NYC Could Lose Nearly 12,000 Restaurants to the Pandemic

That level of closures could lead to almost 159,000 job losses.

       

source https://feeds.feedblitz.com/~/636464222/0/globest/new-york~NYC-Could-Lose-Nearly-Restaurants-to-the-Pandemic/

Office Concessions Today Mirror Great Recession

Landlords are providing more concessions to tenants as the spread between starting rent and effective rent has increased 27%.

       

source https://feeds.feedblitz.com/~/636463880/0/globest/new-york~Office-Concessions-Today-Mirror-Great-Recession/

SL Green Tops Off 185 Broadway

When it is delivered the 34-story building will be the area’s first development to be built under the Affordable New York Housing Program.

       

source https://feeds.feedblitz.com/~/636410132/0/globest/new-york~SL-Green-Tops-Off-Broadway/

What Might Black Friday Look Like This Year?

The latest Accenture Holiday Shopping Survey finds that shoppers are minimizing in-store shopping and choosing home delivery.

       

source https://feeds.feedblitz.com/~/636402214/0/globest/new-york~What-Might-Black-Friday-Look-Like-This-Year/

Hudson Gateway Assoc. of Realtors Merger Expands Bronx Membership

The association has merged with the Bronx-Manhattan North Assoc. of Realtors, resulting in a new HGAR Bronx chapter of nearly 1,5000 members.

       

source https://feeds.feedblitz.com/~/636258934/0/globest/new-york~Hudson-Gateway-Assoc-of-Realtors-Merger-Expands-Bronx-Membership/

Q3 Manhattan Office Leasing Paints Dire Picture

Velocity, volume and asking rents all fell to—or by—record-lows, while the largest amount of supply became available in over a decade.

       

source https://feeds.feedblitz.com/~/636249626/0/globest/new-york~Q-Manhattan-Office-Leasing-Paints-Dire-Picture/

NYC’s Iconic Silvercup Studios Acquired by JV

Hackman Capital Partners and Square Mile Capital acquired the studio’s properties and operational components, and will work with the studio to further grow and develop the business.

       

source https://feeds.feedblitz.com/~/636217192/0/globest/new-york~NYC%e2%80%99s-Iconic-Silvercup-Studios-Acquired-by-JV/

Old Mission Expands Lease at 120 Broadway

Starting in April 2021, the multi-asset market-making firm will occupy nearly four times its previous footprint within the building.

       

source https://feeds.feedblitz.com/~/636194988/0/globest/new-york~Old-Mission-Expands-Lease-at-Broadway/