New York
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....How New York’s New Law Impacts Projects
In the realm of construction, retainage refers to a portion of funds withheld from payments to contractors and subcontractors until the completion of the work. It serves as a tool […]
Read More....Naftali Group Files Permits for 21-Story Complex in Brooklyn
Plans have been submitted for a 21-story tower situated at 1 Division Avenue in Williamsburg, Brooklyn. Positioned between the waterfront and Kent Avenue, the site is in close proximity to […]
Read More....New York Stadium Set for Renovation
Backed by supporters and alumni of the U.S. Military Academy in West Point, New York, funding has been secured for a substantial $145 million overhaul of the Army Black Knights’ […]
Read More....New York Metro: 2023 Year in Review
As we reflect on the New York Metro’s 2023 journey in both retail and office sectors, it’s clear that challenges persist but so do opportunities. While the office market declined […]
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