450 Park Ave. sees uptick in leasing activity
450 Park Ave. is seeing an influx of leasing activity, as two tenants are relocating to the 33-story, 334,000-square-foot...
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Investment in trophy office towers in NYC drops off
Sales of trophy office towers are fast fading from the New York City real estate market. Investment firms have...
Crown, Oxford finalizing $545M purchase of 450 Park Avenue
UPDATED, 1:14 p.m., May 21: The Chera family’s Crown Acquisitions, along with the large Canadian investment firm Oxford Properties Group, are...
Canadian pension fund unit to buy 450 Park Avenue
Canadian investment firm Oxford Properties Group, a division of the Ontario Municipal Employees Retirement System, is under contract to acquire...
Big Downtown leases net almost no income
From left: Steve Coutts, 499 Park Avenue (source: PropertyShark), 450 Park Avenue (source: PropertyShark), 1114 Sixth Avenue Downtown landlords who inked major leases in Class A buildings last year made practically no money on...
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...