NYC Real Estate News

Mon, 01/06/2020 - 13:50
Mayor Bill de Blasio’s signature effort to rezone swaths of the city to spur housing development and the construction of in order to relieve the affordability crisis has hit .  Several sources say...

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Mon, 01/06/2020 - 13:46
Rendering of new entrance on 8th Avenue to Penn Station via Gov. Andrew Cuomo’s office Gov. Andrew Cuomo is returning to one of his favorite infrastructure proposals: the overhaul of Penn Station. During an event on Monday hosted by the Association for a Better New York, the governor announced plans to build the Empire Station Complex, a station that would link a modernized Penn Station, the soon-to-be-open Moynihan Train Hall, and a new terminal one block south of the existing site. The plan, first introduced by the governor in 2016, would add eight new tracks and increase train capacity by 40 percent […]
Mon, 01/06/2020 - 13:40

Queens is getting a new tech-driven brokerage. Commercial real estate broker Michael Wang, who co-chairs the real estate committee at the Queens Chamber of Commerce, announced the launch of Project Queens last week. The brokerage will focus solely on commercial real estate in Queens. A representative for the brokerage said its technologies include the use of geofencing data to analyze market demographics and find development opportunities, digital displays on properties to increase engagement and “highly

The post New “tech-driven” commercial brokerage coming to Queens appeared first on The Real Deal New York.

Mon, 01/06/2020 - 13:30
Gov. Andrew Cuomo announced Monday that his administration would move this year to build a long-envisioned rail terminal on the block below Pennsylvania Station—and pay for it by diverting tax...

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Mon, 01/06/2020 - 13:18
Put off by , a handful of tenants are ditching the coworking giant for a more traditional office arrangement.  Sircle Media, One Search New York and Basis Research have all recently negotiated deals...

To view the full story, click the title link.
Mon, 01/06/2020 - 13:18
Put off by , a handful of tenants are ditching the coworking giant for a more traditional office arrangement.  Sircle Media, One Search New York and Basis Research have all recently negotiated deals...

To view the full story, click the title link.
Mon, 01/06/2020 - 13:17
New York’s subways were plagued by delays Monday as thousands of commuters returned from their New Year’s holiday to find signal breakdowns on 10 train lines. “Expect longer waits for trains and...

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Mon, 01/06/2020 - 13:17
New York’s subways were plagued by delays Monday as thousands of commuters returned from their New Year’s holiday to find signal breakdowns on 10 train lines. “Expect longer waits for trains and...

To view the full story, click the title link.
Mon, 01/06/2020 - 13:05

UPDATED, 1:59 p.m., Jan. 7: Long Island City may have famously lost out on Amazon in 2019, but the neighborhood still dominated the Queens office market by a wide margin. Eight of the top 10 largest office leases in Queens last year — including the top six — were in the neighborhood. No. 1 was a nearly 500,000-square-foot lease from Centene at 1 Court Square, while second place went to Macy’s, which inked a 300,000-square-foot

The post LIC dominated Queens office leases in 2019 appeared first on The Real Deal New York.

Mon, 01/06/2020 - 12:50
Image courtesy of Pantone Since 2000, the Pantone Color Institute graphics company has chosen a Color of the Year, and the 2020 hue is PANTONE 19-4052 TCX, otherwise known as “Classic Blue.” The blue hue is indeed a classic–a primary color that’s simple, bright, and doesn’t pull any punches. It calls to mind blueberries, nautical motifs, and, yes, Facebook. Below are some ideas for putting a pop of this cheery color in your space and your life, from apartment-friendly sofas and chairs to necessary accessories like a self-cleaning water bottle. All of these products have been hand-selected by team 6sqft. We may receive a commission for purchases […]