Queens Mixed-Use Building Trades for $826 Per SF

“The sale demonstrates that investors are still interested in high quality assets throughout Queens.”

       

source https://feeds.feedblitz.com/~/t/0/0/globest/new-york/~/https://www.globest.com/2020/07/16/queens-mixed-use-building-trades-for-826-per-sf~Queens-MixedUse-Building-Trades-for-Per-SF/

Onyx Equities to Break Ground on First Smart Office Campus in the Nation

The WestPark campus can draw a labor force from New York, Connecticut and New Jersey.

       

source https://feeds.feedblitz.com/~/t/0/0/globest/new-york/~/https://www.globest.com/2020/07/15/onyx-equities-to-break-ground-on-first-smart-office-campus-in-the-nation~Onyx-Equities-to-Break-Ground-on-First-Smart-Office-Campus-in-the-Nation/

Empire State Realty Joins Forces With Mayo Clinic and Delos

In an effort to prepare and protect indoor environments in the post-COVID era, New York City-based Empire State Realty Trust. Inc., has joined a collaboration that includes the Mayo Clinic and Delos.

       

source https://feeds.feedblitz.com/~/t/0/0/globest/new-york/~/https://www.globest.com/2020/07/15/empire-state-realty-joins-forces-with-mayo-clinic-and-delos~Empire-State-Realty-Joins-Forces-With-Mayo-Clinic-and-Delos/

RMS Cos. Acquires Approved 153-Unit Development Site

The 6.4-acre multifamily development site in Union Township, NJ was acquired from Sherwood Group Assoc. for $6 million.

       

source https://feeds.feedblitz.com/~/t/0/0/globest/new-york/~/https://www.globest.com/2020/07/14/rms-cos-acquires-approved-153-unit-apartment-development-site~RMS-Cos-Acquires-Approved-Unit-Development-Site/

Big Firm Offices in New York Ballooned Before 2020 Cost-Cutting Started

Nearly 20 NYLJ 100 law firms grew their New York head counts by more than 10% last year, when austerity was far from most firms' minds.

       

source https://feeds.feedblitz.com/~/t/0/0/globest/new-york/~/https://www.globest.com/2020/07/14/big-firm-offices-in-new-york-ballooned-before-2020-cost-cutting-started-296-220707~Big-Firm-Offices-in-New-York-Ballooned-Before-CostCutting-Started/

Manhattan’s Asking Rates Stay Steady Despite Coronavirus Lockdown

But CBRE does expect them to fall by 10% to 16% by the first quarter of 2021 before beginning to recover.

       

source https://feeds.feedblitz.com/~/630216747/0/globest/new-york~Manhattan%e2%80%99s-Asking-Rates-Stay-Steady-Despite-Coronavirus-Lockdown/

New York's Reopening Data Shows 'Many Positive Signs' for Retail Recovery

“New York is a critical marker for the retail sector to understand its progress towards a recovery. And there are many positive signs that indicate a rebound is en route and ‘normalcy’ could be within reach.".

       

source https://feeds.feedblitz.com/~/629947463/0/globest/new-york~New-Yorks-Reopening-Data-Shows-Many-Positive-Signs-for-Retail-Recovery/

Reflecting Industry Frustrations, NY Athletic Club Files Suit Challenging Pandemic Executive Orders

The litigation is one in a string of lawsuits over New York’s various coronavirus-induced restrictions.

       

source https://feeds.feedblitz.com/~/629858665/0/globest/new-york~Reflecting-Industry-Frustrations-NY-Athletic-Club-Files-Suit-Challenging-Pandemic-Executive-Orders/