Real Estate

Developer SL Green Inks 393,000 Square Feet of New Leases

NEW YORK — Developer SL Green Realty Corp. announced that it has signed 393,056 square feet of Manhattan office leases to-date during the fourth quarter of 2020. This bring the total volume of Manhattan office leases signed year-to-date to 1,176,681 square feet. Leases expected to be signed before the end of the year will result […]

Offices Real Estate

Swedbank Signs Lease for Office at Empire State Building

NEW YORK — Empire State Realty Trust (ESRT) announced that Swedbank, a Stockholm, Sweden- based banking group, has signed a 7,905 sq ft. lease on the 45th floor at the Empire State Building. ESRT owns and manages the Empire State Building, one of NY’s best known buildings located at 34th Street and Fifth Avenue in Manhattan. “We […]

Offices Real Estate

SL Green Sells 410 Tenth Avenue for $952.5 Million

NEW YORK — Developer SL Green Realty Corp announced that together with its partners, it has entered into a contract to sell 410 Tenth Avenue on the West Side of Manhattan for $952.5 million. The 636,000-square-foot office building is being redeveloped and is anchored by Amazon and First Republic Bank as tenants,. SL Green currently […]

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 […]