News/Events
Law Firm Nutter Expands to 11K SF at Durst’s 5 Grand Central East
Law firm Nutter is taking more office space at one of the Durst Organization’s buildings near Grand Central Terminal, Commercial Observer has learned. Nutter, which is based in Boston and provides personal and business legal services, has signed a deal to renew its existing 5,719 square feet on the 27th floor of Durst’s 5 Grand…
Dutch Office Investment Leaps — But The Conversion Play Runs Out Of Road
Office conversions hit a 14-year high in CBDs across Europe with Dutch market boom.
Kennedy Wilson In Pole Position For £750M Rented Resi Portfolio
Kennedy Wilson was selected as the preferred bidder for Notting Hill Genesis' £750M portfolio, beating major competitors.
Sheppard Takes 107K SF at In-Rel’s D.C. Redevelopment
One of the 50 highest-grossing law firms in the U.S. has signed an anchor lease at a planned Washington, D.C., trophy office redevelopment three years before its anticipated completion. Law firm Sheppard signed for 107,224 square feet at In-Rel Properties’ 2033 K Street NW, CBRE announced Tuesday. The firm, which has more than 1,200 attorneys…
Eliot Spitzer Gains State Approval to Redevelop 985 Fifth Avenue After Legal Bout
Former New York Gov. Eliot Spitzer will finally get to demolish 985 Fifth Avenue after suing the state to obtain approval. Spitzer claimed that the state’s Division of Homes and Community Renewal (HCR) was delaying the approval of an application to not renew rent-stabilized leases in the building, a necessary step before the property could…
Data Center Deals Propel July CRE Sales Volume To Best Performance Since 2005
CRE transactions reached their highest level since 2005, with BlackRock's acquisition of Aligned Data Centers driving activity.
Nuveen's C-PACE Fund Secures Over $1B, Its Biggest Raise Yet
Nuveen Green Capital closes $1B for C-PACE lending, boosting green projects.
AI Cloud Firm Nebius Raises $5.75B In Debt To Fuel Data Center Expansion
Amsterdam-based Nebius has raised $5.75B in debt to build data centers and expand its AI infrastructure footprint.
Mamdani Reveals Housing Court Fast Track Targeting Landlords, Not Evictions
NYC implements fast-track system in housing court to address critical building safety cases, sparking landlord criticism.
