New York

Venture capital investment in proptech is only just beginning, according to industry insiders at the MIPIM PropTech New York event.

The Art Deco Midtown Manhattan office recently rented out 72,000 square feet.

The new service follows the recent addition of Studio, co-working offices, to the Tishman Speyer portfolio. Studio Private will initially be rolled out in New York City with locations to be added later throughout its global portfolio.

Chief among them, the company has decided to split its headquarters into two locations and Long Island City is also in the running.

The non-profit agreed to a 30-year term at 220 E. 42nd St.

In an EXCLUSIVE GlobeSt.com interview, the CEO of CapStack Partners previews the RealShare New York Nov. 13 conference pointing out alternative lenders are not disappearing.

In the past 10 years, FIRE's market share of occupancy in Lower Manhattan has fallen from 55% in 2008 to a little over 35% today, according to the third quarter Lower Manhattan Real Estate Report released today by the Alliance for Downtown New York.

Hotel room inventory in Lower Manhattan is expected to increase 27% in the next few years and if all projects in the pipeline move on to development, the hotel inventory in Lower Manhattan will reach 9,019 rooms in 45 hotels by 2020.