NEW YORK CITY-In a game changer for the Long Island City market, Tishman Speyer’s 22-story, 670,000-square-foot tower is now in the hands of the Toronto-based REIT.
PITTSBURGH, PA-HFF’s senior managing director Mark Popovich tells GlobeSt.com that healthcare company Highmark occupies 95% of the class A building, making it a “unique and strong asset.”
NEW YORK CITY-The law firm has completed three major real estate financings for Extell’s One57 project, Minskoff’s 51 Astor Place and Sofitel’s New York hotel on West 44th St. all in a week’s work.
NEW YORK CITY-The REIT is dumping four mixed-use sites in New York for $78 million, while San Francisco-based Shorenstein Properties LLC will purchase 1.2 million-square-foot class A Chicago office tower for $290 million.
NEW YORK CITY-New York and its outer-ring suburbs continue to show high job growth and low vacancies, according to the Urban Land Institute's 2012 "Emerging Trends in Real Estate" report. ULI will present the results on Nov. 3 at the Bar Association of New York City.
NEW YORK CITY- Sherwood Equities’ Jeffrey Katz and C&W’s Bruce Mosler tell GlobeSt.com’s Jacqueline Hlavenka that development west of Ninth Avenue is heating up.
NEW YORK CITY-A spokesperson for the investment bank tells GlobeSt.com that Credit Suisse is downscaling its offerings of securitized products, but it will continue its secondary market trading operations.
NEW YORK CITY-The city’s professed “coolest borough” is evolving into a hub for arts, culture and technology, panelists discussed at the Brooklyn Historical Society’s annual Real Estate Roundtable luncheon.
HOBOKEN-Just steps away from the Hoboken PATH station, Office Depot will take 5,816 square feet at 59 Washington St. by year end, Newmark Knight Frank’s managing director Justin Stein tells GlobeSt.com.
NEW YORK CITY-The public and private sector veteran tells GlobeSt.com's Jacqueline Hlavenka that she will teach courses on construction management, infrastructure and urban development.