Author name: Rob Sattler

Articles of the week ending March 20th No Vacancy  Park Avenue Fills Up As Office Tenants Snag Every Square Foot​ By Elizabeth Cryan, The Real Deal​ Park Avenue’s office market is nearly full as financial firms rapidly lease limited space, driving vacancy to historic lows and pushing tenants to seek alternatives nearby. Jeff Gural’s GFP […]

Articles of the week ending March 13th WeWork Announces New 37K-SF Location at 511 Fifth Avenue​ By  Mark Hallum, Commercial Observer​ WeWork signed a 37,000 square foot office lease across four floors at 511 Fifth Avenue in Midtown Manhattan, marking its third new New York City location since emerging from Chapter 11 bankruptcy in 2024.

Articles of the week ending March 6th Snowflake’s 83K Midtown office lease a rare bright spot for office market in February​ By Julian Nazar, Crain’s New York Business​ Manhattan office leasing slowed sharply in February 2026, with only 2.2 million square feet leased, though notable deals included Snowflake taking 83,000 square feet at 7 Times

Articles of the week ending February 27th Wells Fargo Refinances Global Holdings’ 1250 Broadway With $450M CMBS Loan​ By Andrew Coen, Commercial Observer​ Wells Fargo provided a $450 million three year CMBS loan to refinance Global Holdings’ 39 story NoMad Tower at 1250 Broadway in Manhattan, with the deal arranged by Eastdil Secured. The Five

Articles of the week ending February 20th Vanbarton’s Joey Chilelli Sees the Residential Potential in Your Office Building​ By Amanda Schiavo, Commercial Observer​ Joey Chilelli of Vanbarton Group is leading major office to residential conversions across Lower Manhattan including 180 Water Street, 160 Water Street, and 77 Water Street as part of the firm’s long

Articles of the week ending February 13th Vornado Reports Flat Q4 Earnings But ‘Robust’ Leasing Demand​ By Amanda Schiavo, Commercial Observer​ Vornado reported slightly lower fourth quarter earnings but beat revenue expectations and highlighted strong leasing demand in Manhattan, expressing confidence that New York is entering a prolonged landlord favorable market. NYC Top Office Leases

Articles of the week ending February 6th US International Development Finance Corp. heads to Wall Street​ By Loukia Gyftopoulou and Joe Deaux, Crain’s New York Business​ The U.S. International Development Finance Corp. is opening its first New York City office at 100 Pearl Street to expand private sector talent and dealmaking after its lending capacity

Articles of the week ending January 30th Brooklyn’s Office Market Is Mirroring Trends in Manhattan​ By Mark Hallum, Commercial Observer ​ Brooklyn’s office market is rebounding by leasing smaller flexible spaces to tech and local tenants in newer Class A buildings, mirroring Manhattan trends but with more available inventory and a stronger focus on diversified

Articles of the week ending January 23rd Blackstone Acquires 113 Spring Street for $45M​ By Cathy Cunningham, Commercial Observer ​ Blackstone bought the SoHo retail and office building at 113 Spring Street from Morgan Stanley for $45M in cash, reinforcing its bet on prime street retail with Chanel generating about 70% of the property’s revenue.

Articles of the week ending January 16th City’s commercial property values show year over year gains​ By Martin Z. Braun, Crain’s New York Business ​ New York City’s commercial property values are rising year over year, driven by stronger demand for trophy offices and higher-quality assets, signaling continued recovery and resilience across the commercial real