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Plans call for converting more than half of the floors at the landmarked art deco office tower in Midtown to luxury residential. → Read More
Vornado Chairman Steve Roth has said the development won't go forward under current economic conditions. → Read More
Childcare is an increasingly common carrot to lure workers to their desks. → Read More
New data from Douglas Elliman shows that last year’s record rents in Manhattan aren’t going down anytime soon. → Read More
Squeezed by slow-paying clients and an evaporating supply of private sector developments, some subcontractors are starting to worry for their futures in NYC. → Read More
The borough's first supertall, Brooklyn Tower at 9 Dekalb Ave., is being marketed for sale at $600M. → Read More
The hotel, which is in a cluster of hospitality properties next to the international airport, will close in June, according to documents filed with the state. → Read More
The announcement follows a teaser dropped by NYC Mayor Eric Adams during his State of the City speech in January. → Read More
A lengthy spat over property upgrades and finding new tenants for the iconic Flatiron Building may finally be resolved in an auction. → Read More
The listing comes as its landlord has defaulted on a loan backing the building. → Read More
Approximately 1.4B SF of office space will require a repositioning or repurposing, according to a new report. → Read More
One World Trade Center is at the center of a new legal dispute, as Plaza Construction claims Durst and its tenant haven't paid a $1M construction bill. → Read More
Brian Collins has served as Silverstein's head of development for four years. → Read More
Two years of pandemic sales wiped out NYC’s condo glut — and although demand remains strong, sales are slow as buyers and sellers fail to see eye to eye. → Read More
Lenders voiced concerns about The Trump Organization’s ability to make mortgage payments at 40 Wall St. as vacancies rise. → Read More
Nationwide month-over-month rent growth turned positive in January, ending a period of declines that began in August, new data from Apartments.com shows. → Read More
Despite strong economic indicators, commercial real estate is acting as though the U.S. is already in a recession — and experts are bracing for more pain. → Read More
NYC says landlords must evict retail tenants selling cannabis without a license, or the city will pursue eviction proceedings itself. → Read More
CHIP and RSA are one step closer to their aim of challenging rent regulations in the Supreme Court. → Read More
One of New York City’s largest office landlords has defaulted on a $103M loan for one of its Midtown properties. → Read More