Category : Blog

The Flatiron District is proving to be a safe haven from the city’s retail slowdown. According to a report from the Flatiron Partnership, the retail availability for the neighborhood in September stood at 5.6 percent. The resistance of the neighborhood is mainly due to locally-owned businesses. According to the study, out of the 570 ground …

Design firm Stantec consolidated its New York City offices at TIAA-CREF’s 475 Fifth Avenue in Midtown. The firm, which had five locations across the city, took four floors for a total of 63,462 s/f. Its new offices cover the sixth, seventh, eighth and 12th floors. Nearly 360 employees – architects, engineers, interior designers and landscape …

Tiffany & Company is opening a new office in the Flatiron District. The deal for space on 23rd Street is among a slew of Midtown South leases completed by Adams & Co. Real Estate totaling 50,631 s/f. Tiffany & Company, the world-renowned jeweler, 4K Media, a subsidiary of Konami Digital Entertainment that manages the Yu-Gi-Oh! …

SL Green Realty Corp. , New York City’s largest office property owner, and private investment manager, RXR Realty, today announced that they have signed an agreement to acquire a combined 48.7 percent interest in Worldwide Plaza, a Class A, trophy asset located in Midtown Manhattan. The interest is being sold by New York REIT, which …

Law firm Litchfield Cavo and video game industry group Entertainment Software Association have signed leases totaling over 37,000 s/f at SL Green’s 420 Lexington Avenue. Litchfield Cavo, a litigation defense firm, signed a 26,639 s/f lease. The firm renewed for its current 18,275 s/f of space and took an additional 8,346 s/f.  Entertainment Software Association, …

The city’s Department of Citywide Administrative Services has signed a lease to fully occupy Savanna and Hornig Capital Partners’ 95 Evergreen Avenue in Bushwick. A team from Cushman & Wakefield led by Mitch Arkin brokered the deal with Joseph Cirone, Myles Fennon and Remy Liebersohn with Brian Reiver representing Savanna in-house, Andrew Clemens of Ripco …

Real estate executives and public officials are keeping the pressure on Washington, D.C. to help fund the Gateway Program, the project that industry leaders are calling the most important real estate issue facing the city. “The Big Kahuna remains Gateway,” said David Greenbaum, president of the New York office division at Vornado Realty Trust, while …