Manhattan Commercial Real Estate
Real Estate’s Biggest Turnover in 20 Years
The commercial real estate sector, known for its dynamic players, has seen significant movement among industry leaders in brokering (leasing and sales), management (including top executives), and lending, largely influenced […]
Read More....10 Most Inventive and Inspiring CRE Projects
LoopNet’s readers continued to be captivated by adaptive reuse projects in the past year. Innovative endeavors demonstrated how tenants and owners could unlock potential in unconventional spaces, leading to creative […]
Read More....Whole Food is Trying Small Format Stores
Whole Foods Market, seeking expansion in urban areas, is set to join the trend of retailers opening small-format stores nationwide. The Austin, Texas-based grocery chain, owned by Amazon, revealed plans […]
Read More....New York Building Sales Come Together
One individual is forging a path through the challenging landscape of today’s investment sales market, inspiring other commercial landlords to follow suit. Wharton Properties’ Jeff Sutton has recently achieved extraordinary […]
Read More....City Planning Commission Forwards Commercial Zoning Adjustments to City Council
The City Planning Commission has approved the Adams administration’s comprehensive commercial zoning reforms, named City of Yes for Economic Opportunity, advancing it to the New York City Council. The reforms, […]
Read More....New Rules for Office Dress Code
As companies recall employees to the office, many are adopting a more relaxed dress code in exchange for the return commute, according to Andy Medici of The Playbook. A survey […]
Read More....Real Estate Giant Settles Class-Action Commission Lawsuits
Keller Williams Realty has reached a $70 million settlement in nationwide class-action lawsuits, alleging that the National Association of Realtors’ “participation rule” and “cooperative compensation” practices unfairly raised home sellers’ […]
Read More....Office Leasing Activity Increases But Remains Well Below Pre-Covid-19 Levels
Office leasing activity has shown signs of improvement in recent months, although it remains below pre-pandemic levels. According to VTS Inc., a commercial real estate leasing and asset-management platform, the […]
Read More....Goldman Sachs Further Backs New York Office-to-Residential Conversion
Goldman Sachs to Originate $395 Million Loan for Refinancing of 70 Pine St., a Former New York Office Property Converted to Residential Use Goldman Sachs is set to originate a […]
Read More....Port Authority Bus Terminal Redevelopment: Adding Office and Retail Space
Port Authority Bus Terminal Redevelopment to Include Two Office Towers and Retail Space. During a Thursday press conference, the Port Authority of New York and New Jersey unveiled plans for […]
Read More....NYC’s Office Return Surges, Reaching 70% of Pre-Pandemic Levels
In December, the resurgence of the return-to-office trend saw average visitation rates at 350 Manhattan buildings climb to 67% of 2019 levels, as reported by the Real Estate Board of […]
Read More....Gucci Parent Kering Buys Fifth Avenue Retail Property in Manhattan
French luxury conglomerate Kering, renowned for its high-end brands such as Gucci and Balenciaga, has invested $963 million in acquiring a retail property on Manhattan’s prestigious Fifth Avenue. This purchase […]
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