WeWork Update · WeWork told employees not to delete or leak any information from their computers. If they do, there would be consequences...

4 Things NY’s Commercial Real Estate Industry is Watching for in 2020 Going into the next decade, the commercial real estate industry is...

The Fallout of WeWork & How Other Co-working Firms Follow – The largest tenant in NYC with approximately 7 million square feet Last week,...

Facebook Signs Hudson Yards Lease Facebook has now completed a lease at Hudson Yards for over 1.5 million sf across 30 floors and three...

Is the Trade War in China affecting the Real Estate Market? In July 2018, the trade war with China had started. The U.S implemented its...

Trump vs. NYC Landlords When Trump got elected into office four years ago, people didn’t know what to expect. However, fast forward to...

Midtown down in Third Quarter In the 3Q, Midtown’s leasing activity dropped to 2.2 million sf of total deals. That is down more than 30%...

Rents are on the Rise while Lease Expiration's Loom In Manhattan, leases of law firm space are expiring between 2021 and 2024. A total of...

W Hotels Getting a Revamp Last week Marriott International acquired the W Hotel in Union Square for $206 million. The purchase of this...

WeWork’s Purchase of Old Lord & Taylor Building is Backfiring In January, WeWork jumped into an $850 million deal to buy Lord & Taylors...

The Demand for Flex Space in Manhattan In Manhattan, flexible leasing space makes up 3.6% of its total office leasing inventory, while...

WeWork CEO Steps Down WeWork CEO Adam Neumann stepped down after a board meeting on Tuesday. Since 2010, he has built “one of the most...

Apple Looking for Big NYC Space Apple has entered the race of tech companies to lock down office space in Manhattan. They are looking for...

How Opportunity Zones and Co-Working Spaces Joined Forces While opportunity zones were created to increase development in troubled...

City is Spending Too Much on Office Space Since Mayor Bill de Blasio took office in 2014, New York City has spent at least $1 billion on...

NYC Landlord Sues WeWork Last Tuesday, Belvedere Management Co., the landlord of 21-33 Irving Place, filed a lawsuit in the NY Supreme...

Office Leasing in Manhattan · Midtown leasing continued slowing down in June, totaling just under $1 million SF, which is down 21% from...

Fed Cut to Boost NYC Economy Last week, The Federal Reserve cut the interest rate, which has shown to be a good thing. This cut is going...

Fifth Avenue Being Eyed by Amazon (Former Lord & Taylor building) After bailing on building a campus in Long Island City, Queens last...

WeWork Owner Cashes Out Co-founder of WeWork, Adam Neumann cashed out more than $700 million from the company ahead of its public...