Gural, Metro Loft in contract for 25 Water Street
Metro Loft Management and Jeffrey Gural are in contract to buy 25 Water Street, The Real Deal has learned....
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Daily News lists half Downtown HQ space for sublease
The New York Daily News put half its 4 New York Plaza headquarters space on the sublease market, barely...
Hines to spearhead $60M overhaul of Sandy-stricken 4 New York Plaza
Sandy-battered 4 New York Plaza has tapped developer Hines to carry out a $60 million overhaul of the building,...
Sandy-ravaged 4 New York Plaza reopens
4 New York Plaza, a 1.07-million-square tower that is home to the New York Daily News, has reopened after being battered by Hurricane Sandy, the New York Post reported. “We are reopening today,” Mark...
Eastdil Secured leads in $50M-plus transactions
The Midtown-based investment banking firm Eastdil Secured brokered nearly twice the dollar volume of Manhattan’s large property transactions as...
HSBC partnership buys 4 New York Plaza for $270M
A partnership between HSBC Alternative Investments and Edge Fund Advisors has purchased the Lower Manhattan office tower 4 New...
Harbor taps CBRE to market Broad Street office tower
From left: Darcy Stacom and Bill Shanahan, vice chairmen of CBRE, and 4 New York PlazaThe 1.1 million-square-foot office...
Conde Nast better suited to 1 WTC than Midtown: Stacom
“One World Trade Center is now New York’s first address for premier corporate office tenants,” Port Authority of New...
Daily News moving to FiDi
Mortimer Zuckerman and 450 West 33rd Street (building photo source: PropertyShark) Mortimer Zuckerman’s New York Daily News and U.S. News & World Report Media Group are officially moving to the Financial District with a...
It must have been a very bad dream…
It must have been a very bad dream, which lasted the entire year. Yet it actually happened: little or no activity took place in commercial real estate in 2009. For those investment sales...