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...

WeWork will run out of cash in the next five months since it would be ludicrous to throw more cash into a business model that has no path...

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...

Questions Around 660 Madison Last week, Barney’s New York filed for bankruptcy protection, which is raising some red flags for their...

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...

RFR Moving to 477 Madison RFR announced the acquisition of 477 Madison Avenue, 325k SF, 24-story office building with 11k SF street-level...

Macy’s New Tower What used to be a manufacturing hub, Herald Square is now a corridor of tourists and commuters cramming next to each...

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