Big money places bets on a flexible office corporate shake-up
As the landscape of flexible offices grows, landlords, realtors and, most notably, investors are buying into the concept.
Category : Office Market
Speyside Equity leases penthouse at 145 E. 57th Street
The 12-story, 64,000 s/f “curated” office property is located along Billionaires’ Row. The penthouse is a newly constructed “glass box” addition to the building and features 14-foot ceilings and a private terrace with river to river views.
Jumbo deals pushed Midtown leasing to two-decade high in 2017, more action expected in 2018
Tenants were drawn to large, new spaces Downtown and in Midtown West. In total, 39.5 million s/f of office space was leased or renewed last year.
Health, fitness co-working firm Primary adds second floor at FiDi office tower
Launched in 2016 with a 25,000 s/f space in that same building, Primary adds an athletic twist to the share office concept pioneered by WeWork.
Co-working company Servcorp gets $30M cash injection
Servcorp has been profitable since its inception 40 years ago, offering private offices, virtual offices and more recently co-working.
How tax reform package could impact commercial real estate
Some proponents claim the tax cuts will lift real, annual GDP growth closer to 3% from the approximately 2% that has prevailed during the current expansion.
The Raine Group signs 15-year lease for two floors at Park Avenue Tower
The Raine Group, known for its deals in the world of sports and media, inked a deal of its own, signing a 15-year lease for two floors at Park Avenue Tower.
Architecture firm nabs three floors in One Willoughby Square
FXFOWLE enjoyed its latest project, a 34-story office building in Downtown Brooklyn, so much that it’s decided to lease space there—three full floors, to be exact. The Chelsea-based architecture firm signed a 15-year lease for at total of 40,000 s/f at One Willoughby Square, a half-million square foot high-rise being...
LPC okays new plan for Williamsburg’s Domino refinery building
The 400,000 s/f space will be restructured to provides greater public access, including an open-air plaza and new waterfront, as well as modern work space.
SIOR draws historic crowd to Fall World Conference in Chicago
The international conference drew 950 commercial real estate professionals from 20 different countries to The Palmer House Hilton in Chicago.