Commercial real estate
-
Opinion
It’s time to leave Penn Station alone
This might make me the most ridiculed man in New York City. I’m here to celebrate Penn Station — not…
Read More » -
Stories
Manhattan DA opens probe into Adams admin’s leasing of commercial properties tied to possible bribery: report
The Manhattan District Attorney’s Office has opened an investigation into City Hall’s leasing of commercial properties tied to possible bribery,…
Read More » -
Business
Owner of 60 Wall St. makes bold bet with massive $250M revamp
The struggling Financial District’s brightest hope — and biggest challenge for its owners — is 60 Wall St., the vacant, 1.6…
Read More » -
Business
Yeshiva University enlarges Midtown footprint with Herald Center deal
Yeshiva University plans to establish a new, state-of-the-art health sciences campus inside Herald Center, sources told Realty Check. What insiders…
Read More » -
Business
Park Avenue office tower lures another tenant amid major upgrades
Park Avenue’s leasing boom shows no sign of abating. In the latest large transaction, Tradeweb Markets signed for 76,000 square feet…
Read More » -
Business
Big deal to bring Ikea to empty Midtown lot raises bigger questions
It’s major news that Sweden’s Ingka Investments, which owns most Ikea stores, formed a “strategic alliance” in Extell’s planned, one…
Read More » -
Business
Chicago to hand $150M to real estate developers to transform vacant office buildings into apartments
Chicago will grant $150 million in subsidies to real estate developers to convert unused office space in the once-vibrant downtown…
Read More » -
Business
NYC hospital-building boom on Upper East Side roils residents
The Upper East Side, once known as the Silk Stocking District, has embraced cotton scrubs — but not everyone’s thrilled…
Read More » -
Business
Fast-growing Boca Raton is luring business away from Wall Street
New York’s wobbly office market, limping from a record-high 20% vacancy rate and loss of some tenants to lower-tax South Florida,…
Read More » -
Opinion
Blame shoplifting scourge and blasé lawmakers
Vacant storefronts are both a sign and a cause of economic distress — and they’ve nearly doubled in the city…
Read More »