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WeWork will renovate the UBS office in NJ

WeWork will renovate the UBS office in NJ

WeWork has scored its biggest design deal yet. The company’s Powered by We division will spearhead the renovation of the UBS office in Weehawken. WeWork launched the venture last year to offer expertise on real estate,...

WeWork will renovate the UBS office in NJ
Hersha and Cindat close $385M loan for Manhattan hotel portfolio

Hersha and Cindat close $385M loan for Manhattan hotel portfolio

Hersha Hospitality Trust and Cindat Capital Management secured a $385 million loan from UBS and China Merchants Bank for...

Hersha and Cindat close $385M loan for Manhattan hotel portfolio
Westchester & Fairfield Cheat Sheet: Stamford’s largest empty office space sells for $33M, developers in Yonkers ordered to abide by union labor rules … & more

Westchester & Fairfield Cheat Sheet: Stamford’s largest empty office space sells for $33M, developers in Yonkers ordered to abide by union labor rules … & more

Westchester & Fairfield Cheat Sheet: Stamford’s largest empty office space sells for $33M, developers in Yonkers ordered to abide by union labor rules … & more
New York City not in danger of housing bubble: UBS

New York City not in danger of housing bubble: UBS

Vancouver and London topped a list of cities most at risk of a housing bubble, according to UBS Group’s...

New York City not in danger of housing bubble: UBS
Spare a quarter? Manhattan office rents less than 50 cents off from 2008 peak

Spare a quarter? Manhattan office rents less than 50 cents off from 2008 peak

The average asking rent for Manhattan office space continued to climb during the second quarter to within pennies of...

Spare a quarter? Manhattan office rents less than 50 cents off from 2008 peak
UBS renews, downsizes at Fisher Brothers’ 299 Park

UBS renews, downsizes at Fisher Brothers’ 299 Park

UPDATED, 6:08 p.m., March 4: Zurich-based UBS AG is further reducing its space at 299 Park Avenue. The bank signed...

UBS renews, downsizes at Fisher Brothers’ 299 Park
CalPERS to sign $1.9B contract for AXA’s 787 Seventh

CalPERS to sign $1.9B contract for AXA’s 787 Seventh

CalPERS, a California pension fund, is negotiating a $1.9 billion contract to pick up a Midtown office tower at...

CalPERS to sign $1.9B contract for AXA’s 787 Seventh
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RXR close to inking $1.7B contract to buy 1285 Sixth

Scott Rechler’s RXR Realty is close to entering contract to buy a 39-story office tower at 1285 Sixth Avenue...

RXR close to inking $1.7B contract to buy 1285 Sixth
UBS real estate fund to take stake in Americas Tower

UBS real estate fund to take stake in Americas Tower

A real estate fund managed by UBS Global Asset Management is in contract to purchase a minority stake in...

UBS real estate fund to take stake in Americas Tower
From left: 11 Madison Avenue and Joseph Harbert

Big banks sticking put, passing on new office towers

More marquee financial companies are choosing to stay in their current office locations rather than upgrading to Manhattan’s much-trumpeted...

Big banks sticking put, passing on new office towers
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