News/Events
DHS Awards $7.3B In Contracts To Build Detention Facilities In 5 States
The department that oversees ICE reached deals with three companies to build new facilities on government-owned land in five states.
From Flexibility To 'Whisper Spaces' — What Big Occupiers Want From Dutch Offices
AkzoNobel and Booking.com share what they seek in their office spaces.
Northmarq Adds Thirdline Capital Management To Investment Platform
Thirdline Capital Management manages the Thirdline Real Estate Income Fund, a registered closed-end fund that trades under the ticker TREIX.
Distyl AI Doubles Its 135 Madison Offices to 30K SF After Less Than a Year
Software development company Distyl AI has room to grow. The artificial intelligence-powered developer of operating systems for large companies has leased the entire ninth floor at 135 Madison Avenue in Manhattan’s NoMad neighborhood, according to building manager Koeppel Rosen, bringing the company’s total footprint to 30,076 square feet. Distyl AI arrived at the Rosen family’s…
Happier Grocery to Open Second NYC Location on the Upper East Side
A healthy grocery retailer is opening its second New York City location on Manhattan’s Upper East Side. Happier Grocery has signed a 20,500-square-foot lease at CSC Real Estate’s 210 East 86th Street, where it plans to open a health food store like its original one on Canal Street in the second half of 2027, according…
Richard Born Part of Investor Group in BlackRock’s $245M Sale of 600 Third Avenue
Hotel investor Richard Born is the unnamed investor in 600 Third Avenue, Commercial Observer has learned. Born joined L&L Infinite, a joint venture formed by former Silverstein Properties CEO Marty Burger and L&L Holding CEO David Levinson, as an investor in the $245 million purchase of the 42-story Midtown East office building from BlackRock, sources…
Office Tenants Should Negotiate Cell Coverage Like a Lease Issue
For most of the past two decades, connectivity in office buildings followed a simple division of labor. Tenants bought their own wi-fi. Wireless carriers delivered the cellular signal, and often funded the in-building systems that made it work. That arrangement for cellular signal is over, and commercial real estate has been slow to realize it.…
Allied Global Marketing Renews 28K-SF Lease at the Woolworth Building
A marketing firm geared toward hospitality and sports is renewing its office space in the Financial District’s iconic Woolworth Building. Allied Global Marketing signed a three-year lease renewal for the 28,098-square-foot office it occupies on the entire 13th floor of the Cammeby’s International-owned building in Lower Manhattan, where it has been since 2016, according to…
Sephora’s Meatpacking District Store Relocates to 401 West 14th Street
Beauty retailer Sephora is taking a walk up the block to 401 West 14th Street. The makeup giant has signed a 4,200-square-foot deal with landlords Taconic Partners and Nuveen Real Estate to relocate its Meatpacking District store one block north from 21-27 Ninth Avenue, according to the landlords. Cushman & Wakefield’s Jason Greenstone represented the…
