Law Firm Moses & Singer to Stay in the Chrysler Building for Another 15 Years
Law firm Moses & Singer renewed its lease at the Chrysler Building, planning to remain in the iconic NYC tower for another 15 years. The deal also allows for the 73,485 square feet of Midtown Manhattan office space it currently occupies there to be modernized and redesigned. The 1.3 million-square-foot, LEED Gold-certified skyscraper at 405…
10 Go-To Real Estate Photographers in New York City
There’s a lot that goes into selling a property, but one thing is true across the board: First impressions matter. Since many buyers get their first impression from an online photo, finding the right real estate photographer is a top priority. We’ve tracked down ten of the best NYC real estate photographers. Take a moment…
Google to More Than Double its NYC Offices by 2022
Google is growing its NYC footprint with a 1.85 million square-foot office expansion, enough space for more than 12,000 additional employees, reported the Wall Street Journal. The majority of the expansion would be at the planned St. John’s Terminal in the West Village. Alphabet Inc., Google’s parent company, is close to a deal to purchase…
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,…
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…
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…
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…
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…
Foreclosure of the Week: Financial District Penthouse Up for Grabs at Auction
368-square-foot penthouse condo unit located in the Financial District goes to auction on October 10, with a lien of $451,098. The auction will take place at 2:15 PM at 60 Center Street, New York City. One of only a handful of Manhattan foreclosures, 20 West St #PH-F was purchased in May 2007 for $465,000. The…
citizenM Opens New, One-of-a-Kind Hotel in NYC’s Bowery
citizenM returns to NYC with a brand-new, 300-room hotel at 189 Bowery. Launched September 12, citizenM Bowery is not only home to a unique Museum of Street Art, but also boasts the title of the world’s largest modular hotel. Its counterpart, the 230-room citizenM Times Square, which opened in 2014, is the only other citizenM…
What Premium Are New Yorkers Paying to Live near Central Park?
Editor’s Note: For more recent data on the premiums paid for living near NYC parks, including Central Park, see: The Park Premium: Do You Pay Extra to Buy Next to Manhattan’s Largest Parks? Not only does Manhattan have some of the most expensive real estate across the entire nation, but in certain exclusive spots you…
Foreclosure of the Week: Philip Starck Condo Goes to Auction with $241K Lien
A 430-square-foot condo located in East Midtown’s Gramercy Park is scheduled for auction on October 3, 2018 with a lien of $241,024. The auction is scheduled for 2:00 PM at 60 Center Street, New York City. With a 13% drop in NYC lis pendens, and a 28% decrease in Manhattan foreclosures, a rare property is…
ICBC Inks Lease for 100K SF at 1185 Sixth Avenue
The Industrial and Commercial Bank of China has recently signed a lease at SL Green Realty Corp.’s 1185 Avenue of the Americas. China’s largest bank will occupy a little under 100,000 square feet of Midtown Manhattan office space at this new location. Financial details of the deal were not made available, but The Real Deal…
Co-op Housing Pros and Cons: What to Know Before Buying Into a Co-Operative
Thinking about co-op living? Learn how this ownership model works and whether its affordability and stability outweigh the rules and resale limits.
NYPD Close to Signing Lease for More Space at 375 Pearl Street
The New York Police Department is close to signing a lease for 106,000 square feet of Manhattan office space in the Verizon Building at 375 Pearl Street. City Hall will complete the deal after the Department of Citywide Administrative Services (DCAS) hosts a public hearing about it on September 8. The law enforcement agency will…
Top 10 Best-Selling Residential Buildings in NYC – H1 2018
Condo sales were lukewarm in the first half of 2018, as only 537 residential units traded in the top 10 best-selling buildings in New York City. By comparison, that’s 130 units short of the number sold in just one building last year. Only four buildings posted triple-digit median sale figures in Manhattan and one in…
Digital Advertisement Firm Undertone Signs Lease for New HQ at 1WTC
Undertone, a leader in digital marketing, announced it will be moving headquarters from its current location at 340 Madison Avenue to part of the 77th floor of One World Trade Center. The company has recently signed a seven-and-a-half-year lease for 25,550 square feet of Financial District office space. The move is expected to happen in…
Where Can You Buy a Home Under $500/SF in NYC?
There was a time when you could have bought a home anywhere in Brooklyn or Queens for $500 per square foot, and possibly in some parts of Manhattan too. Nowadays, only the Bronx and Staten Island offer homes in this price range in every neighborhood, with the rest of the boroughs having homes listed at…
Want to stay on top of the real estate market?
Access comprehensive property data and ownership information with intuitive research tools.