Office Real Estate


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(iStock/Illustration by Alexis Manrodt for The Real Deal)
National Weekend Edition

AmEx to employees: Don’t leave home…until Labor Day

It’ll be another winter, spring and summer at the home office for American Express employees in the U.S. The...

AmEx to employees: Don’t leave home…until Labor Day
Tishman Speyer CEO  Rob Speyer and The Spiral as seen on January 21, 2021 (Photos via Getty Images; Illustration by Kevin Rebong)

Tishman Speyer’s half-empty Hudson Yards tower tops out

The Spiral, Tishman Speyer’s 1,041-foot-tall tower across from the Hudson Yards megaproject, is getting closer to completion. The 2.85-million-square-foot...

Tishman Speyer’s half-empty Hudson Yards tower tops out
From left: Isaac Zion with JMC Holdings' Matthew Cassin (left) and David Taylor (right) (Photos via SL Green; JMC)

Former SL Green exec Isaac Zion joins Acram Group

 A former SL Green exec is making moves. Isaac Zion, who had served as co-CIO for the real estate...

Former SL Green exec Isaac Zion joins Acram Group
BentallGreenOak's Dan Klebes and Avex Group's headquarters (Photos via Avex; BentallGreenOak)
National Weekend Edition

Sun Life Financial unit pays $700M for Tokyo office tower

UPDATED, Jan. 22, 2021, 11:01 a.m.: BentallGreenOak isn’t wasting any time putting into action its plan to spend billions...

Sun Life Financial unit pays $700M for Tokyo office tower
From left: 1 Park Avenue, 55 Water Street, 250 Broadway (Photos via Wikipedia, Google Maps, Eastern Consolidated)

Manhattan office availability hits record high

The office market in Manhattan finished out a bleak year with an even bleaker quarter. Manhattan’s office availability in...

Manhattan office availability hits record high
Vornado Realty Trust's deal with Facebook leads the list. (Getty, Wikimedia Commons)

NYC’s 10 most valuable office leases of 2020

 The pandemic has drastically slowed Manhattan leasing since March, curbing not only the number of deals, but also their...

NYC’s 10 most valuable office leases of 2020
Clockwise from left: 9020 Fifth Avenue, 7115-21 13th Avenue and 7601 Fourth Avenue in Bay Ridge (Google Maps)

Brooklyn medical buildings sell for $40M

A set of three medical buildings in Bay Ridge recently traded hands for more than $40 million, in what was reportedly a 1031 exchange transaction. The three buildings, totaling about 61,400 square feet, are...

Brooklyn medical buildings sell for $40M

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