NEW YORK CITY-Mayor Michael Bloomberg said during a press conference this afternoon that all construction will halt as of 5 p.m. Saturday as a safety precaution.
NEW YORK CITY-Lisa Kiell, managing director at Jones Lang LaSalle, tells GlobeSt.com’s Jacqueline Hlavenka that the company is consolidating from its two Midtown South offices to 350 Hudson Street.
NEW YORK CITY-The real estate fund managers highlighted several key challenges for them to get a new fund to its first close, 52% responded that investors required greater due diligence before committing to the fund.
NEW YORK CITY-The Manhattan office REIT signed a new 38,026-square-foot, 11-year deal for specialized staffing firm Robert Half International Inc. at 125 Park Ave., and arranged a deal for Young & Rubicam to take more space at 3 Columbus Circle.
NEW YORK CITY-The company has signed a deal for the hotel at 52nd St. and 3rd Ave., and has provided financing for the developer, McSam Hotel Group, to finish it, GlobeSt.com's Jacqueline Hlavenka has learned.
BOSTON-The office REIT faced a slight decline from the previous quarter, but the company is “continuing to slug it out and do leases,” president Douglas Linde said during an earnings call on Wednesday morning.
NEW YORK CITY-The company sold a stake in the first mortgage and mezzanine loan on 701 Seventh Ave., where a major property development will take place.
NEW YORK CITY-According to unnamed sources in the Wall Street Journal and Bloomberg, the developer responsible for the transformation of the Far West Side has tentative commitments for loans for its 1.7 million-square-foot tower here.