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 volume of apartment property sales in New York City totaled $28 billion during the first three quarters of 2020, according to Ariel Property Advisors That's down 391 percent from the same time last year and is the lowest sales volume for the...
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...
Freddie Mac originated $483 billion of multifamily loans this year through the end of September, a 204 percent decline from the $607 billion of volume it originated during the same period last year Meanwhile, $757 billion of its loans, or 247...
Overall occupancy at US hotels remained above 50 percent for the second straight week, inching up by 01 percentage point during the week through Oct 10, to 501 percent, according to STR The industry’s other major performance metrics saw...
Crain’s New York Business More than 15 percent of apartment property owners in New York City could default on their property tax, water or sewer bills that are due in January, according to a survey from the Community Housing and Improvement...
Commercial Real Estate Direct Staff Report Prices for commercial properties inched up in September by 02 percent from the previous month, according to Real Capital Analytics‘ Commercial Property Price Index They’re now up 135 percent...
