Cushman & Wakefield CEO Glenn Rufrano and Toys “R” Us in Times Square

Toys “R” Us plans to vacate its signature 100,000-square-foot space in Times Square — Ferris wheel and all — by 2016, Crain’s reported. [more]

Isaac Toussie and Cushman & Wakefield’s Ted Stratigos

Long Island landowners Robert and Isaac Toussie are marketing more than 200 acres of vacant commercial and industrial land in Suffolk County, according to a release from Cushman & Wakefield, the brokerage marketing the property.

The parcels — which span the towns of Brookhaven and Islip — range in size from one acre to 73 acres. The sellers are offering the lots in a range of different stages of development, from straight land sales to build-to-suits. [more]

The Plaza Hotel

For $1.3 million, live in the “Loire Valley of Brooklyn” in this Crown Heights castle. Napster co-founder lives at the Plaza hotel for year and a half during townhouse renovation. MoMA revisiting decision to demolish American Folk Art Museum. Hidrock Realty’s foray into hotels turns heads. Workers start to fix Carroll Street Bridge in Brooklyn. Read these stories and more after the jump.

From left: Nat Rockett and Helen Hwang of Cushman & Wakefield and 151 Maiden Lane

A waterfront Financial District site — with no height restrictions on a possible development — has hit the market and will likely ask between $62 million and $75 million, The Real Deal has learned. [more]

1250 Broadway

Luxembourg-based office suite titan Regus has inked a 15,000-square-foot lease at 1250 Broadway, which is the company’s latest in a leasing streak, Crain’s reported. Rents at the space are in the $50s per square foot.

Regus has inked at least four deals recently, Crain’s said. One happened last month at 101 Sixth Avenue, where the company took 32,000 square feet. In the weeks leading to up that Tribeca deal, the company signed for more than 60,000 square feet at Brookfield Place in the Financial District. [more]

Causeway Bay in Hong Kong

Hong Kong is hanging on to its lead over New York City as home to the priciest retail space in the world, according to a report from CBRE Group cited by Reuters.

The flashy shopping hub has 50 percent higher retail rent than similar districts, including Manhattan’s most expensive retail stretch, Fifth Avenue from 49th to 59th streets. In high-end shopping areas in Hong Kong, the city averaged $4,328 per square foot.New York took second place among the most expensive global retail markets, with its prime rents averaging $2,970 per square foot, Reuters said. [more]

Cushman & Wakefield’s Bruce Mosler and Brookfield’s Jeremiah Larkin at the Manhattan West construction site

From the May issue: Only a few times in modern Manhattan history has an entirely new office district sprung up all at once. In the 1930s, there was Rockefeller Center; the 1970s saw the World Trade Center complex; and today, developers are planning nearly 15 million square feet of new office space in the Hudson Yards area in the 30s on the Far West Side.

The new projects expected to rise over the next decade include the Related Companies’ North and South towers at Hudson Yards, Extell Development’s One Hudson Yards, Brookfield Office Properties’ Manhattan West and Moinian’s 3 Hudson Boulevard. [more]

Isaac Hendricks House (Source: StreetEasy)

West Village 18th-century farmhouse listed for $6.9 million. Cushman & Wakefield hired as leasing agent for One Seaport Plaza. Hunter’s Point South waterfront park to open in July in Queens. Spire lifted atop WTC at poignant ceremony. Ludlow Street mainstay Max Fish eyeing Brooklyn move. Read these stories and more after the jump.

Brian Zoubek with teammates

From the May issue: An acclaimed basketball player is entering the big leagues … of real estate, that is. Former Duke University center Brian Zoubek, 25, this month will join commercial brokerage Cushman & Wakefield as an associate broker, working with top Cushman executive Bruce Mosler, The Real Deal has learned.

The seven-foot-one New Jersey native played four seasons for Duke University’s Blue Devils, a Division I team that won the NCAA championship Zoubek’s senior year. [more]

112 West 34th Street (credit: PropertyShark)

Retail rent in the West 34th Street neighborhood has now officially topped $1,000 a square foot, Crain’s reported.

Swiss watch maker Swatch Group just inked a 10-year deal for 1,800 square feet at 112 West 34th Street, where the asking rent was $1,000 per square foot. The storefront, between Broadway and Seventh Avenue and directly across from Macy’s, formerly housed a Billabong clothing store. [more]