NYC Grants Howard Hughes Final Approval for Seaport Project

The REIT has also gotten approval to extend its ground lease for city-owned properties at the Seaport to 99 years.

      

source https://www.globest.com/2021/12/29/nyc-grants-howard-hughes-final-approval-for-seaport-project/

Nominate Now for Influencers in Retail

GlobeSt. Real Estate Forum is calling all professionals, teams and companies that have helped shape the retail real estate sector. Submit a candidate before the nomination deadline on February 4.

      

source https://www.globest.com/2021/12/28/nominate-now-for-influencers-in-retail/

Manhattan's Office Rents Appear to be Bottoming

Asking rents declined 0.5% from midyear to the third quarter—the smallest quarterly decline since the beginning of the pandemic.

      

source https://www.globest.com/2021/12/28/manhattans-office-rents-appear-to-be-bottoming/

10 Metro Areas Posting the Fastest-Rising Rents

It's little secret rents have been on the rise. Here is where they have been increasing the fastest.

      

source https://www.globest.com/2021/12/23/10-metro-areas-posting-the-fastest-rising-rents/

Rockpoint, BEB Capital Form $1B Industrial JV

The partnership is looking for value-add opportunities in the Northeast.

      

source https://www.globest.com/2021/12/23/rockpoint-beb-capital-form-1b-industrial-jv/

Manhattan Stands Out in Ranking of Office Demand

Manhattan ranked third among the 12 largest cities in the country for office market recovery.

      

source https://www.globest.com/2021/12/23/manhattan-stands-out-in-ranking-of-office-demand/

Manhattan Retail Sales, Foot Traffic on the Rise

Concessions landlords are making are bringing in retailers that had steered clear of Manhattan before.

      

source https://www.globest.com/2021/12/23/manhattan-retail-sales-foot-traffic-on-the-rise/

CRE Values, Yields Forecasted to Increase Next Year

Michael Knott, managing director and head of US REIT research at Green Street, gives his predictions for the market next year.

      

source https://www.globest.com/2021/12/22/cre-values-yields-forecasted-to-increase-next-year/

Pay It Forward: "Continue to Take Risks and Accept the Most Challenging Projects"

Nina Roket discusses lessons learned and her journey to her current role as co-administrative partner and leader of the commercial leasing practice real estate at Olshan Frome Wolosky.

      

source https://www.globest.com/2021/12/21/pay-it-forward-continue-to-take-risks-and-accept-the-most-challenging-projects/