Williams Lea Tag Takes 31K SF at The New York Times Building
Marketing and communications company Williams Lea Tag has recently inked a lease for 31,058 square feet of Manhattan office space at The New York Times Building. The U.K.-based firm plans to relocate some of its New York City offices there. The 52-story, class A+ building at 602 8th Avenue is owned by Forest City Realty…
Top 10 NYC Landlords Who Improved the Highest Percentage of Their Portfolio
Being a good landlord is not always easy, as it requires having to juggle several responsibilities at once. Landlords must constantly strive to keep their properties at 100% occupancy, build solid relationships with tenants and maintain their assets in decent condition. One might argue that one of these responsibilities is more important than the other,…
Bed-Stuy Brownstone On Its Way To The Auction Block
2,001-square-foot single-family home in Bedford-Stuyvesant goes to auction on November 8, 2018 with a lien of more than $750,000. The auction will take place at 2:30 PM at 360 Adams Street, Brooklyn, New York. The 2,001 square-foot single-family home at 757 Monroe Street in Brooklyn was purchased in 2007 for $600,000. The buyer took out…
BounceX Takes 79K SF at 1WTC, Leaves The New York Times Building
Bounce Exchange, known as BounceX, will relocate its headquarters from its current location at 620 8th Avenue to One World Trade Center. The marketing technology firm signed an 11-year lease for 79,118 square feet of Financial District office space. Currently the tallest building in the Western Hemisphere, the 3.1-million-square-foot, LEED Gold-certified One World Trade Center…
Lockton Inks Lease for New Pacific HQ at DTLA’s 777 Tower
Insurance brokerage firm Lockton has recently signed a lease for 70,000 square feet of Los Angeles office space at 777 South Figueroa Street. The company plans to relocate from its current offices at the Ernst & Young Plaza in February next year. The 52-story building known as the 777 Tower boasts a LEED Gold certification…
What Are Common Charges?
In condominium setups, the entire building is commonly owned among those who own individual units. Common charges are designed to cover all the shared costs of amenities and services available in the building. This can include management fees, operating costs, amenities and staff salaries. It does not include taxes, as condo owners receive separate tax…
What Are Maintenance Fees?
Housing cooperatives are membership-based legal entities that own one or more residential buildings. Unlike condominiums and single-family homes, co-ops are not owned outright as real property. Instead, buyers purchase shares within the co-op association and receive exclusive use of a specific unit. Co-op living comes with its own set of peculiarities, among them being maintenance…
Lower East Side Condo Hits the Block with Lien $400K Below Market Value
911-square-foot Nolita Place condo goes to auction on November 11, 2018, with a lien of more than $1.1 million. The auction will take place at 2:00 PM at 60 Center Street, New York City. 199 Bowery #4A, a 911-square foot condo in hip Nolita Place, was purchased in 2006 for $712,775. The owner took out…
26th Floor Luxury Condo in Central Midtown Headed for Halloween Auction
704 square-foot luxury condo in Midtown high-rise goes to auction October 31, 2018 with a lien of $878,217. The auction will take place at 2:00 PM at 60 Center Street, New York City. With Manhattan foreclosures at a record low, Central Midtown’s 117 East 57th Street #26G is a rare sight. Located in 57-story The…
WeWork Snatches Another 93.5K SF at Pacific Design Center
WeWork is expanding its footprint at Pacific Design Center, taking an additional 93,500 square feet of Los Angeles office space there. The company, which recently became Manhattan’s largest office tenant, more than doubled its space at the 14-acre campus in West Hollywood. Signing a 15-year lease, the coworking firm is set to occupy 39,000 square…
SeatGeek to Relocate HQ to 902 Broadway
Last week, SeatGeek announced it will be relocating its headquarters to 72,800 square feet of Midtown Manhattan office space at 902 Broadway. The company, which helps fans buy and sell sports, concert and theater tickets through their mobile-oriented online platform, will be moving out of its previous location at 400 Lafayette Street. According to a…
One-Bed NoMad Condo Heads to Auction Again
688-square foot condo located one block from the Empire State Building goes to auction October 31, 2018 with a lien of $952,978. The auction will take place at 2:00 PM at 60 Center Street, New York City. 325 5th Avenue #11F was originally purchased for $809,508 back in 2006, with an acquisition mortgage of…
Here Is the Most Expensive Home for Sale in Each State + The District of Columbia
While PropertyShark has a tradition of writing about the most expensive homes for sale by state, we have never before done a nationwide list that includes all fifty states and D.C. For the first time ever, we analyzed active listings from the entire U.S. in order to identify each state’s most expensive home for sale…
The Pros & Cons of Timeshares: Evaluating Shared Vacation Ownership
Thinking about buying into a timeshare? Make sure to explore our comprehensive guide on the pros and cons of timeshares in 2025.
Why Certificates of Occupancy Are Important
A certificate of occupancy is issued by a government agency or a building department. The purpose is to certify that a building is in compliance with building codes and that it is suitable for occupancy. It is issued by local government agencies and the process of certification varies based on the rules of the issuing…
Among Most Expensive Neighborhoods in L.A. Area, Beverly Hills Flats in First Place
Key Takeaways: Beverly Hills Flats becomes the #1 most expensive neighborhood in L.A. area Trousdale takes #2 spot with a median price of $6.3M Hill Section registers 88.5% y-o-y median price growth 8 neighborhoods posted medians above $3M While noticeably cooler than the first half of 2018 and Q3 2017, the top of the L.A….
TriBeCa Reigns as #1 Most Expensive NYC Neighborhood in Q3 2018, Despite 16% Y-o-Y Price Drop
Key takeaways: With a median exceeding $3.4M, TriBeCa reigns as the most expensive NYC neighborhood Garment District Skyrockets to #2 With 61% Y-o-Y Increase With a median of almost $3.1 million, SoHo lands the third spot in Q3 2018 Flatiron District prices see steepest drop year-over-year: 66% decrease With a median of $1.65 million, Brooklyn’s…
A24 Signs Lease for 25K SF at Pacific Design Center’s Red Building
A24 will relocate its offices to the Red Building of the Pacific Design Center. The independent entertainment company behind “Moonlight” is set to occupy 25,000 square feet of Los Angeles office space there. Located at 750 North San Vicente Boulevard, the 400,000-square-foot Red Building is the newest of the three office buildings that make up…
Spaces Takes 99K SF in Redesigned Art Deco Car Showroom
Coworking provider Spaces has recently signed a lease for 99,000 square feet of Manhattan office space at 787 11th Avenue. A former Packard car showroom, the building is currently undergoing major renovations and will soon house high-end offices as well. Originally designed by American architect Albert Kahn in 1929, the Art Deco building at 787…
NYC Foreclosures Continue to Decline in Q3
Key takeaways: With only 716 unique cases, NYC foreclosures decreased 17% Y-o-Y; Queens had the most properties headed to the auction block in Q3: 303; First time foreclosures in Brooklyn stagnated Y-o-Y, the borough seeing only a -1% change; Year-over-year, the Bronx saw a 43% drop in foreclosure activity; With only 22 homes headed to…
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