Real Estate

GFP Buys 675 Avenue of the Americas

NEW YORK — GFP Real Estate says it has closed on the purchase this month of 675 Avenue of the Americas, located in the Flatiron District of Manhattan. The building is a 311,000 square-foot, mixed-use Class A office and retail property. It is home to WW’s (Weight Watchers) headquarters as well as Nielsen, Michael’s Stores, Trader […]

Offices Real Estate

Related Buys WarnerMedia Office Space for $2.2 Billion

Related Companies is purchasing 1.5 million square feet of office space owned by WarnerMedia at 30 Hudson Yards for $2.2 billion. An affiliate of Related Companies, the developer of Hudson Yards, has entered into a contract to purchase WarnerMedia’s approximately 1.5 million square foot office. WarnerMedia is the former Time Warner before it was acquired […]

Real Estate

Tallest Brooklyn Building Tops Out

BROOKLYN — Real estate firm Extell Development Company announced that the company’s first Brooklyn project, Brooklyn Point, has reached a major construction milestone with its topping out. At 720 feet high, the 68-story luxury building has become the tallest in Brooklyn — eclipsing the Hub skyscraper at 610 feet — the previous tallest building in […]

Real Estate Restaurant Retail

Hudson Yards Opens to Public

Hudson Yards, a $25 billion development built above rail yards on the West Side of Manhattan, officially opened to the public Friday, marking a historic moment in the City of New York. (Photo Above: The first Neiman Marcus department store in NYC opens at the new Hudson Yards.) New Yorkers and visitors are now able […]

Real Estate

New JACX Development in LIC Fully Leased

NEW YORK — Tishman Speyer President and CEO Rob Speyer announced the company has completed lease agreements with Macy’s, Inc. and NewYork-Presbyterian to fill all of the remaining space at The JACX, its 1.2 million-square-foot creative office development currently under construction in Long Island City, Queens. The two lease agreements, totaling 328,000 square feet combined, brings The JACX, which consists of two […]

Offices Real Estate

Hudson River Trading Moving to 3 WTC

NEW YORK – Hudson River Trading is moving from 4 World Trade Center to new space at 3 World Trade Center, which opened last June. Silverstein Properties Chairman Larry Silverstein announced HRT has signed a lease with Hudson River Trading (HRT) for 136,000 square feet of office space at 3 WTC. Founded in 2002, HRT […]

Real Estate Retail

Hudson Yards to Feature Boutique Stores in Floor of Discovery

NEW YORK – Hudson Yards plans to unveil a lineup of boutique shops, dubbed the Floor of Discovery, on the second floor of The Shops & Restaurants at Hudson Yards in March. The Floor of Discovery will house a unique collection of first locations from online brands and experiential shopping offerings from modern brands. These store […]

Offices Real Estate

WeWork Changes Name to We Company

NEW YORK — WeWork, the largest private office tenant in New York City, is changing its name to The We Company. The We Company encompasses three different business lines: WeWork, WeLive, and WeGrow. WeWork develops flexible office space in major cities; WeLive offers furnished, flexible apartments; and WeGrow offers education for students. The new We […]

Offices Real Estate

Columbia Property Leases 149 Madison Ave. to WeWork

Photo: WeWork is leasing 115,000 square feet of space at 149 Madison Ave. NEW YORK — Columbia Property Trust, Inc. has signed a 115,000-square-foot, long-term lease with WeWork, the world’s leading shared office space provider, for the entire office portion of 149 Madison Avenue, Columbia’s 12-story Midtown South building. WeWork has recently become the largest […]

Real Estate Retail

Ripco, Related Secure 80,000 Square Feet for Bronx Market

NEW YORK – RIPCO Real Estate and Related Companies announced that Food Bazaar Supermarket signed an 80,000 square-foot lease at Bronx Terminal Market. Developed by Related Companies in 2009, Bronx Terminal Market is home to a variety of restaurant and retail tenants, and Food Bazaar – which will be the largest supermarket in the borough […]