Pandemic accelerates digital real estate transformation

The pandemic has caused a seismic disruption to our industry, and nobody has been spared. Accelerated...

Madison Avenue retail sells at steep discount

Luxury clothing retailer Akris has acquired 831, 835 and, 837 Madison Avenue from the family of Myles Lowell for $45...

Lendlease buys Greenpoint development site

Lendlease and Australian pension fund Aware Super have acquired a development site at 18 India Street in Greenpoint from JZ...

Thomson Reuters explores sale of 3 Times Square

Thomson Reuters is exploring the sale of its 50% stake in Manhattan office tower 3 Times Square,...

Airbnb aims for $30 billion valuation at IPO

Airbnb is aiming to raise around $3 billion in its upcoming initial public offering in December, Reuters...

Prime Storage Group acquires Six South Bronx facilities

Prime Storage Group has acquired an assemblage of six properties in the Highbridge section of the South...

Jason Carter buys condo project out of bankruptcy

Jason Carter has acquired a stalled condo conversion project at 305 East 61st Street via bankruptcy auction...

Joshua Zinn buys LIC development site

Joshua Zinn’s Botanic Properties and the Carlyle Group have acquired a development site at 24-02 Queens Plaza South in LIC...

Amazon plans new fulfillment centers to accommodate e-commerce growth

Amazon said it would open 100 facilities, including fulfillment centers, delivery stations, and sorting centers this month...

Facebook snatches up another Bellevue Campus

Facebook is buying Recreational Equipment’s new headquarters in Bellevue, Washington for $367.6 million, according to the Wall...