Midtown tower with famed lineage sells for first time in eight decades
An office building once owned by John Jay Astor has sold for the first time in 82 years. Jay Properties ...
Tag: Real Estate
Aging NYC office building shows how to succeed despite trend toward shiny new towers
Let’s say you own a 60-year-old, near-900,000 square-foot Midtown office building. Demand for space in Midcentury buildings is weak. A half-billion-dollar ...
Century-old NYC office building signs two deals to buck trend toward newer towers
While some older buildings atrophy, others thrive. Two new deals totaling 104,000 square feet have brought George Comfort & Sons’ ...
StubHub expands footprint at WTC, scoops up shrinking Spotify’s space
Spotify needed less space at the World Trade Center, but StubHub needed more. In a deal that should make everyone ...
Whole Foods to beef up NYC footprint with new outpost in East Village
Whole Foods signed a lease for a new store in the East Village in a space that has been empty ...
Staple Pigeon streetwear launches first US store in Soho
Streetwear clothing brand Staple Pigeon is launching its first permanent US store at 21 Mercer St. in Soho. The tenant was ...
Salesforce reportedly orders staff to return to office ‘four to five days a week’
The thronged Bryant Park area will soon be even more thronged. Salesforce, the powerhouse software company that’s the largest tenant ...
NYC developer gets nearly $1B loan for residential towers overlooking Hudson River
As foundation work proceeds on two dramatically styled downtown apartment towers, the high-profile riverfront project just landed the cash foundation ...
NYC’s MetLife Building picks major firm to run iconic tower in surprise twist
The MetLife Building, a crown jewel asset of the Grand Central-East Midtown office district, is putting all its assets under ...
NYC workers continue to return to office as building ‘visitations’ move closer to pre-pandemic levels
The return-to-office trend continues apace. Manhattan office “visitations” in May were 74% of 2019 levels, compared with 70% in May ...
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