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...
Dallas Business Journal APL Logistics Warehouse Management Services has leased 121,400 square feet of industrial space in the Dallas suburb of Irving, Texas The global supply-chain logistics company is occupying its space at 2801 West Rochelle Road,...
Real Estate NJ Western Carriers has signed a lease for 113,623 square feet at 5905 Westside Ave in North Bergen, NJ The industrial property is about nine miles west of Manhattan The logistics company serves the wine and spirits...
Commercial Observer Nash Finch Co, a food distributor, has signed a lease to fully occupy the 364,000-square-foot industrial property at 8024 Telegraph Road in Severn, Md Provender Partners owns the distribution center, which is about 15 miles south...
