways’​ By Noah Zucker, Bisnow​ The key takeaway: New York City’s Blue Highways Initiative aims to shift freight from trucks to boats to reduce congestion and pollution, with major players like Prologis investing in waterfront industrial sites to scale short-sea

Articles of the week ending November 21st Mitsui Fudosan Signs Three Deals for 200K SF at 1251 Avenue of the Americas – Commercial Observer​ By Mark Hallum, COMMERCIAL OBSERVER​ Mitsui Fudosan America completed nearly 200000 square feet of leasing at 1251 Avenue of the Americas through major renewals and expansions by TCW Group, McGuireWoods, and

Articles of the week ending November 18th Fintech Firm Robinhood, Dick’s Sporting Goods Each Take 125K SF at Penn 2 – Commercial Observer​ By ISABELLE DURSO, Commercial Observer​ Robinhood and Dick’s Sporting Goods each signed 125000 square foot office leases at Vornado’s Penn 2 tower marking major new deals that boost the building’s occupancy toward

Articles of the week ending November 7th Rising Costs, Shifting Market Have Office Landlords Tightening The Purse Strings On TI​ By Patrick Sisson, Bisnow​ Office tenant improvement (TI) allowances, which surged over the past decade, are now flattening as rising construction costs and cautious landlords shift strategies, favoring longer leases, reduced concessions, and selective spending

Articles of the week ending October 31st News _ How would New York real estate look with Mayor Mamdani_ These cities may offer clues_​ By Ryan Ori, Brannon Boswell, Jonathan Lehrfeld, Andria Cheng, CoStar News​ New York’s real estate industry fears major disruption under expected Mayor Zohran Mamdani’s progressive agenda, but experiences in cities like