News/Events
Yves Saint Laurent to Open Store at Kering’s 717 Fifth Avenue
Luxury French fashion house Yves Saint Laurent will open a new store at 717 Fifth Avenue, a new report revealed. According to a market report released by CBRE, the Kering-owned fashion house, once known as YSL for its founder, the late Yves Saint Laurent, will open in nearly 9,600 square feet in the base of…
Hurricane Isaias Puts More Than $40B In Multifamily Property In Its Path
Isaias is set to hit the Gulf Coast, projected to impact almost $72B in commercial properties in Alabama, Florida and Mississippi.
KKK Headquarters To Cultural Hub: $70M Project Bets On Fort Worth Northside Revival
Some in Fort Worth wanted to demolish the former KKK HQ, but Transform 1012 plans to convert it into a cultural center that could help with a Northside revival.
Braemar Inches Closer To Ashford Breakup With $372M Hotel Sale
Braemar sold the Four Seasons Resort Scottsdale for $1.8M per key, which it says will allow it to complete its breakup with its manager, Ashford.
Workers At 6 Chicago Hotels Go On Strike Ahead Of Chicago Marathon
Unionized workers at six hotels across the city walked off the job Friday morning amid negotiations for improved wages, benefits and worker protections.
Northern Virginia Office Vacancy Falls Again as AI, Defense Demand Builds
Northern Virginia’s office market continued to tighten in the third quarter as more demand from artificial intelligence, technology and defense tenants bolstered weaker leasing activity. The market posted 672,378 square feet of positive net absorption during the quarter, reversing losses from the first half of the year tied to buildings being removed from the market,…
S3 Capital Supplies $20M for Boutique Miami Beach Condo
Trinity Southern has closed on the purchase of a development site and nabbed a $19.5 million construction loan for a boutique condo development on the waterfront in Miami Beach, property records show. S3 Capital provided the financing for the eight-story development, called Twenty Nine Indian Creek, at 2901 Indian Creek Drive in the Mid-Beach neighborhood,…
Manhattan’s Office Sector Has Become the Corporate World’s Surest Bet
With every new Manhattan office report of late, the good news flows like lava. Leasing volume was up 2.3 percent in the third quarter from the same time last year. Vacancy was at 12.6 percent — the lowest level since before 2020 — down from 13.1 percent at the end of the second quarter and…
Proposed EPA Rule Change Could Cut Months From Timelines Of Projects Near Wetlands
State-level regulations would still be in place, setting up a patchwork of rules for developers to follow.
