Heading back to a small firm 06/30/08 Core Group Marketing hired the former director of sales for Ian Schrager's 40 Bond Street, a decision largely dependent on his experience in resales, Kirk Rundhaug said. The bro...
Cheap digs help office market 06/30/08 In the face of an anticipated slowdown across the office market,
Midtown's Class B leasing activity soared in the first fi...
Selling in pieces 06/30/08 As the credit market tightens, demand is slowing for multi-property
portfolios — the most expensiv...
Scooping up 'golden' certificates 06/26/08 From the June issue: A certain kind of document, formed by an
agreement between low-income developers and the Housing Preservation
Department, gives developers until June 30, ...
Conde Nast holds bigwig forum 06/26/08 While a panel discussion hosted by Conde Nast Portfolio today had a
far-reaching title, "The Impact of T...
Racing to dig before 421-a code changes 06/25/08 From the June issue: Builders around the city are racing to get
projects started in order to beat a looming deadline. Upcoming changes
...
Regus Group takes 40,000 sf in Times Square 06/25/08 London-based business center-operator The Regus Group has signed a 39,864-square-foot lease at 1501 Broadway in Times Square. Regus finishes and subdivides office space for smal...
Commercial brokers turn to subleasing 06/24/08 From the June issue: With job losses announced and more
predicted in the financial services industry and at businesses hit by
its fallout, ...
Getting a jump on the downturn 06/17/08 From the June issue: A California-based liquidation and auction
house has created a New York-based division to service investors in
distressed real estate, entering a competit...
Broker takes last 40 Bond unit with him 06/13/08 When Kirk Rundhaug, former director of sales for Ian Schrager's 40 Bond Street, moved from Corcoran Sunshine to Core Marketing Group last month, he took the last remaining listi...
Web hits: The month in review 06/05/08 Core sued by former broker
A former Core Group Marketing agent is suing the company and its key players for allegedly cheating him out of mo...
Office tenants waiting for market to bottom 06/05/08 From the June issue: Despite a slowdown in leasing and an increase in vacancy in Manhattan's office market, asking rents continued to increase in April, according to data from C...
Scooping up 'golden' certificates 06/02/08 While the pending June 30 deadline date has caused a critical drop in the value of undeveloped sites that will no longer qualify for 421-a abatements as
of right, it has had t...
Racing to dig before 421-a code changes 06/02/08 Builders around the city are racing to get projects started in order to beat a looming deadline.
Upcoming changes in the 421-a tax abatem...
Office tenants waiting for market to bottom 06/02/08 Despite a slowdown in leasing and an increase in vacancy in Manhattan's
office market, asking rents continued to increase in April, accordin...
Commercial brokers turn to subleasing 06/02/08 Go to chart: Class A sublease availabilityWith job losses announced and more predicted in the financial services industry and at businesses hit by its fallout, New York is seein...
Grabbing the grads 06/02/08 Just in time for the 2008 summer rental market, Century 21 NY Metro has formed a marketing partnership to take advantage of an important seasonal demographic shift in the city: ...
Getting a jump on the downturn 06/02/08
A California-based liquidation and auction house has created a New York-based division to service investors in distressed real estate, entering a competitive marketplace that ...
Hudson Yards deal declared dead 05/13/08 The MTA has declared a $1 billion deal with Tishman Speyer to develop Hudson Yards dead, despite a last-ditch effort today to revive it. "The MTA met today with Tishman Speyer. ...