News/Events
KeyBank Expands to 113K SF at Elecor’s 1301 Avenue of the Americas
A major banking institution has added 15,292 square feet to its Manhattan office footprint, Commercial Observer has learned. KeyBank signed a 15-year deal to renew its existing space and expand to 112,924 square feet at Elecor Properties’ 1301 Avenue of the Americas across the entire 35th, 36th and 37th floors, as well as portions of…
Mac Cosmetics’ SoHo Flagship Relocates to 5K SF at 579 Broadway
Mac Cosmetics has selected a new foundation in Manhattan’s SoHo neighborhood. The global makeup brand signed a 5,325-square-foot lease at 579 Broadway between Prince and East Houston streets to host its next flagship location in the trendy shopping corridor, according to an announcement from landlord broker Newmark. The deal represents a relocation of just two…
Law Firm DLA Piper, Insurance Group Ascot Ink Deals at 1251 Avenue of the Americas
Two office tenants at Mitsui Fudosan America’s 1251 Avenue of the Americas are extending or expanding their footprints, Commercial Observer has learned. Law firm DLA Piper expanded by 41,600 square feet on the entire 29th floor of the Midtown building with an 8.5-year term, bringing the law firm to a total of 210,000 square feet…
Cellular Provider InfiniG Secures $5M Seed Funding
InfiniG, an enterprise cellular platform for commercial real estate, announced Tuesday that it has raised a $5.2 million seed round. Early-stage venture capital firms J2 Ventures and Stormbreaker Ventures led the round. Los Gatos, Calif.-based InfiniG said it will use the funding to expand its mobile coverage as a service (MCaaS) product rollouts, automate mobile-operator…
Samantha Atlas of Ash Staging: 5 Questions
Staging can play a critical role in residential real estate. It helps to bring a model unit to life, and it provides potential renters and buyers with a glimpse of what their future home could look like. Successfully staging requires more than a properly positioned couch and some art on the walls. Enter Ash Staging,…
Proptech Seed Rounds This Year Are in Full Bloom
To the surprise of some, or perhaps many, proptech has reportedly drawn the largest number of $5 million to $10 million seed rounds across industries in 2026. To the surprise of no one, artificial intelligence has a lot to do with those seed rounds. According to a Crunchbase report published July 31, at the top…
From Bankruptcy To $400M Buying Spree: Michael Shah's Rapid Comeback
Shah is back doing "crazy stuff to get deals done."
LA City Council Approves Plan To Let Olympics Projects Sidestep CEQA
LA approved a plan letting Olympic projects bypass CEQA, but what still needs to be constructed for the "no-build" Games is unclear.
Pace Of NYC Housing Construction Plunges As Developers Play Small Ball
NYC struggles with housing goals as new projects fall 52%. Developers shift to smaller units, posing challenges.
