Real Estate

Central Park Tower Now World’s Tallest Condo

NEW YORK — Real estate developer Extell Company announced that the under construction Central Park Tower has topped out, which at 1,550 feet, will be the tallest residential building in the world when completed next year. Located on West 57th Street, along the corridor known as “Billionaire’s Row,” Central Park Tower is slated for completion […]

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 […]