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Excuse Me, You're Blocking My Sun

June 14, 2017 - 1:21am
Australia’s rapid embrace of rooftop panels—now installed on one in four homes in some areas—has collided with another hot spot of investment, construction of apartments and homes.
Categories: Real Estate News

1031 Exchange Real Estate Tax Break Faces Extinction

June 14, 2017 - 12:55am
A much-loved tax advantage in the commercial real-estate industry is on the chopping block even as chances dim for the passage of a broad federal tax overhaul this year.
Categories: Real Estate News

Mall Tenants Play Hardball In Lease Negotiations

June 13, 2017 - 11:45am
Retailers, food and beverage operators and department store chains looking to renew their leases have been asking for more allowances from mall owners.
Categories: Real Estate News

Mall Project Denied on Former Shea Stadium Site

June 7, 2017 - 8:19am
New York’s highest court on Tuesday blocked the development of a billion-dollar shopping mall on a Citi Field parking lot in Queens, affirming a ruling that the project needs legislative approval to proceed.
Categories: Real Estate News

McCourt Global Puts Money Into Modular Construction

June 5, 2017 - 12:00am
One of New York City’s most prominent investors is betting on modular construction. McCourt Global led a group of investors in a $6 million round of funding for Brooklyn company FullStack Modular LLC.
Categories: Real Estate News

New Jersey Landlords Sweeten Perks With Ride-Hailing Subsidies

June 4, 2017 - 3:38pm
Food trucks and fitness centers are among the amenities that New Jersey office landlords have been using to attract tenants.The latest perk: Subsidies for digital ride-hailing services such as Uber and Lyft.
Categories: Real Estate News

Barclays Buys Revamped Office Complex in North Jersey

June 4, 2017 - 11:51am
A joint venture that revamped a bland New Jersey office campus into a modern complex with an amenity building, a bike-share service and walking trails has sold the property to Barclays PLC.
Categories: Real Estate News

Owners of Two Connected Midtown South Buildings Refinance Property

June 4, 2017 - 11:36am
The owners of two connected Midtown South Buildings have secured $430
Categories: Real Estate News

J.P. Morgan More Than Triples West Side Space

June 1, 2017 - 6:40pm
J.P. Morgan Chase is expanding its office space on Midtown Manhattan’s far West Side in a revamped building that has gone from being one of the city’s homeliest to a gleaming structure.
Categories: Real Estate News

China Life Buys Sprawling Portfolio of Small Market U.S. Real Estate

May 23, 2017 - 1:32am
China Life Insurance Group is buying a 95% stake in 48 commercial properties scattered throughout the U.S. in deal that values the portfolio at $950 million and highlights the growing appetite among foreign investors for real estate in markets they mostly have ignored until now.
Categories: Real Estate News

As Lower East Side Gentrifies, Condo Offers Sprawling Private Garden

May 17, 2017 - 9:42pm
Trees, tree house, hilly path, fire pits, telescopes: The One Manhattan Square condo building on the Lower East Side takes the private-garden amenity very seriously.
Categories: Real Estate News

What's Behind GE's Move From the Connecticut Suburbs to Boston

May 17, 2017 - 8:27am
Chief Financial Officer Jeffrey Bornstein says being near students was a major attraction
Categories: Real Estate News

New Jersey Ski Resort Files for Bankruptcy

May 16, 2017 - 4:09pm
Mountain Creek Resort Inc., a New Jersey ski resort less than two hours from Manhattan, has filed for bankruptcy protection, citing years of above-average temperatures, scant snowfall and missteps by prior owners.
Categories: Real Estate News

Apple Headquarters Signals Tech's Boom, Bravado

May 14, 2017 - 9:34pm
Apple Inc.’s new headquarters in Silicon Valley is the most lavish in a spate of glitzy new architectural projects by tech titans at a time when their businesses are booming and market valuations are soaring.
Categories: Real Estate News

Soho Penthouse Seeks $29.995 Million

May 12, 2017 - 10:50am
The seller is Jon Venetos, the former head of Surveyor Capital, which is part of hedge-fund giant Citadel.
Categories: Real Estate News

New York Landlords Roll Out Freebies to Attract Tenants

May 8, 2017 - 9:37pm
Manhattan office landlords are boosting their use of concession packages such as free rent and remodeling cash to entice tenants to take space.
Categories: Real Estate News

Developers Aiming to Bring More Dining Diversity to the Bronx

May 7, 2017 - 11:35am
Developers are revamping a former railway station in the Bronx in a
Categories: Real Estate News

NYC Picks Development Team for West Side Mixed-Use Tower

May 7, 2017 - 11:01am
The New York City Economic Development Corp. has tapped a development team to transform a far West Side parking lot into a mixed-use tower with affordable housing, offices and dormitories.
Categories: Real Estate News

Labor Shortage Squeezes Builders

May 6, 2017 - 9:45pm
As demand for commercial real estate climbs, contractors say they are seeing shortages of electricians, carpenters and other subcontractor laborers, making it harder to hold down costs.
Categories: Real Estate News

Target to Open on the Lower East Side

May 1, 2017 - 11:12am
Target Corp. has signed a lease to open a 22,500 square-foot store at the 1.9 million-square-foot development stretching across several Manhattan blocks called Essex Crossing.
Categories: Real Estate News

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