office buildings
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Business
Blackstone boosts footprint at 345 Park Ave.
Blackstone’s imminent deal to expand by 250,000 square feet at its global headquarters, Rudin Management’s 345 Park Avenue, is a robust…
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Business
NYC plan to convert obsolete office buildings into residential units would solve dual crisis — but City Council stands in the way
New measures are in the works to solve the city’s housing and office crises — but they depend on whether…
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Business
REBNY data shows healthy office occupancy, nearing pre-pandemic levels
Never mind foreclosures and predictions of doom. The Real Estate Board of New York’s latest analysis of office building “visitations” presents…
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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,…
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Business
Park Avenue vacancy rate lower than before pandemic
It’s no secret that some Midtown office corridors are doing better than others. Even so, a new Savills survey contains…
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Business
Rudin family plans to sell Downtown’s 80 Pine St. to Brooklyn developer Bushburg
News that the Rudin family apparently plans to sell 80 Pine Street to Joseph Hoffman’s real estate company Bushburg for…
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Business
Famed MONY tower that inspired hit song sells for a lot less cash than it fetched a decade ago in troubling sign for NYC market
The Midtown office tower that inspired the 1968 hit song “Mony Mony” has sold for much less “mony” than its…
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Business
Former CBS home Black Rock nearly 90% leased after amenity-filled transformation
Twentieth Century office towers can’t survive in the Twenty-First on their historic reputations, architectural distinction or landmark status. Companies today…
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Business
Lower Manhattan office space ‘tours’ on the rise despite Downtown’s struggling properties
The Downtown office market is in even worse shape than widely reported data indicate, according to several major dealmakers. One…
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Business
Unpaid NYC property taxes to hit record $880M: ‘no consequences’
New York City officials are forecasting overdue property taxes will surge to a record $880 million in the current fiscal…
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