Tishman Closes $425M Green Bond Refi for Long Island City Office Development

Green bonds continue to gain traction among property owners, with an increasing number of REITs issuing the instruments.

      

source https://www.globest.com/2021/10/06/tishman-closes-425m-green-bond-refi-for-long-island-city-office-development/

Columbia Property Trust Secures First Tenant for New Midtown South Building

The REIT says there has been a lot of interest in the 182,000-square foot property.

      

source https://www.globest.com/2021/10/04/columbia-property-trust-secures-first-tenant-for-new-midtown-south-building/

Capital Is Pivoting from Multifamily Into the BTR Space

The increased demand for single-family rental product is pulling players from the apartment market into the build-to-rent arena.

      

source https://www.globest.com/2021/10/01/capital-is-pivoting-from-multifamily-into-the-btr-space/

Brooklyn Retail Asking Rents Slip by More Than 10% In Key Corridors

REBNY summer report shows declines in 11 of the 17 reported corridors, as NYC continues its ongoing pandemic recovery.

      

source https://www.globest.com/2021/09/28/brooklyn-retail-asking-rents-slip-by-more-than-10-in-key-corridors/

NYC Office Recovery Will be Subdued, Below Average: Fitch Ratings

Fitch’s downside scenario assumes a cumulative 15% decline in property-level net cash flow.

      

source https://www.globest.com/2021/09/22/nyc-office-recovery-will-be-subdued-below-average-fitch-ratings/

Google to Buy St. John’s Terminal in Manhattan for $2.1B

The company is currently leasing the Manhattan building, which is a former freight facility that is being reimagined into a sustainable, adaptable and connected building.

      

source https://www.globest.com/2021/09/21/google-to-buy-st-johns-terminal-in-manhattan-for-2-1b/

Avison Young Acquires Singer & Bassuk Organization

Founders Andrew J. Singer and Scott A. Singer have joined Avison Young as principals in New York.

      

source https://www.globest.com/2021/09/20/avison-young-acquires-singer-bassuk-organization/

AI is Creating a More Personalized Apartment Leasing Experience

Following a partnership with Greystar, MeetElise talks about how AI is streamlining the leasing experience.

      

source https://www.globest.com/2021/09/20/ai-is-creating-a-more-personalized-apartment-leasing-experience/

Pay It Forward: "Never Shy Away From Unorthodox Ideas – Those Are The Ones That Tend To Leave A Lasting Impression," Says Shannon Ford of Northspyre

"Don’t let someone silence or dismiss you and your ideas just because of a lack of experience or seniority."

      

source https://www.globest.com/2021/09/14/pay-it-forward-never-shy-away-from-unorthodox-ideas-those-are-the-ones-that-tend-to-leave-a-lasting-impression-says-shannon-ford-of-northspyre/