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 […]

Real Estate

Amazon Leases 83,000 Square Feet in Queens

Amazon, the nation’s leading online retailer, has leased 83,000 square feet of warehouse space in the Woodside neighborhood of Queens from Terreno Realty. The lease commences December 1, 2018 and expires February 28, 2029. Amazon is planning to build a new fulfillment center in Queens which will be the second in New York City. The […]

Real Estate

High Line Art Galleries Now Open

NEW YORK —  Related Companies has announced the opening of ‘High Line Nine’, a new series of art gallery spaces in West Chelsea. Located beneath the High Line and adjacent to Zaha Hadid’s first residential development in New York City, 520 W. 28th Street, the ‘High Line Nine’ brings emerging A-list talent to New York […]

Funding Real Estate

Real Estate Company Compass Raises $400 Million

NEW YORK — Compass, a real estate technology company, has scored a $400 million Series F financing round led by the Softbank Vision Fund and Qatar Investment Authority (QIA), with participation from Wellington, IVP and Fidelity. This investment will bring the total capital raised to nearly $1.2 billion. Compass plans to use the capital to […]

Real Estate

Empire State Building Has New Entrance

NEW YORK – The Empire State Building (ESB) officially unveiled the first phase of a new entrance last month to the Observatory at 20 West 34th Street. Part of the decade-long Empire State ReBuilding project, the new entrance provides visitors to its popular observation deck with a larger dedicated entrance which used to be shared […]

Real Estate

K Property Group Buys 446 Broadway

NEW YORK — K Property Group (“KPG”) says it has purchased 446 Broadway, a vacant five-story circa 1915 commercial building between Grand and Howard Street Building. The purchase price was not disclosed. Plans for the property include a major high-end renovation. When completed, there will be approximately 26,000 square feet of office space and 5,250 square […]