Law firm Holwell Shuster & Goldberg is moving back to Midtown.
The law office signed a three-year sub-sublease to relocate to a 29,592-square-foot space on the 26th and 27th floors at 750 Seventh Avenue, as The Wall Street Journal first reported.
The asking rent in the building is $70 Read More
First Potomac Realty Trust, a Maryland-based real estate investment trust, borrowed a $66.78 million loan from KeyBank and an insurance separate account to finance its acquisition of a nine-story office building in Washington, D.C., Commercial Observer has learned.
First Potomac purchased the 155,713-square-foot building at 11 Dupont Circle, from an entity listed as Read More
NYU Langone Medical Center is eyeing a new facility at the massive, 1.9-million-square-foot Essex Crossing development on the Lower East Side, as the developers behind the project eye more construction start dates.
The hospital has been in ongoing talks to sign a lease at Site 6 of the multi-parcel project, a spokesman Read More
A custom bed maker is laying down in a mixed-use Upper East Side building.
Savoir Beds, which crafts tailor-made luxury beds, has signed a new 10-year lease to open a location in a 3,295-square-foot space at 223 East 59th Street, Commercial Observer has learned.
The store, which will open in the fall, will Read More
Soho retail increasingly resembles a beautiful, well-maintained smile—missing a few front teeth.
While nobody would dispute the neighborhood is home to some of the finest retail in the world, it is nonetheless riddled with vacancies.
CityFunders, a real estate crowdfunding platform, is offering investors the chance to help fund a development that will feature a beer garden, winery and event hall in the Bushwick area of Brooklyn, the firm announced.
Landlord Bushwack Capital, which is seeking to borrow a total of $1 million from crowdfunding contributors, plans to convert the Read More
Private boys’ school Saint David’s School on the Upper East Side is hoping the city will issue $35 million in tax-exempt revenue bonds to put toward the institution’s $85 million renovation and expansion.
The proceeds from the bonds would in part be used to “finance the expansion, renovation and equipping of two existing contiguous buildings that Read More
DogPound, which counts actor Hugh Jackman as one of its training clients, has signed a lease for a state-of-the-art gym in the Hudson Square submarket, Commercial Observer has learned.
The high-intensity fitness company leased 4,000 square feet on the ground floor at 511 Canal Street at the corner of Renwick Street. The asking rent was $67.50 per Read More
Caffe Bené is college-bound in Brooklyn.
Commercial Observer has learned that the South Korean coffee shop is opening a new location in the first week of September at 150 Campus Road—across the street from Brooklyn College. Caffé Bene will be in 4,200 square feet, split evenly between the ground floor and the basement, according Read More
AIG closed a $190 million debt deal with Atlanta-based Goddard Investment Group to refinance and upgrade the firm’s recently acquired Fountain Place office tower in Dallas, Commercial Observer has learned.
The owner of a three-property industrial portfolio in Sunset Park has sold its holdings to three separate buyers for a total of nearly $26 million, Commercial Observer has learned.
Davidson Pipe, a subsidiary of plumbing supplies company Ferguson, sold the structures at 5002 Second Avenue, 152-158 41st Street and 4101 First Avenue in the rapidly transforming part Read More
As part of its commitment to its innovative tenants, Industry City is creating an “innovation alley” to connect eight of the 10 non-waterfront buildings that are part of the sprawling 16-building complex in Sunset Park, Brooklyn.
Innovation alley is one of the place-making initiatives at the 6-million-square-foot development that is expected to foster “an Read More
The Associated Press, a nearly 170-year-old news institution, is leaving its world headquarters in Midtown for a 172,000-square-foot space in Brookfield Property Partners’ 200 Liberty Street across from the World Trade Center, becoming the latest media firm to flee Midtown.
Ladder Capital Chief Investment Officer Greta Guggenheim is parting ways with the firm she co-founded to lead the newly formed real estate finance arm of TPG Capital, two people familiar with the matter told Commercial Observer.
Ms. Guggenheim will join TPG Real Estate as the chief executive officer of TPG Real Estate Finance Trust, the Read More