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The firm will buy the office component of a 36-story asset.
08/27/2025

The firm will buy the office component of a 36-story asset.

Vornado Realty Trust has entered into an agreement to purchase the office component at 623 Fifth Ave. in Manhattan for $218 million. Cohen Brothers Realty currently owns the 36-story, 382,500-square-foot building, according to Yardi Research Data.The office condominium sits above an 80,000-square-fo...

This property previously traded for $48 million eight months ago.
08/21/2025

This property previously traded for $48 million eight months ago.

Xin Capital has acquired Times Square West, a two-building, 144,500-square-foot office and retail property in Manhattan. The property changed hands for $62 million, Crain’s New York Business reported. White Oak Real Estate Capital provided a $51 million loan for the purchase.

Developed by William Macklowe Company and GreenBarn Investment Group
08/18/2025

Developed by William Macklowe Company and GreenBarn Investment Group

The William Macklowe Company and GreenBarn Investment Group have opened leasing for Paseo on Fifth, a two-building, 131-unit apartment development at 55 Paseo Place in Brooklyn’s Park Slope neighborhood.

The 14-story tower includes 216 homes
08/12/2025

The 14-story tower includes 216 homes

Slate Property Group, RiseBoro Community Partnership, and Goldman Sachs have announced the completion of a new affordable housing complex in Brownsville, Brooklyn.

The borough registered some notable rebounds across most fundamentals, according to CommercialEdge data
06/16/2025

The borough registered some notable rebounds across most fundamentals, according to CommercialEdge data

The nation’s biggest office metro regained its footing in early 2025, reclaiming top spots across several key metrics, CommercialEdge data shows. Manhattan once again posted the highest office sales prices and asking rents nationwide, while construction activity included sizable additions to the p...

CommonWealth Partners owns the architecturally distinctive building at the threshold of Hudson Yards.
06/04/2025

CommonWealth Partners owns the architecturally distinctive building at the threshold of Hudson Yards.

AI platform AlphaSense is relocating its global headquarters to Manhattan’s 441 Ninth Ave., also known as Hudson Commons. The property’s owner since late 2021 is CommonWealth Partners, of Los Angeles, according to CommercialEdge data.The announcement was a bit sparse on details, but an AlphaSens...

A renowned New York City dance company will waltz into its new space at the Paramount Building next year
06/03/2025

A renowned New York City dance company will waltz into its new space at the Paramount Building next year

The fabled Martha Graham Dance Co., which will celebrate the centennial of its founding next year, will move from its current site at the Westbeth Home of the Arts, at 55 Bethune St., to the Paramount Building at 1501 Broadway, Crain’s New York Business has reported.The new lease for 30,757 square...

The asset also attracted interest from Blackstone, Tishman Speyer, SL Green and RFR, according to reports.
05/22/2025

The asset also attracted interest from Blackstone, Tishman Speyer, SL Green and RFR, according to reports.

RXR will acquire 590 Madison Ave. for almost $1.1 billion, The Real Deal reported.State Teachers Retirement System of Ohio owns the 1 million-square-foot property in Manhattan and paid $202 million for the asset almost 30 years ago, CommercialEdge shows. The property is encumbered by a $650 million....

This is one of the borough's largest retail leases in recent years.
05/13/2025

This is one of the borough's largest retail leases in recent years.

Old Navy has leased half of JEMB Realty’s 34th & BWAY The Retail at Herald Square in Manhattan. The 55,000-square-foot commitment represents one of the largest retail deals in the borough in recent years and the most significant one this year.Old Navy will relocate from 150 W. 34th St. and plans t...

The luxury fashion brand has occupied this building's storefront since 2010
05/02/2025

The luxury fashion brand has occupied this building's storefront since 2010

Ralph Lauren has acquired its longtime SoHo retail space at 109 Prince St. for $132 million, according to public records. The luxury fashion brand purchased the property from Swiss investor Jean-Pierre Lehmann.The transaction includes two commercial condominium units totaling 9,909 square feet: a 4,...

The tenant occupies two full floors at the 55-story high-rise
04/18/2025

The tenant occupies two full floors at the 55-story high-rise

Empire State Realty Trust has signed a 77,382-square-foot renewal at One Grand Central Place, its 1.3 million-square-foot office tower in Manhattan’s Murray Hill submarket.Financial and information services consulting company Gerson Lehrman Group Inc. occupies two full floors at the high-rise, whe...

Three firms leased more than 40,000 square feet at this trophy office building
04/11/2025

Three firms leased more than 40,000 square feet at this trophy office building

Soloviev Group has signed three new long-term leases at its flagship property at 9 W. 57th St. in Manhattan, where asking rent is above $200 per square foot.Platinum Equity Advisors LLC, Hess Group LLC and Beaconlight Capital LLC cumulatively leased 40,728 square feet of trophy office space at the M...

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