Author name: Rob Sattler

Articles of the week ending September 18th Tishman Speyer Selling 148 Lafayette Street To Shorenstein​ By Rich Bockmann, The Real Deal​ Tishman Speyer is selling 148 Lafayette Street in SoHo to Shorenstein Properties for approximately $135 million, a 30% gain from its $105.5 million purchase 16 months earlier, after expanding General Catalyst and leasing two

Articles of the week ending September 11th 25 Years After the Sept. 11 Attacks, Lower Manhattan Is Thriving​ By Peter Grant, The Wall Street Journal​ Lower Manhattan has made a remarkable comeback 25 years after 9/11, with a tripled residential population, diversified businesses, major investments, and improved amenities transforming the Financial District into a vibrant

Articles of the week ending September 4th Colliers report finds that Manhattan’s office market supply is tightest since 2020 ​ By Julian Nazar, Crain’s New York Business​ Manhattan office availability fell below 12% in August for the first time in over four years, with supply reaching its lowest level since September 2020.​ Homogenization of the

Articles of the week ending August 21st ANV Group Holdings leases full floor of space at AmTrustRe’s 59 Maiden Ln. ​ By Julian Nazar, Crain’s New York Business​ 59 Maiden Lane has reached 100% occupancy after ANV Group Holdings signed a 14,800-SF full-floor lease, highlighting strong leasing momentum in Lower Manhattan.​ CMBS Loan Backed by

Articles of the week ending August 14th Ari Emanuel Invests In Broadway’s Next Act With $6B Theater Buy​ By Sasha Jones, Bisnow​ Ari Emanuel’s Mari plans to acquire ATG Entertainment for an estimated $6B, expanding his presence in Broadway and global live entertainment.​ Comcast Advertising Signs 140K-SF Lease at 1540 Broadway​ By Mark Hallum, Commercial

Articles of the week ending August 7th Snap subleases more than 198,000 square feet at Penn 2​ By Gregory Zuckerman, Crain’s New York Business​ Snap Inc. signed a 198,900 square foot sublease at Vornado Realty Trust’s Penn 2, making it one of Manhattan’s largest office leases in July and adding to the building’s roster of

Articles of the week ending July 31st 60 Guilders, Sentry Realty Snap Up 1441 Broadway for $240M​ By Cathy Cunningham, Commercial Observer​ 60 Guilders and Sentry Realty acquired the 550000 square foot office tower at 1441 Broadway for approximately $240 million and plan to upgrade the nearly 90 percent leased property by improving the building,

Articles of the week ending July 24th AI Company Mercor Takes 26K SF at Durst’s One World Trade Center​ By Amanda Schiavo, Commercial Observer​ Mercor, an AI company, signed a five year lease for 25,550 square feet at One World Trade Center, bringing the building to nearly 100 percent occupancy and reinforcing strong demand from

Articles of the week ending July 17th Brookfield in Talks to Replace Hines in $3.5B Hudson Square Properties JV_ Updated ​ By Emily Davis, Commercial Observer​ Takeaway: Brookfield is in exclusive talks to acquire a 10% stake and become the long-term operating partner of the $3.5 billion, 13-property Hudson Square Properties joint venture, replacing Hines

Articles of the week ending July 10th Anchorage Capital Advisors Takes 21K SF at 125 West 57th Street​ By Amanda Schiavo, Commercial Observer​ Anchorage Capital Advisors signed a 10-year lease for 20,560 square feet at 125 West 57th Street, moving from its current 610 Broadway location to occupy the 18th and 19th floors of the