Centric Brands Leases 212, 154 Square Feet at the Empire State Building

The company had been occupying the space under a sublease.

       

source https://feeds.feedblitz.com/~/637394468/0/globest/new-york~Centric-Brands-Leases-Square-Feet-at-the-Empire-State-Building/

Infrastructure Projects Speed Up Amid COVID Slowdown

Accelerated construction timetables from San Francisco and Los Angeles to New York meant major infrastructure projects were completed weeks and months ahead of schedule.

       

source https://feeds.feedblitz.com/~/637385906/0/globest/new-york~Infrastructure-Projects-Speed-Up-Amid-COVID-Slowdown/

The Birch Group Purchases NJ Office Asset

Cushman & Wakefield brokered the sale of the 269,720-SF, class A office property in Ridgefield Park, NJ.

       

source https://feeds.feedblitz.com/~/637370134/0/globest/new-york~The-Birch-Group-Purchases-NJ-Office-Asset/

New York Concessions are Highest in Nation and Growing

The value of concessions in the area has risen 5.1 percentage points from 7.5% at the end of 2019, to 12.6% in August 2020.

       

source https://feeds.feedblitz.com/~/637354430/0/globest/new-york~New-York-Concessions-are-Highest-in-Nation-and-Growing/

Class A Apartments in Top Markets Are Leading the Rise in Concessions

Class-A markets and expensive markets are seeing an increase in apartment concessions.

       

source https://feeds.feedblitz.com/~/637348536/0/globest/new-york~Class-A-Apartments-in-Top-Markets-Are-Leading-the-Rise-in-Concessions/

JV Purchases NJ Trophy Office Asset

JLL represented the seller and procured the partnership of Vision Properties and the Birch Group as the buyer of the renovated, 228,000-SF property.

       

source https://feeds.feedblitz.com/~/637315894/0/globest/new-york~JV-Purchases-NJ-Trophy-Office-Asset/

NYC Government Workers Reportedly to Return to the Office By Year End

New York City workers’ return to the office could deliver a significant boost to the metro’s office buildings.

       

source https://feeds.feedblitz.com/~/637297002/0/globest/new-york~NYC-Government-Workers-Reportedly-to-Return-to-the-Office-By-Year-End/

Arch Street Capital Sells Industrial Net Lease Portfolio

The firm sold the single-tenant assets totaling 425,000 square feet; currently leased to tenants including Walmart and Tesla.

       

source https://feeds.feedblitz.com/~/637266392/0/globest/new-york~Arch-Street-Capital-Sells-Industrial-Net-Lease-Portfolio/