Author name: Rob Sattler

Articles of the week ending June 19th American Express to break ground on tower next month at Two World Trade Center​ By Steve Cuozzo, NEWYORK POST​ American Express will break ground on its new tower at Two World Trade Center on July 9, marking a major milestone in the long effort to complete the redevelopment […]

Articles of the week ending June 12th How AI Startups Are Rewriting Office Leasing in SF and NYC​ By Elizabeth Cryan, The Real Deal​ AI companies are rapidly becoming one of the most influential office tenant groups in New York and San Francisco, leasing space at unprecedented speed, demanding flexibility for explosive growth, and driving

Articles of the week ending June 5th BHI Lends $170M on Third Avenue Office-to-Resi Conversion​ By Andrew Coen, Commercial Observer​ MetroLoft and Quantum Pacific Realty secured a $169.5 million construction loan from BHI to convert 767 Third Avenue in Midtown East from an office building into a 337-unit residential property with retail space and extensive

Articles of the week ending May 29th $300 a Square Foot for a Manhattan Office Is Losing Its Shock Value​ By Larry Getlen, Commercial Observer​ Manhattan’s top tier office market is rapidly redefining record rents, with $300+ per square foot leases becoming more common for ultra-premium, small footprint spaces in elite buildings like 9 West

Articles of the week ending May 22nd 25 Kent Offers Companies A Cutting-Edge Office Experience Along The Williamsburg Waterfront​ By 25 Kent, Commercial Observer​ 25 Kent is positioning itself as a premier Williamsburg waterfront office hub for AI, tech, and creative companies by combining flexible Class A space, luxury amenities, neighborhood lifestyle appeal, and major

Articles of the week ending May 15th Gary Barnett Buys Park Avenue Dev Site For $500M​ By Elizabeth Cryan & Rich Bockmann, The Real Deal​ Gary Barnett’s Extell closed a $500 million Park Avenue assemblage plus $20 million in air rights, securing a major Midtown development site for what could become one of New York’s

Articles of the week ending May 8th Colliers report finds two 100K+ office leases drove activity in April​ By Julian Nazar, Crain’s New York Business​ Manhattan’s office market stayed strong in April with 3.6 million square feet leased, led by two major deals from Cleary Gottlieb and Tennr, while availability continued to decline as demand

Articles of the week ending May 1st AI Giant Anthropic Near Deal to Lease All of 330 Hudson Street​ By Lois Weiss, Commercial Observer​ Anthropic is close to leasing the entire 330 Hudson Street building in Manhattan, signaling a major expansion of its New York City presence as part of its rapid national growth strategy.

Articles of the week ending April 24th Apollo Global Management Platform Company Inks 50K-SF Lease at 590 Madison Avenue​ By Amanda Schiavo, Commercial Observer​ Apollo Global Management is consolidating its New York City offices by leasing nearly 50000 square feet at 590 Madison Avenue expanding its footprint within the RXR owned tower Law Firm McDermott

Articles of the week ending April 17th Busy at the airport_ WeWork wants you to pop into a pod​ By Andria Cheng, CoStar News​ WeWork is launching WeWork Go, compact office pods in airports and busy venues to meet growing demand for private, on the go workspaces in a hybrid work era. Rithm Capital To