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With Forest City acquisition, Brookfield is the biggest show in town. http://ow.ly/Vfwy50jS01Y
Brookfield will eclipse RXR with the move, now boasting 26.1 million s/f of commercial real estate as compared to RXR’s 24.6 million s/f.
The flexible office provider continues to stuff it's portfolio. http://ow.ly/fgeu50jRUjM
Knotel, which offers flexible leases to established companies, has subleased the 8th floor at 229 West 43rd Street – the former home of The New York Times.
Still big and brash, Catsimatidis doesn't shy away from controversial topics or ambitious ideas. http://ow.ly/dR4D50jRSZl
At 70-years-old, John Catsimatidis – billionaire, businessman, former mayoral candidate, and now, a radio talk-show host – has done it all, and despite his long list of enterprises, he’s seemingly in no danger of running out of new ideas, or for that matter, commentary therein. Before a room f...
One of the city's youngest landmarked buildings might be due for an update. http://ow.ly/ijIu50jRwRx
Olayan wants to spruce up the street-level design of 550 Madison Avenue, formerly known as the Sony Building, which it purchased for $1.4 billion in 2016.
To save you the trip to Red Hook http://ow.ly/WXiH50jRtrp
IKEA president of US property Angele Robinson-Gaylord kicked off the ICSC’s New York Deal Making event Tuesday with a speech about building for the future.
But will there be enough coffee? ☕️ http://ow.ly/OHs250jRtcM
Hudson Yards will bolster its food and beverage options, adding several new cafes, restaurants, and bakeries to its growing list of retail concepts.
Cushman & Wakefield places bet on F&B and entertainment with latest acquisition. http://ow.ly/9Shn30mRrn1
"Old New York stores don’t die – they’re just reinvented" writes Compass's Adeliade Polsinelli. http://ow.ly/fsB550jQQLg
Old New York stores don’t die – they’re just reinvented. As the retail sector adjusts to a new normal, shops are being given new life in different forms.
It's another move toward consolidation in the rapidly-realigning appraisal industry. http://ow.ly/DMre50jQNPL
The purchase bolsters BBG’s Manhattan office and continues the trend of big players in the valuation space vacuuming up smaller competitors.
This is pretty cool: http://ow.ly/zNG350jPU0p
This month's round-up is a doozy. http://ow.ly/26Gv30mP0BR
New York City’s Department of Buildings has released its October 2018 enforcement report, which highlights the agency’s actions to punish bad actors.
SIR Capital Management moves east but stays in Midtown. http://ow.ly/bD8k50jPIIr
SJP Properties announced that SIR Capital Management, LP, a New York-based hedge fund, has signed a lease for 9,348 s/f to relocate its offices to 11 Times Square. SJP developed 11 Times Square and owns the building in partnership with PGIM and Norges Bank. SIR Capital is exiting its previous office...
Harlem's restaurant row gets another craft cocktail bar.
http://ow.ly/NpNT50jPIH8
Mixologist Ektoras Binikos and artist Simon Jutras will open their first-ever cocktail lounge called Sugar Monk at 2292 Frederick Douglass Boulevard.
The Midtown West development reaffirms its commitment to art and culture.
http://ow.ly/dUoA50jPIGF
Snarkitecture, an art curation group, will have a 6,000 s/f exhibit space on the second floor of the retail section inside 20 Hudson Yards.
The four chosen projects will bring more than 2,700 affordable units to Central Brooklyn. #housing #affordablehousing #brooklyn
http://ow.ly/7NSg50jPIDn
Governor Andrew Cuomo has selected four proposed projects in Central Brooklyn to receive state funding to create affordable housing.
Stay current with this week's event calendar http://ow.ly/V0SX50jPieD
Meetings, evbents and holiday parties
In Long Island City, Amazon might be a boon to retailers for a change. http://ow.ly/xqi850jP7Z7
With Amazon on the way major retail for the growing Queens neighborhood may only be a matter of time. But just where will it land?
RXR has ambitious plans for the area around the soon-to-be-revitalized Nassau Coliseum http://ow.ly/rokY50jOKHn
RXR, BSE and Nortwell will develop plans for the 225,000 sq/ft Innovation Center, to be located near the Nassau Coliseum.
SEE IT: Cantor Pecorella, Enrique Olvera and The Cheng Family celebrate the luxury tower's opening with an event at upscale Mexican restaurant Cosme http://ow.ly/92k050jOJgf
Cantor Pecorella, Enrique Olvera and The Cheng Family celebrated the opening of new luxury residential tower Celeste Gramercy at upscale Mexican restaurant, Cosme. Guests enjoyed appetizers, hand-crafted cocktails and a Casa Noble tequila tasting while learning more about the building, located at 15...
Cushman & Wakefield has seen a rush of interest in industrial assets following the zoning change. http://ow.ly/t6Ej50jOIz5
Cushman & Wakefield arranged the sale of four industrial buildings in the Bronx, has four properties in contract, and is marketing another exclusively.
The Opportunity Zones program will be a boon for developers but it also has perks for new businesses ... and that's good for real estate, too. http://ow.ly/1uTe50jODSA
Developers could earn tax breaks for fostering enterprize in their Opportunity Zone properties
When Amazon chose Long Island City to be home to half of its HQ2, it ended a year-long, nationwide and highly-publicized search process. However, it also marked the culmination of a much longer strategy http://ow.ly/Zz2n50jOCMB
Amazon choosing a borough outside Manhattan is the culmination of a long-term economic development strategy to diversify our economy.
Times Square now gets a food hall of its own.
http://ow.ly/D7Ue50jOCnJ
Savitt Partners, which owns 218 West 40th Street, is renovating the ground floor with a view to attracting an eatery eager to cash in on the areaʼs massive foot traffic and the changing demographics of its workforce.
Michael J. Campbell will take the reins at the investment bank follow the death of founder Howard Michaels earlier this year. http://ow.ly/Cc4J50jOay9
Michael J. Campbell, a partner at the Carlton Group and one of its top capital markets brokers, was promoted to the top-ranking position on Tuesday.
Farmacy Beauty changes addresses in Garment District http://ow.ly/ctTw50jJQfo
Farmacy Beauty, a naturally-derived skincare line, has signed a short-term lease at 552 Seventh Avenue, taking 2,500 s/f for four years.
See It: Photos from last week's Schack Institute event http://ow.ly/RjMj50jJQeK
Industry's movers and shakers debate where we've been, where we are and where we're headed
The protesters ambushed Ross during the conference's "Golden Apple" panel, which featured some of the city's top developers. http://ow.ly/ZxFo50jI8xA
Ross and Related are embroiled in a labor dispute with city’s construction unions over the completion of its Hudson Yards development on the Far West Side.
ABS lands a pair of wellness tenants at its Flatiron District office building http://ow.ly/YwpA50jHy3l
Silver Mirror, a facial bar, and WTHN, a health and wellness company, took spaces at ABS Real Estate Partners' 20 West 22nd Street.
See what's new to the market in this week's On the Scene round-up. http://ow.ly/wciI50jHy22
AGENTS Gansett Green Manor, located on 273 Main Street in Amagansett, a hamlet in East Hampton, has been listed for $6.9 million by Dana Forbes at Sotheby’s. For the last 50 years the manor has been operated as a hotel and wedding and event venue. Situated on the two-acre property are several hist...
The loan will go toward the redevelopment of Building 172, the last remaining adaptive use project in the Navy Yard http://ow.ly/hBLE50jHy10
The Brooklyn Navy Yard Development Corporation (BNYDC) announced the $42 million closing on financing for the redevelopment of Building 127.
The loan will help finance the development of the first Wegman's Supermarket in New York City. http://ow.ly/Llia50jHxZT
Located at the intersection of Flushing Avenue and Navy Street, Admirals Row will be a mixed-used development with the first Wegmans Supermarket in the city
He was a green building pioneer 40 years ago. Today he's still pushing the boundaries of clean energy http://ow.ly/Ihjk50jHxXW
Charles Copeland helped a group of East Village residents revive an abandoned apartment at 519 East 11th and make it into a self-sustaining structure.
Twitter will keep its nest in Chelsea http://ow.ly/HrST50jHxUN
Twitter signed a five-year extension of its lease with Columbia Property Trust at 249 West 17th Street, a boutique Class-A office property in Chelsea.
MILSTEIN: New legislature means a fresh opportunity for affordable housing #NYSAFAH http://ow.ly/ge1w50jH075
New political dynamics in Albany will have significant impacts on critical issues facing New Yorkers – particularly on affordable housing.
See what's new and what's in the works in this week's #SellingPoints roundup http://ow.ly/73D950jH03r
AMS Acquisitions, a New York City-based real estate investment firm, has purchased a 50,000 s/f Yonkers lot where it plans to building 361 apartments.
BANKS: New zoning proposals tailor-made for Garment District http://ow.ly/RaTd50jGZY3
The latest two proposals for the Garment District are the most meaningful commitments ever made by City officials to preserve the area's iconic flavor.
Brookfield reels in another major tenant at the Grace Building http://ow.ly/t4iI50jGZSl
The Trade Desk chose the space for its growing New York office to create an inspiring environment that employees will enjoy, according to Brookfield.
Take a peek at the tallest residential roofdeck in the city, courtesy of Hudson Yards http://ow.ly/9E0i50jGZQ9
Swanky new space for the city's high fliers
Real estate split over the ideal location for NYC life science hub http://ow.ly/gJa650jGYzw
The industry is bullish on creating a life science hub in New York City, but there are differing opinions on where it should go.
Building Congress tells feds NYC needs $1 trillion for infrastructure upgrades ASAP. http://ow.ly/s68v50jGS0A
In a letter to federal lawmakers, chairman Carlo Scissura asks both sides of the political spectrum to increase infrastructure spending.
It's official: Amazon is coming to Long Island City. Here's what that means for real estate in rising Queens neighborhood: http://ow.ly/jcO750jGtFc
Tech giant Amazon will build an East Coast headquarters in Long Island City, bringing 25,000 new jobs and millions of investment dollars to the area.
It's not quite East Egg but there's plenty of old money around. http://ow.ly/446750jFgJQ
Laurel Hill estate was built by the Pratts in 1930, one of several properties with neighbors with names such as Frick, Vanderbilt and Guggenheim.
No transit? No problem for this East Village rental. http://ow.ly/vBHK50jFgs8
For New Yorkers who have divorced from the subway as their main form of commute, Niko, a new development in the East Village may better suit their needs.
Cushman & Wakefield have filled six of nine floors but a large hole remains after Avon's move to Lower Manhattan. http://ow.ly/Tqbi50jFgkP
Compliance Solutions Strategies subleased 24,650 s/f from Avon in deal brokered by Cushman & Wakefield and Colliers International.
Senior housing is becoming an attractive asset for real estate investors. http://ow.ly/s9kj50jFg6I
Welltower will demolish the existing structure at 2330 Broadway at 85th Street, a two-story apartment building, to make way for the 140,000-s/f facility
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This is pretty cool: http://ow.ly/zNG350jPU0p
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