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Real Estate Roundup 9.6.19

1552 Broadway (Credit: SNA Displays)

Real Estate Roundup

Relevant real estate election resultsBallot question No. 5 passed overwhelmingly… It amends the city’s Uniform Land Use Review Procedure (ULURP), which gives borough presidents and community boards more time to review project summaries for developments subject to ULURP, and requires that project summaries be posted online. (NYTimes+CurbedNY)

Transfer tax revenue suffering from apartment building sales slump. (NYPost)

JLL reports strong earnings after HFF deal. (TRD)

NYPost tallies current occupancy and lease commitments at 11 major new, ground-up Manhattan office properties that either recently opened or will open soon…. Of a total of 20.84 million square feet in all the projects, some 17.6 million square feet — or 84.5 percent — are either occupied by tenants or have signed leases to move there in the immediate future. (NYPost)

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