NYC Real Estate

Anagram at Columbus Circle in NYC 50% Leased

NEW YORK — Global Holdings, an international real estate development and investment firm announced that its luxury residential tower, Anagram Columbus Circle, is 50 percent leased. Located along Columbus Circle area of Manhattan, just steps from Central Park and across from Trump International Hotel, the 26-story property has attracted residents from around the country and […]

News NYC Real Estate

Empire State Realty Trust Announces Two Promotions

NEW YORK — Empire State Realty Trust, Inc. announced that Executive Vice President, Chief Operating Officer & Chief Financial Officer Christina Chiu has been promoted to President. Additionally, Senior Vice President, Chief Accounting Officer Stephen Horn has been promoted to Executive Vice President, Chief Financial Officer & Chief Accounting Officer. Anthony  Malkin will continue to […]

NYC Real Estate

JLL Secures $395 Million Capital for 70 Pine Street

NEW YORK — JLL’s Capital Markets group announced it has secured the $395 million refinancing of 70 Pine Street, a 66-story, mixed-use property with luxury multi-housing rental, retail and hotel space located in a landmarked building in the Financial District of New York City. The building was formerly headquarters of AIG. JLL worked on behalf of the borrowers, […]

News NYC Real Estate

StreetEasy Names Top 10 NYC Neighborhoods to Watch

Real estate website StreetEasy has named its top 10 neighborhoods to watch in NYC based on great increases in searches on the site among buyers and renters from 2022 to 2023. StreetEasy, a division of Zillow, predicts Queens will reign supreme in 2024 after a record-breaking year for the borough in 2023, as both renters […]

News Real Estate

Quay Tower in Brooklyn Reports $85 Million in Sales

NEW YORK — RAL Companies and Oliver’s Realty Group, announced that Quay Tower, the only waterfront new development in Brooklyn Heights with sponsor units for sale, achieved more than $85 million in sales and pending contracts from 2023. Many of the deals at the 30-story ODA New York-designed building were the week’s most expensive sale […]

Real Estate

NYS Had Record Low Number of Homes for Sale in 2023

ALBANY – The inventory of available homes for sale at the end of 2023 across New York fell to the lowest recorded mark in history, according to a report released by the New York State Association of Realtors. Inventory of homes for sale across New York dropped to an all-time recorded low of 24,469 units […]

News Real Estate

Q Mixers Inks Deal With TAO Hospitality

BROOKLYN, NY — Q Mixers, a premium maker of drink mixers, has announced a multiyear partnership with Tao Group Hospitality, the hospitality group with venues like TAO, Hakkasan, Marquee, LAVO, and more, to become the exclusive mixer across 44 U.S. venues. Q Mixers will also be present at Tao Group Hospitality events, starting with the […]

News NYC Offices Real Estate

Paul Weiss Law Firm Signs Huge Lease at 1345 Avenue of the Americas

NEW YORK —  The NY law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP, has signed a 20-year, 765,000 square-foot lease at 1345 Avenue of the Americas (photo above), marking the largest commercial office lease in the United States in 2023. Paul, Weiss represents many of the world’s largest public and private corporations, asset […]

Long Island Real Estate

Real Estate Broker The Agency Opens Fourth Long Island Office

Global real estate brokerage The Agency has opened a new office on Long Island’s Gold Coast. The new locale, which will be known as The Agency Gold Coast Long Island, is the firm’s fourth office on Long Island, New York, joining the brokerage’s growing network of offices in the U.S., Canada, Mexico, Central America, the Caribbean, and Europe. The office will be led by industry […]

News Real Estate

SL Green Sells 625 Madison Avenue for $632.5 Million

NEW YORK — SL Green announced that, together with its partners, it has entered into a contract to sell the fee ownership interest in 625 Madison Avenue for a gross sale price of $632.5 million, or $1,123 per square foot, to a global real estate investor. In connection with the sale, SL Green and its […]

News Real Estate

NYS Median Home Price at $370,000 in November

ALBANY — Inventory of homes across the Empire State fell to record lows in November while elevated sales prices slowed New York’s housing market even more, according to the housing report released today by the New York State Association of REALTORS. Inventory of homes for sale fell to an all-time low of 27,779 units in […]

Offices Real Estate

SL Green Leases 270,000 Square Feet at 280 Park Avenue

NEW YORK — SL Green Realty Corp. and Vornado Realty Trust announced that they have signed a 15-year renewal and expansion lease with a premier financial services tenant covering 269,905 square feet on six floors at 280 Park Avenue in Manhattan. Spanning the entire block front of Park Avenue between 48th and 49th Streets, 280 […]

News Real Estate

NY Area Home Prices Drop Slightly in September

FARMINGDALE NY — OneKey MLS, which provides data on NY metro area real estate prices, reported a regional median sale price of $630,000 in September, a slight 0.80% decrease as compared to the $635,000 reported in August 2023. Buyers are still finding a short supply of homes available for purchase. In a year-over-year comparison, the closed median sale […]

Real Estate

Terreno Realty Buys Brooklyn Building for $27.5 Million

Terreno Realty Corporation has acquired an industrial property located in the Red Hook neighborhood of Brooklyn for a purchase price of approximately $27.5 million. The property consists of one industrial flex building containing approximately 96,000 square feet on 3.8 acres. The property is at 185 Van Dyke Street, on the Upper New York Bay waterfront, […]