The Real Deal Amazoncom Inc has signed three leases in the New York City area, where the online retail giant will house delivery stations for workers who sort packages that are transferred from fulfillment centers The warehouses are at 5 Warehouse...
Crain’s New York Business The Metropolitan Transit Authority’s board has approved a rent relief program for small business tenants at Grand Central Terminal in Manhattan The program, which also applies to additional MTA locations with...
Commercial Observer Home Depot plans on leasing 120,000 square feet of retail condominium space at 410 East 61st St in Manhattan The home-improvement retailer will fill the space that Bed Bath & Beyond plans to vacate when its lease expires next...
Commercial Observer LVMH has reached an agreement with Wharton Properties for the right to end its lease early at 747 Madison Ave in Manhattan The lease initially was set to expire in 2029 LVMH is the parent company of Givenchy, a luxury fashion...
The median monthly asking rent for a Manhattan apartment unit was $2,990 in the third quarter, according to StreetEasycom That's down 78 percent from last year The city's apartment vacancy rate has been estimated to be as high as 11 percent It's...
Crain’s New York Business New York Governor Andrew Cuomo has extended the state’s moratorium on commercial evictions and foreclosures through the end of the year Cuomo initially announced the ban for 90 days starting on March 20, shortly...
Bisnow WeWork is closing three of its locations in Washington, DC Douglas Development Corp owns each of the office properties where the co-working company is closing locations: the Manhattan Laundry Building, at 1342 Florida Ave NW, the Wonder Bread...
Commercial Real Estate Direct Staff Report A total of 161 million square feet of office leases were signed in Manhattan during the first three quarters of 2020, a 421 percent decline from the 278 million sf during the same period a year ago,...
Commercial Observer Centric Brands has signed a 10-year lease for 212,154 square feet of office space at the Empire State Building in Manhattan The company, which sells products under licenses for Calvin Klein, Nautica and Tommy Hilfiger, is leasing...
Commercial Real Estate Direct Staff Report Owners of apartment properties lost an estimated $92 billion of revenue from missed rental payments in the third quarter, according to a study by the Mortgage Bankers Association That was up slightly from...
