Category : Office Market

Private equity fund subleases 47,000 sf from Meredith Corp. on 3rd Ave
Office Market

Private equity fund subleases 47,000 sf from Meredith Corp. on 3rd Ave

REW
by REW1554
A private equity fund has subleased 47,600 s/f from Meredith Corporation at the media and publishing conglomerate’s former Third Avenue headquarters. Gen II Fund Services LLC has taken over the entire 24th and 25th floors at 805 Third Avenue on an eight-year sublease. Des Moines, Iow-based Meredith is in the...
Related unveils new lobby, courtyard at Blanchard in LIC
Construction & DesignOffice Market

Related unveils new lobby, courtyard at Blanchard in LIC

REW
by REW1983
Related Companies unveiled the new lobby and courtyard at the reimagined Blanchard Building in Long Island City. Located at 2110 51st Avenue, the seven-story, 220,000-square-foot Blanchard Building offers 35,000-square-foot floor plans and a social atmosphere featuring programming such as a current art exhibit curated by Samadhi Advisors, appealing to the...
Kaufman signs Gear Patrol as first tenant at 236 5th Ave
Office Market

Kaufman signs Gear Patrol as first tenant at 236 5th Ave

REW
by REW1908
The Kaufman Organization announced that Gear Patrol, a men’s luxury lifestyle magazine and media company, has signed a 7,500-square-foot lease to become the first tenant at Kaufman’s recently acquired 236 Fifth Avenue in the NoMad neighborhood. The New York-based firm will occupy a space on the eighth floor of the...
Broker confidence dips as leasing worries mount
Deals & DealmakersOffice MarketResidential

Broker confidence dips as leasing worries mount

REW
by REW1713
The Real Estate Board of New York’s (REBNY) Real Estate Broker Confidence Index for the first quarter of 2018 was 5.78 out of 10, a decrease of 1.21 since brokers were surveyed about the fourth quarter of 2017. The overall decline in the Real Estate Broker Confidence Index was attributable...
Blackstone’s EQ Office targets millennial tenants with portfolio makeover
Deals & DealmakersOffice Market

Blackstone’s EQ Office targets millennial tenants with portfolio makeover

REW
by REW1922
Equity Office, the office portfolio company owned by Blackstone, has rebranded itself as it repositions its $450 billion portfolio to cater to the millennial generation. Under the moniker EQ Office, the company said it is “pushing the boundaries” of the traditional commercial real estate industry to create flexible, dynamic environments...
Millennial migration changing workplace norms
FeaturedOffice Market

Millennial migration changing workplace norms

REW
by REW2089
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.