Category : Featured

Sutton Place supertall gets go-ahead
Deals & DealmakersFeatured

Sutton Place supertall gets go-ahead

REW
Jonathan Kalikowʼs Gamma Real Estate has been given the go-ahead to build its 800 ft. tall Sutton Place skyscraper. The cityʼs Board of Standards and Appeals yesterday (Tuesday) approved the developer’s proposal for a 64-story apartment building following years of controversy over the site. Neighbors formed the East River Fifties...
Deals & DealmakersFeatured

Knakal shown the door at Cushman & Wakefield

REW
Veteran commercial real estate executive Bob Knakal parted ways with Cushman & Wakefield this week, reportedly after the firm got wind he was in talks with other brokerages. “I can confirm that Cushman & Wakefield terminated its relationship with Bob Knakal effective immediately,” a company spokesperson told Real Estate Weekly....
The biggest issues facing NYC’s residential market
FeaturedResidential

The biggest issues facing NYC’s residential market

REW
New York City’s residential market is no stranger to ups and downs, as veterans of the business know all too well. External factors, like the current low unemployment, high tourist numbers, GDP rates up, and all-time high population would lead most people to view the real estate market as thriving...
Discovery to open Park Avenue headquarters
Deals & DealmakersFeatured

Discovery to open Park Avenue headquarters

REW
The Discovery entertainment company has signed a 360,000 s/f deal with TF Cornerstone at 230 Park Avenue. The real life media behemoth will consolidate several of its existing New York office locations into the new space, with a targeted move in date beginning in Fall of 2019 and continuing through...
As e-commerce grows, New York City’s industrial market booms
Deals & DealmakersFeatured

As e-commerce grows, New York City’s industrial market booms

Kyle Campbell
E-commerce demands have New York City’s industrial market on the rise. With at least seven multilevel distribution centers likely to break ground in Brooklyn, Queens and the Bronx in the coming years, the scramble for last-mile supremacy has developers quite literally taking the warehouse market to new heights. Once thought...
August deadline looming for landlords to set smoking policies
FeaturedResidential

August deadline looming for landlords to set smoking policies

REW
Once common in bars, restaurants, airplanes and even hospitals, smoking has been steadily disappearing from American life for the past half-century. As such, the sight of a lit cigarette indoors can be jarring, especially for younger generations. Like someone using a pay phone or wearing an ascot, it just seems...
Millennial migration changing workplace norms
FeaturedOffice Market

Millennial migration changing workplace norms

REW
The nation’s biggest corporations are on the move, setting up offices in major cities as well as second- and third-tier metro markets throughout the country. With each flag they plant, companies like Amazon and Google position themselves to compete for millennial workers.
Developers conquer whatʼs left of a rugged landscape across the Hudson
FeaturedResidential

Developers conquer whatʼs left of a rugged landscape across the Hudson

REW
Let’s play Guess That Neighborhood: Today’s location is a former industrial hub that has evolved into a high-end residential and retail district with a burgeoning art scene that includes a tribute to the late, great David Bowie. If you said Soho you’d be correct, but also incorrect. See, this is...