NYC Real Estate News

Tue, 12/10/2019 - 12:34
Renderings courtesy of CetraRuddy Stockholm-based photography museum Fotografiska is opening its first stateside outpost in New York City this month. Housed inside the former Church Missions House at 281 Park Avenue South, the organization will bring 45,000 square feet of exhibition and event spaces, alongside a restaurant inspired by European “grand cafés.” New York firm CetraRuddy led the restoration and redesign of the landmarked space, working with Higgins Quasebarth & Partners to preserve the stained-glass windows and limestone and granite facade of the Renaissance Revival building. Key elements of CetraRuddy’s design include three floors of galleries and a versatile event venue on the top floor […]
Tue, 12/10/2019 - 12:30

“They paved paradise to put up a parking lot,” Joni Mitchell famously sang. However, in hot real estate markets, we’re well past that. Developers, desperate for prime land upon which to build, are increasingly eyeing parking lots, and that has caused trading activity of such assets to soar. In 2016, for example, there were over 200 sales of parking lots, according to CoStar Group data cited by the New York Times. That’s more than double

The post They paved paradise to sell a parking lot appeared first on The Real Deal New York.

Tue, 12/10/2019 - 11:45

Manhattan office leasing is closing in on a strong finish to the year, as Facebook’s massive Hudson Yards deal pushed November’s leasing activity to a 5 percent increase year-over-year. The social media giant’s 1.5 million-square-foot lease across 30, 50 and 55 Hudson Yards accounted for nearly 40 percent of the island’s 3.87 million square feet of office space leased last month, according to the latest market snapshot report from Colliers International. “We are very close

The post Big tech puts Manhattan office leasing within reach of annual record appeared first on The Real Deal New York.

Tue, 12/10/2019 - 11:45
Photo by @lordmaui via Unsplash Nobody appreciates a great gift like a child, but New York City kids are a tough audience. They’ve already got the world at their feet, even if they’re not possessed of a pile of material goods. Fortunately, there are lots of options for cool presents for your favorite pint-sized architects, athletes, fashionistas and foodies as well as the Big Apple babies on your list. Check out our list below for a handful of gift ideas for New York City kids. All of these products have been hand-selected by team 6sqft. We may receive a commission for purchases made […]
Tue, 12/10/2019 - 11:29
It hasn’t gotten a lot of attention because the stock market is flirting with record highs, but in September a key part of the global financial system started flashing code-red for reasons no one...

To view the full story, click the title link.
Tue, 12/10/2019 - 11:26
New York is becoming more of a global technology hub, as industry giants tap into the workforce of a region long known as a banking and media stronghold. News late last week that Amazon.com Inc....

To view the full story, click the title link.
Tue, 12/10/2019 - 11:26
New York is becoming more of a global technology hub, as industry giants tap into the workforce of a region long known as a banking and media stronghold. News late last week that Amazon.com Inc....

To view the full story, click the title link.
Tue, 12/10/2019 - 11:16
Exxon Mobil prevailed Tuesday in a lawsuit accusing the energy giant of downplaying the toll that climate change regulations could take on its business, with a judge saying the state attorney...

To view the full story, click the title link.
Tue, 12/10/2019 - 11:15
Photo of Newark, NJ by Paul Sableman on Flickr Update 12/10/19: After a long negotiation in federal court on Monday, Newark and New York have agreed to suspend the SOTA Program, Politico reported. “In the spirit of productive conservations and with the goal of moving toward an improved program, we will be temporarily pausing placements in Newark,” de Blasio spokesperson Freddi Goldstein said in a statement. New York City will also send Newark a list of participants of the program and their addresses once an agreement is reached.  Newark officials are suing New York City and Mayor Bill de Blasio […]