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New York

Trophy office buildings see drop in rents, 737 Park Avenue sees price jumps … and more

737 Park Avenue
737 Park Avenue

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1. Trophy office buildings see rents drop for the first time since 2010 [NYP, 1st item]
2. 737 Park Avenue sees price jumps [NYO]
3. Chestnut Holdings organizes competing rally in the Bronx to drown out tenants’ protests [DNAinfo]
4. Hedge fund KLS Diversified takes 16,000 square feet at 452 Fifth Avenue [NYP, 2nd item]
5. Know thy neighbor: The rise of new social network Nextdoor [NYDN]
6. Behind Cushman & Wakefield’s decision to hire Ronald Lo Russo [WSJ]
7. Pick up a piece of last week’s meteor on Russia’s Craigslist [Business Week]
8. Readers weigh in on the state of their blocks [NYT]
9. Gowanus artists call for boycott of Marriott’s Fairfield Inn on Third Avenue [DNAinfo]
10. Community job center in Bensonhurst is beacon for immigrant laborers [NYT]
11. Where the One Percent choose to buy their pied-a-terres: PHOTOS [Forbes]
12. Jersey Mike’s Subs inks first two New York City leases [WSJ, 2nd item]