Apple eyes 11 Penn Plaza for new office space
After losing to Facebook in a tug-of-war over the historic Farley Building, tech giant Apple is negotiating to lease office space at 11 Penn Plaza, sources said. The 1.15-million-square-foot building...
Real Estate
Spanish retailer Desigual takes over Fifth Avenue space from Sunglass Hut
Prime Fifth Avenue has scored a new retail tenant. Spanish retailer Desigual has leased 5,200 square feet at 605 Fifth Ave. between East 48th and 49th streets, with 2,300 feet...
Concord consolidating its offices at 250 W. 57th St.
George Harrison, Mark Ronson and Rodgers & Hammerstein all have catalogs represented by Concord, which is consolidating its offices, at 250 W. 57th St. The world’s largest independent developer, manager...
New NYC buildings host modern science labs, research facilities
City encouragement, alongside a booming market, have made life science leases hotter than ever. But because of the detailed construction work and funds that go into creating wet labs, it’s...
Old and new buildings citywide become snazzy offices to lease
As building owners scramble and compete to attract and keep top tenants, money is pouring into old and new office buildings. New buildings, says Jeremy Moss of Silverstein Properties, are...
Challenging commercial sales market looks to bounce back
Expensive land, high seller expectations and a complicated legislative environment all led to the sales market taking a beating in 2019. There have been fewer buildings trading, observes Savills’ Woody...
Luxury labels and streetwear brands team up to lure shoppers
Street meets chic as traditional luxury brands partner with streetwear designers, creating cross-promotions and co-locations to cater to young customers. “It’s the same customer that shops luxury,” says Gabriel Paisner...
Real Estate Board of New York hosts 124th annual banquet
When the Real Estate Board of New York talks, local bigwigs and politicians listen. The city’s oldest and most influential real estate trade association represents a who’s who of owners,...
Real Estate Board of New York honors 7 stars of the industry
Meet the seven real estate professionals who will be honored at Thursday night’s REBNY gala. The Harry B. Helmsley Distinguished New Yorker Award David R. Greenbaum, Vice Chairman of Vornado...
Look inside 3 Hudson Boulevard, Hudson Yards’ next office tower
A brand-new design has been revealed for 3 Hudson Boulevard, a long-planned tower with 1.85 million square feet of office space. Just shy of 1,000 feet tall, 3 Hudson Boulevard...