Experiential Retail: What Works Now and What Doesn’t

Jul 21, 2026

Area 15 in Las Vegas is a retail and entertainment complex featuring shops and food and beverage outlets in addition to attractions that take the complex far beyond traditional retail. Inside Area 15, which New York-based Fisher Brothers developed, Interstellar Arc bills itself as “the world’s largest VR…

Capital Markets Retail U.S. National New York New York Las Vegas Nevada

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M&T Refis 300 East 50th Street Resi Tower With $141M Loan

A joint venture consisting of Global Holdings, MAG Partners and Safanad has sealed $141.4 million of bridge debt to refinance a newly built luxury apartment tower in Midtown Manhattan’s Turtle Bay neighborhood, Commercial Observer has learned M&T Realty Capital Corporation provided the loan on the sponsorship’s…

Capital MarketsMultifamilyDebt & FinancingU.S. NationalNew York

Posted today·Published Jul 21, 2026Read

Commercial ObserverNews

Pfizer Incident or Not, New York Still Has a Lot of Office Conversions Left to Go

For a few days last week, two buckling steel columns at the Pfizer Building became the biggest real estate story in America. If you only read the headlines, you might conclude that office-to-residential conversions are suddenly in trouble. The opposite is closer to the truth. Quietly, New York has become the…

Capital MarketsOfficeU.S. NationalNew York

Posted today·Published Jul 21, 2026Read

Commercial ObserverNews

Marx Realty CEO Craig Deitelzweig Spied the Office-Hospitality Connection Early

When he isn’t home tending to his alpacas — yes, he has alpacas — Craig Deitelzweig, the chief executive officer of owner Marx Realty, is working out ways to beautify the company’s office portfolio, intent on making where people go to work a destination, not a chore. Deitelzweig, a former lawyer who graduated from…

Capital MarketsOfficeHospitalityU.S. NationalNew York

Posted today·Published Jul 21, 2026Read

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OpenSpace CEO Jeevan Kalanithi: 5 Questions

Not many proptech companies have been able to scale their technology to take advantage of the data center construction boom, but one that has cracked the code in servicing the sector’s gargantuan growth is OpenSpace. The San Francisco-based visual intelligence platform has worked on more than 1,000 data center…

Capital MarketsData CentersU.S. NationalNew York

Posted today·Published Jul 21, 2026Read

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Investment Firm T7 Capital Signs 4K-SF Lease at GFP’s 515 Madison Avenue

GFP Real Estate has signed three new deals at its Midtown office tower at 515 Madison Avenue, totaling nearly 9,000 square feet of space, the landlord announced Tuesday. In the largest deal, investment management firm T7 Capital signed a five-year, 3,956-square-foot lease on the building’s 29th floor. It’s unclear…

Capital MarketsOfficeU.S. NationalNew York

Posted today·Published Jul 21, 2026Read

Commercial ObserverNews

New York City Hotel Labor Deal Creates Hurdles for Hospitality Underwriting

The myriad headwinds facing New York City hotel investors just got even stiffer. The Big Apple’s hospitality industry confronted rising operating and borrowing costs from persistent inflation in recent years that was further compounded by a big drop in international tourism since President Donald Trump assumed…

Capital MarketsHospitalityU.S. NationalNew York

Posted today·Published Jul 21, 2026Read

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