News/Events
Shorenstein to Buy Fully Leased SoHo Office Property From Tishman Speyer
Tishman Speyer is selling the 12-story, 155,000-square-foot office building at 148 Lafayette Street in SoHo, at the corner of Lafayette and Howard streets, to Shorenstein Properties for around $135 million. The Real Deal was first to report the sale. The deal was repped by Newmark‘s Adam Spies, Doug Harmon, Adam Doneger, Marcella Fasulo, Avery Silverstein…
Digital Financial Services Firm Zip Takes 13K SF at Rudin’s 41 Madison Avenue
Zip, a digital banking company, is relocating to a new office space, Commercial Observer has learned. The firm, which is currently located at 245 West 17th Street in Manhattan’s Chelsea neighborhood, will move in April 2027 to Rudin’s 41 Madison Avenue in NoMad, where it will occupy 13,394 square feet across the entire 18th floor,…
Get to Know the Broker: Ian Slater of Compass’ Trove Partners
Founded in 2024 by real estate advisers Michael Koeneke and Ian Slater, Trove Partners is all about helping clients make a home in some of the most beautiful properties in New York City and the Hamptons in Long Island. Slater has spent 10 years in residential real estate advisory, becoming a top broker at Compass…
Warehub Founder James Holbrook On Industrial’s Flexibility Needs
U.S. industrial real estate spent much of the pandemic defined by tenants racing to secure as much warehouse space as they could for as long as they could. Those days are long gone. The market has reset and normalized, but occupiers have not gone back entirely to the old playbook. Logistics users are increasingly focused…
The Problem With Fake Buyers
“Hello Mister,” the email began. “I would like to look at this property and also other similar properties with a pool, a garage, and a bathroom in the Upper East Side, SoHo or Long Island.” This was an inquiry on a $700,000 studio in Greenwich Village. The email address was mrspookieduck@hotmail.com. I did not need…
Data Center Leaders Aren't Sweating Calls For An AI Slowdown
AI CEOs are calling for a pause on developing the most advanced AI models. But a slowdown would be unlikely to derail the data center building boom.
NYC Lawmakers Consider Mandating Lease Extensions For Retailers
NYC Council seeks to stabilize retail leasing amid challenges. Critics worry the new bill may backfire, affecting tenants and landlords alike.
Healthpeak Secures Approval For $4.5B Alewife Project
The Cambridge Planning Board approved the 5M SF Alewife development plan, including housing, lab space and new infrastructure.
NYC Pushes To Use Opportunity Zone 2.0 For Mamdani's Housing Goals
NYC aims to use OZ 2.0 to meet Mamdani's ambitious housing goals, focusing on development and preservation of affordable units.
