office buildings
NYC developer plans to build 28-story office tower in trendy Manhattan neighborhood
Taconic Partners and its investment partner Nuveen Real Estate plan to build One Grand, a tower to rise at the corner of Grand and Varick streets where Soho, Hudson Square...
Sixth Avenue reclaims title as Midtown’s No. 1 office-leasing corridor
Sixth Avenue has reclaimed its title as Midtown’s No. 1 office-leasing corridor, as measured by the least percentage of vacant space -- the latest lead change in the never-ending bragging-rights battle...
Google's newest office for AI designers has everything — except decent Wi-Fi
"You’d think the world’s leading internet company would have worked this out," one AI engineer said.
Iconic Nine West tower continues leasing surge under Stefan Soloviev
The 50-story skyscraper with over 1.6 million square feet behind its famous sloping facade inched closer to 100% occupancy with a newly signed lease with French global asset management firm...
The NY Times uses discredited data to pretend people aren't returning to NYC offices
The New York Times article by Emma G. Fitzsimmons and Jeffrey C. Mays, of the Bill de Blasio “tale of two cities” stripe, claim not all New Yorkers benefit equally...
Boston Properties wrapping up $100M revamp of 360 Park Avenue South featuring new roof deck, amenities center
No, the world isn’t ending — and neither is 360 Park Avenue South, the prewar office tower at East 26th Street where Boston Properties is wrapping up a more than...
Manhattan office market rebounds faster than rival cities as demand surges 40%
A report found that demand for space in the Big Apple rose nearly 40% in 2023 over the previous year -- lifting demand to 75% of pre-pandemic times.
NYC's return-to-office trend gains steam, hits nearly 70% of pre-pandemic level
The return-to-office trend gained steam in December when average visitation rates at 350 Manhattan buildings rose to 67% of 2019 rates, according to the Real Estate Board of New York....
A record number of office buildings will be converted into apartments in 2024 -- here's how many
Across America, and as the hybrid work model takes hold after COVID-19, aging office structures will give way to apartments in unprecedented sums.
More than 45 NYC office buildings are slated to become apartments
It has long been on Mayor Eric Adams’ agenda to convert New York’s derelict office buildings into much-needed housing -- and now, four will yield 2,100 units.
Blackstone's defaulted NYC office tower loan up for sale at a 50% discount
Blackstone defaulted on the $308 million mortgage on its Manhattan office tower more than a year ago -- and the debt is now up for sale again at a more...
Real estate surveys indicate Manhattan's office market is far from dead
Separate reports by major brokerages CBRE and JLL show that the Manhattan office market is far from dead -- or even stagnant. The surveys illustrate the extent to which the...
Law firms switch headquarters along popular Midtown corridor
Another major law firm lease just got signed on midtown Sixth Avenue that’s good news for Vornado Realty Trust and a rare, narrow ray of light for the embattled Trump...
NYC developer banks on big-name restaurants to feed office building empire
During its annual investment call, SL Green served up unreported, tasty bits about its investment in the city’s culinary scene.
Kastle's flawed back-to-work barometer continues to fall short of REBNY data
It’s time for the “doom loop��-loving media to stop basing office occupancy stories on the deeply flawed Kastle Systems Back-to-Work Barometer. The latest survey by the Real Estate Board of New...
SL Green boosts portfolio with key deals at Park Ave. office towers
SL Green CEO Marc Holliday should have plenty to crow about on the leasing front at Monday's annual investor conference call. In a just-signed, 270,000 square-foot mega-deal, sources told us,...
Chrysler Building's European co-owner files for bankruptcy: 'Rude awakening for investors'
Controlled by Austrian magnate Rene Benko, Signa's bankruptcy is set to send ripples across the continent's embattled property sector.
Mexico's Costeño Group opening first US restaurant at Time-Life Building
The empire’s Mexico City flagship was the first restaurant in that country to earn a coveted Six-Star Diamond award.
REBNY reports office building visitations up as it switches to monthly reports
The September numbers for 350 Manhattan buildings show visitation increased to 66% of pre-pandemic levels, according to REBNY.
Property mogul's downfall 'grounds' Chrysler Building lease talks
Aby Rosen's RFR had been making progress on stalled talks to restructure the Chrysler Building's long-term ground lease but now needs to find a new partner.