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Acquisitions

Real Estate News Roundup – 6.21.19

Rendering of The Spiral (R) (Credit: BIG / Tishman Speyer)

Leasing 

Collins Building Services expands its lease to 30,760 square feet at 24-01 44th Road in LIC. (CO)

Tech firm Olo leases 36K SF in 1 WTC (CO)

Citigroup, Deutsche Bank leaving vast Financial District spaces. (NYPost)

Krispy Kreme will open a commissary at Zerega Industrial Park in the Bronx. (CO)

Politics 

Andrew Cuomo is pushing to exempt New York City from a bill advocated by building-trade unions that would expand the definition of public works that require a prevailing wage. (WSJ)

Other news 

Real Estate stocks rise to new highs. (WSJ)

Starrett-Lehigh building gets major upgrades — and new name. (NYPost)
Plans for Harry Macklowe’s Tower Fifth in Midtown include Venezuela consulate. (NYPost)

Tax-Haven wedding venues become retiree investors’ nightmare. (Bloomberg)

Startup Cadre lost a top executive in its investments team… Tom Stults follows Connor Lewis who left earlier this year. (Bloomberg)

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