Construction Real Estate

SL Green Tops Off 185 Broadway in Lower Manhattan

NEW YORK — Developer SL Green Realty announced the topping off of 185 Broadway, a 34-story, mixed-use building in Lower Manhattan. The milestone moment for the ground-up development comes on schedule and under budget, despite the challenges this year from the COVID-19 pandemic. Once completed, the property (See Artist Rendition Above) will be the area’s […]

Real Estate

Ryan Serhant Launches Own Real Estate Brokerage

NEW YORK — Ryan Serhant, one of NY’s top real estate agents and a star on Bravo’s Million Dollar Listing New York reality show, is launching his own brokerage SERHANT. According to Real Trends, Serhant was the No. 1 broker in the NYC area in 2019 and ranked third nationwide with $721.9 million in sales volume. Since […]

Real Estate

SL Green Refinances $600 Million Construction Loan

NEW YORK — SL Green Realty Corp., Manhattan’s largest office landlord, has closed on a new $600 million construction loan for 410 Tenth Avenue, the Company’s 636,000 square foot Manhattan office redevelopment anchored by Amazon and First Republic Bank. The building was previously known as 460 West 34th Street (photo above). SL Green purchased a majority […]

Offices Real Estate

Amazon to Create 2,000 Jobs in NYC

Amazon, one of the world’s top Internet companies, announced plans to create 2,000 jobs at the Lord & Taylor building on Fifth Avenue. Amazon acquired the building this year from WeWork, which was the former flagship store of the Lord & Taylor department store chain. The company plans to open a new 630,000 square foot […]

Offices Real Estate

AIG to Move Headquarters to Midtown Manhattan

NEW YORK — The insurance company American International Group (AIG) announced plans to relocate its headquarters in New York City from 175 Water St. in lower Manhattan to 1271 Avenue of the Americas (photo above) in Midtown, where it will occupy 8 floors and 325,000 square feet. The Company will also consolidate its remaining New […]

Funding Real Estate

Doorkee Rental Platform Reels in $5.7 Million

NEW YORK — Doorkee, which operates an all-in-one digital platform in NY for  landlords and tenants, has raised $5.7 million in early-stage funding. The seed round was led by New York City landlord Simon Baron Development and early-stage venture capital firms Corigin Ventures and Alpha Edison. Investors in the round also included landlords Stonehenge NYC and Bushburg Properties. Co-founders John Fagan, […]

Real Estate

SL Green to Build New Tower at 126-132 Nassau Street

NEW YORK — SL Green Realty Corp. announced that it has entered into a 99-year ground lease of 126-132 Nassau Street, located at the corner of Nassau and Beekman Streets in downtown Manhattan. SL Green plans to develop a new 215,000-square-foot building on the site and has secured an unamed user for a long term […]

Offices Real Estate

Concord Music Signs Lease at 250 W. 57th St.

NEW YORK– Empire State Realty Trust, Inc. (ESRT) announced that Concord Music Group, Inc. — a leader in the development, management, and acquisition of sound recordings, music publishing, and theatrical performance rights — has signed a long-term lease for 46,329 square feet of office space at its building on 250 West 57th Street in midtown […]

Offices Real Estate

Facebook Signs for 1.5 Million Square Feet at Hudson Yards

Facebook, which operates the world’s largest social network, has signed a mega lease with Related Companies and Oxford Properties for over 1.5 million square feet of office space at its sprawling Hudson Yards complex on the East Side of Manhattan. The leasing deal is one of the largest ever for Manhattan offfice space and covers […]

Offices Real Estate

LinkedIn Expands for Eighth Time at Empire State Building

NEW YORK – Empire State Realty Trust announced that business networking site LinkedIn has signed its eighth expansion lease at the Empire State Building, adding three and a half floors and 188,653 square feet to its current campus. Since 2011, LinkedIn has grown to 501,600 square feet in total at the Empire State Building. The […]