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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

Articles of the week ending January 9th News _ Manhattan office rebound reaches ‘watershed’ moment​ By Andria Cheng, CoStar News​ Manhattan’s office market hit a recovery “watershed” in 2025, with leasing reaching its strongest level since 2019, driven by a flight to high-quality Class A space, rising rents, and tightening availability. 2025 Was an ‘Impressive

Articles of the week ending December 26th Moody’s Inks 460K-SF Brookfield Place Lease – Commercial Observer​ By Amanda Schiavo, COMMERCIAL OBSERVER​ Moody’s will downsize its New York footprint by relocating from 7 World Trade Center to a 460,000 square foot lease at 200 Liberty Street at Brookfield Place in 2027, reinforcing its long term commitment

Articles of the week ending December 19th Universities Seek NYC Real Estate In Effort To Keep Their Relevance​ By Ciara Long, Bisnow​ Universities are expanding into New York City real estate to stay relevant as AI and a weaker job market erode the value of traditional degrees, using proximity to employers and experiential learning to

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