Category : Editorial Supplements

REBNY fighting to keep New York City strong
Editorial Supplements

REBNY fighting to keep New York City strong

REW
Throughout 2019, REBNY educated policymakers and the broader New York public about misguided City Council proposals to impose commercial rent control on the city’s commercial real estate market, as well an idea by the Mayor to implement a vacancy tax. REBNY strongly opposes two commercial rent control bills and is...
Arianna Huffington leases Soho office space for new wellness venture
Editorial Supplements

Arianna Huffington leases Soho office space for new wellness venture

REW
Arianna Huffington’s Thrive Global has leased office space at the Gural Family’s 100 Crosby Street in Soho. Newmark Holdings co-CEOs Eric Gural and Brian Steinwurtzel said Huffington’s new venture has signed a five-year, 3,000 s/f office lease at  the six-floor, 120,000 s/f building that the company renovated this year. Donna...
The future of New York City’s office development
Editorial Supplements

The future of New York City’s office development

REW
By James Nelson, Vice Chairman, Cushman & Wakefield, Chair of REBNY’s Commercial Brokerage Board of Directors, and Caroline Hannigan, Director, Cushman & Wakefield The need for new office space in New York City has been a topic of discussion for some time now. There are many challenges and obstacles that...
Real Estate Board producing programs to meet member demand
Editorial Supplements

Real Estate Board producing programs to meet member demand

REW
By James Nelson, Partner, Cushman & Wakefield (formerly Massey Knakal) 2014 was the year of the boroughs for New York City. After the correction in the market in 2009-2010, we saw a flight to safety with Manhattan sales leading the recovery. In 2011, Manhattan generated 32% of the sales even...
Deals & DealmakersEditorial Supplements

Ground broken for new Hallets Point community

REW
The Durst Organization broke ground on the new Hallets Point development in Astoria. During a ceremony attended by Mayor de Blasio, HPD Commissioner Been, Queens officials, residents and Durst work started on the first building on the campus that will ultimately hold 2,400 apartments, 65,000 s/f of retail and space...
Editorial Supplements

James Fenimore Cooper’s old LES home for sale for $12M

REW
A building that was once the home of James Fenimore Cooper, the author of the famous novel Last of the Mohicans, is now on the market for $11.9 million. The property, called the Hamilton-Holly House, has housed an impressive cast of characters. It was built in 1831. Its first owner...
Editorial SupplementsGreen Building

Con Ed to customers: Be ready for Hurricane Joaquin

REW
With heavy rain and windy conditions expected over the next several days, and the impact of Hurricane Joaquin to the north east area still uncertain, Con Edison this morning urged customers to prepare for the potential of power outages and to stay safe. Utility crews will be ready throughout the coming weekend...
SELLING POINTS: Rare Prospect Park development site now on the market; 5 Pointz neighbor for sale
Deals & DealmakersEditorial Supplements

SELLING POINTS: Rare Prospect Park development site now on the market; 5 Pointz neighbor for sale

REW
●TERRA CRG Prospect Park ‘sweet spot’ up for sale One of the last remaining, sizable development opportunities in Brooklyn’s Prospect Park is being offered for sale through Terra CRG. Ofer Cohen and Melissa Warren are representing the sellers of the site valued at $40 million. The property will be delivered...
Strong labor market contributes to steadily increasing commercial real estate sales
Editorial Supplements

Strong labor market contributes to steadily increasing commercial real estate sales

REW
By Nat Kunes – VP of Product at AppFolio. During Q3 the National Association of Realtors® (NAR) released its quarterly commercial Real Estate forecast. The analysis measured a variety of economic factors to more accurately predict the upcoming trends in the commercial Real Estate sector. At the time, all signs...