Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
In what may be a trend of the future, the Chun family is developing a 26-story, 385-foot high hotel, using a modular construction method to save time and money.
For Manhattan offices overall average rent and leasing activity were up, with a decline in availabilities for April 2019, according to the Colliers International Market Snapshot Report.
Liberty announced its first quarter financial results on April 30 and noted that subsequent to quarter-end it had sold three office properties totaling approximately 74,000 square feet and 18 acres of land in Malvern, PA for $10.2 million.
According to the Bureau of Labor Statistics, more than 1,000 construction workers died on the job in 2017, down slightly from the previously recorded year.
The facility at 433 Murray Hill Parkway will help fulfill the increase in demand from existing customers and provide global connectivity from the strategic location close to New York City.
The Amazon-owned organic grocer will open a 47,542-square-foot retail location in Downtown Jersey City and signed a 47,398-square-foot office lease for its new Northeast Headquarters at Mack-Cali's Harborside development
Wafra Group is also a partner in the deal trading at the stratospheric dollar amounts that are becoming signature transactions for Cushman & Wakefield's top brokers.