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SL Green Cashing In On Surging Manhattan Office Market
SL Green reports improved cash flow and earnings tied to recovery in the Manhattan office market.
REITsUnited StatesNew York
Updated 2 days ago
Read What happened, and who moved.
SL Green reports improved cash flow and earnings tied to recovery in the Manhattan office market.
New York City developers are combining housing subsidies and zoning strategies to construct larger affordable housing units, with 99-unit projects becoming a dominant development pattern.
New York City landlords filed a lawsuit against the Rent Guidelines Board, contesting a rent freeze decision and alleging procedural irregularities in the board's process.
GO Residential REIT acquired a Brooklyn apartment building for $109 million.
New York City's Mamdani Administration issued a request for proposals for a 140-unit multifamily housing development in East Harlem.
United Talent Agency signed a 101,000 square-foot lease at Empire State Building in New York City.
Strathcona Capital and Belay Investment Group closed a $32.7 million senior construction loan for a multifamily development in Seattle, Washington.
Kilroy Realty's Oyster Point development in Southern California has achieved 50% lease occupancy in its second phase amid softer demand for life sciences space.
Lineage was fined for rotting food discovered at a burned cold storage warehouse in Los Angeles and has announced plans to rebuild the facility.
Rexford Industrial announced plans to divest up to $2 billion in assets this year following a $500 million loss.
Milhaus and SRG Residential completed a merger and announced plans to acquire Broadshore Capital Partners.
Palisades Village retail center is reopening following a $100M rebuilding and recovery effort after a fire.
Los Angeles City Council voted down a proposed ballot measure that would have exempted new housing construction from the city's Uplift LA (ULA) tax.
Kennedy Wilson and Jamison are converting the LA World Trade Center into approximately 4,000 affordable housing units.
Anduril, a defense technology company, has placed its 634,000 sq ft headquarters in Costa Mesa on the market.
Developers add steakhouses in Atlanta projects, reviving Midtown mortuary.
Boston's office market sees an increase in renewals as tenants opt for better lease terms over relocation amid high build-out costs.
The Citadel founder netted a modest gain on the sale of a retail and office building in Palm Beach's luxury shopping district.
Dallas-Fort Worth's industrial market soars with record 40.3M SF leased in the first half, driven by data centers and logistics.
The federal government is scrapping its El Paso warehouses plan as DHS pivots its strategy for detention facility capacity.
Developers have come to rely on IDA subsidies to build housing, but critics have argued they go against what IDAs were created to support.
The plans involve a 1.1M SF HSBC office retrofit to create a new mixed-use scheme with hotel and retail space in Canary Wharf.
Montgomery County's rent control law stifles new multifamily projects, necessitating creative financing solutions.
Donald Trump Jr.-backed 1789 Capital aims to invest billions in Sun Belt real estate with partner Easton Street.
Fabletics aims to double revenue in part by expanding its U.S. retail footprint within the next 12 months.
JLL is in talks to move its headquarters to 100 N. Riverside Plaza. It's evaluating lease options.
Invesco Real Estate's loan originations jump 112% in H1 2026, reflecting strong transaction volume of $3.2B globally.
Phoenix developers announce new industrial projects to attract TSMC suppliers, enhancing the local high-tech ecosystem.
The $625M debt on the Chelsea office building matures in December.
Flex retail spaces thrive in the Triangle, blending retail and industrial uses for unique shopping experiences.
Stream Realty Partners acquired a Downtown Houston block to build a 12-level garage with 2,053 spaces connecting to Houston Center.
Cedarwood Companies is developing a new luxury apartment community in Celina, Texas, expanding its multifamily footprint in the North Texas region.
Investor appetite for Manchester real estate is growing as the city offers capital-city characteristics at more competitive valuations than established European hubs.
Victorian Plumbing Group has signed a long-term lease for industrial warehouse space in Lancashire owned by Goldman Sachs.
Glenbrook has submitted planning proposals for a £250 million residential development in Trafford.
A former Debenhams department store in Manchester's city centre is being converted into mixed-use space, marking a significant adaptive reuse project in the UK retail market.
The UK government approved major logistics development schemes after a year of planning disputes, signaling a shift in policy toward industrial real estate expansion.
A Singaporean investor has reduced its stake in a £1 billion office portfolio, reflecting continued investor appetite for office assets.
Starwood Property Trust announces a £200M direct investment in the UK market outside London, marking its first such acquisition since the pandemic.
The Kamani family, principals behind fashion retailer Boohoo, is developing a residential scheme in Manchester's Ancoats neighbourhood.
Hermes is delivering speculative office space in Manchester as the city positions itself as a technology hub.
Analysis of Helical's sale of its Powerhouse office portfolio in Manchester for £119M and what the transaction reveals about the local office market.
A major professional services firm signed for significant flexible workspace in Manchester, raising questions about corporate demand trends in the coworking sector.
The onslaught of severe weather has major implications for the state’s commercial property owners’ insurance costs.
L&G's first U.S. development is set to break ground this year in Concord, Massachusetts, with 201 multifamily units.
During Q2, the REIT offloaded its last 79 self-storage assets and poured $3.3B into its data center arm, QTS.
Beacon Partners has sold a mixed-use development containing a nearly 200K SF office complex in Charlotte’s Lower South End.
Whoop is planning a major Boston expansion with a 107K SF office lease as it prepares for an IPO.
Simon Property increases mall rents by 144%, reshaping space after Saks' closures.
Gov. Greg Abbott's pause on data center connections aims to regulate power demands and boost established developers in Texas.
Venture One acquires a 132K SF industrial portfolio in the Chicago suburbs. Read more of the latest deals this week.
KHP Capital Partners sells Kimpton La Peer West Hollywood to APA Group. The Tokyo-based buyer is looking to grow its overseas holdings.
Pennsylvania officials must submit 217 census tracts for OZ 2.0 by Sept. 28. Philly could see fewer tracts included than in the first iteration.
Developers adapt to rising home prices and mortgage rates in South Florida, finding options to lure in buyers and lower expenses.
NYC's pied-à-terre tax caused short-term market shifts, but developers say the market will adjust.
Behring Cos. is transforming an Oakland facility into a 20-megawatt artificial intelligence data center, enhancing the East Bay Area's AI infrastructure.
Saratoga Capital takes over 17-story luxury Atlanta apartment tower after foreclosure.
Bell Partners buys Reading Commons for $96M, expanding its Boston portfolio.
Fermi finally landed its first tenant for the data center campus Project Matador, which had run into construction and financial setbacks.
Longfellow sold the Long Island City building for $6M less than it paid before redeveloping it, plus more of this week's biggest CRE deals in NYC.