Meta to spend $3B to shrink office footprint
The parent company of Facebook, Instagram and WhatsApp is slashing its office footprint — and spending hugely to do...
Silicon Alley
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Facebook signs out of Midtown South
Facebook is ditching one of its earlier Manhattan office spaces in another sign that Big Tech’s appetite for real estate is not as all-consuming as it was a few years ago. The company, now...
By the numbers: Union Square’s building blitz
From the June issue: Union Square — an already thriving slice of Manhattan — is getting an injection of new development....
Hulu streams into Flatiron District
On-demand video streaming service Hulu is taking new digs in the Flatiron District, The Real Deal has learned. Hulu signed a lease for more than 20,000 square feet at 79 Fifth Avenue, a 273,000-square-foot...
Software firm triples space in Silicon Alley
Software and data analytics firm Varonis Systems has tripled its space at 1250 Broadway, taking two additional floors in the...
Cushman & Wakefield launches online tool for tech startups
Cushman & Wakefield launched a new online tool today designed to help tech startups navigate the New York City office rental...
DelShah grabs Chelsea commercial building for $26M
Real estate investment firm DelShah Capital bought a six-story commercial building in Chelsea for $26.4 million, according to property records...
Silicon Alley rents up 44 percent over past two years
Office rents along Silicon Alley, Midtown South’s booming tech hub, have increased by 44 percent in the past two...
Stringer wants affordable housing to foster NYC’s techie talent
New York needs to curb its housing costs if it wants to keep attracting young tech talent and grow...
Tech booms in 568 Broadway thanks largely to stagnant office market
More than a mile south of New York’s “Silicon Alley,” a single building on Broadway in Soho has become...