Author name: Rob Sattler

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

Articles of the week ending June 26th BERS inks 78K sf lease at 55 Water in FiDi​ By TRD Staff, The Real Deal​ BERS signed a 30 year, 78,000 square foot lease at 55 Water Street, expanding its existing office space and reinforcing the building’s strong leasing momentum in Manhattan’s Financial District. Madison Realty Capital

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