New York

The global advertising, marketing and corporate communications giant is staying in downtown Hudson Square.

A roundup of recent deals, leases, executive moves, and other news from the past week.

The New York City Council has passed a new bill raising the rent threshold for commercial rent taxes.

The rezoning brings $178.2 million in investments to the area but community activists fear long-term, lower income residents will be displaced.

To help pay for the massive transit improvements, the RPA recommends imposing tolls on the four East River bridges, charging tolls on all major roads (including interstate-designated highways) and ultimately instituting vehicles miles traveled or miles-based user fees.

Avison Young's Jedd Nero says retail is ending stale brick-and-mortar operations, enthusiastically embracing restaurants and technology.

Greenpoint Manufacturing and Design Center will redevelop the property to house multiple manufacturing businesses.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.