By: MARK HALLUM RENDERINGS OF HOW NORA COULD LOOK ONCE REDEVELOPED. PHOTO: ARQUITECTONICA West Palm Beach will be moving in a new direction as developers begin executing on a plan to remake an industrial neighborhood north of Downtown into a food and retail hub. The district, rebranded “Nora,” spans 40 acres in the environs of …
West Palm Beach to Reshape Industrial Neighborhood Into Nora District Read More »
Tax laws, market volatility could threaten growth streak By: TRD Staff (iStock / Photo illustration by Priyanka Modi) New York City’s life sciences industry has reached a boom in recent months, but the sector is facing growing threats to its success. A change in tax laws and the volatility of the market could harm the …
NYC’s banner life sciences growth set for regulation, market challenges Read More »
NJ-based investor American Equity Partners bought the waterfront property from Hartz Mountain Industries By: TRD Staff 15 Exchange Place in Jersey City (LoopNet) Another office building has traded hands in busy Jersey City, this time at 15 Exchange Place. New Jersey-based office investor American Equity Partners purchased the waterfront property from Hartz Mountain Industries for …
San Diego-based Axos Bank provided loan By Holden Walter-Warner The refinancing of the 58-story, 257,000-square-foot 725 Fifth Avenue building comes months after its previous debt was moved to a watch list as the building struggled with low occupancy. Bloomberg reported the debt was moved to a watch list in September, secured by the office and retail space of …
Coming units below historical average rate: Corcoran By: By Harrison Connery Ryan Schleis, senior vice president of research and analytics at Corcoran Sunshine, said the tick down in development is like “this hangover from the tough market we had in 2019 and 2020.” The report was based on planned development and projects under construction, which account …
NYC apartment market bogged down by development “hangover” Read More »
UN Women renews for 10 years at Midtown office tower By: Holden Walter-Warner Jodi Pulice and Greg Smith of JRT Realty represented UN Women, along with Chris Helgesen of Cushman & Wakefield. SL Green was represented by a Cushman & Wakefield team including Tara Stacom and Harry Blair. The asking rent for the space has …
SL Green keeps 85K sf tenant at Daily News building Read More »
By Harrison Connery Compass has been keeping busy in Hawaii. With a busy ultra-luxury market reaching new heights, the company has tapped Bill Cunningham as managing director of sales in the Aloha State. Cunningham, who stepped down as president of sales at Corcoran in 2019, has in recent years pursued work with private investment groups and fix-and-flips …
Compass taps former Corcoran exec to lead Hawaii outpost Read More »
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