Monthly Archives: March 2014

Chelsea-Market

Google continues to grow in Chelsea Market

Google has leased an additional 75,000 square feet in the building where it already has 320,000 squere feet. It is across the street from the firm’s New York headquarters at 111 Eighth Avenue.

Read more here:

http://www.crainsnewyork.com/article/20140327/REAL_ESTATE/140329881/google-grows-chelsea-market-footprint-again

Meatpacking district

Meatpacking District office space in short supply

Office vacancy rate in the Meatpacking District is now less than one percent as retailers flock to area.

Read more here:

http://therealdeal.com/blog/2014/03/28/meatpacking-district-packing-em-in-as-upscale-shops-head-downtown/

225 Varick Street

New office suites to open in Hudson Square

NeueHouse is planning to open a new nearly 100,000 square foot space at 225 Varick Street in Hudson Square.

Read more here:

http://www.crainsnewyork.com/article/20140326/REAL_ESTATE/140329903/neuehouse-set-to-arrive-in-hudson-square#utm_source=Real%20Estate%20Daily%20%5BRED%5D%20Alert&utm_medium=alert-html&utm_campaign=Newsletters

150 East 42nd Street

Mount Sinai Medical Center grabs 450K square feet in midtown

The hospital, which recently completed its merger with Continuum Health Partners, will take over part of 150 East 42nd Street, a tower that used to house the pharmaceutical giant Pfizer.

Read more here:

http://www.crainsnewyork.com/article/20140318/REAL_ESTATE/140319863

770 Broadway

Facebook grows its link with 770 Broadway

Facebook is expanding its office in midtown south by 60%.

Read more here:

http://www.crainsnewyork.com/article/20140324/REAL_ESTATE/140329943/facebook-grows-its-link-with-770-broadway#utm_source=Real%20Estate%20Daily%20%5BRED%5D%20Alert&utm_medium=alert-html&utm_campaign=Newsletters

Salesperson

How To Be A Successful Salesperson

Erika Anderson, a contributor at Forbes, writes about being a successful salesperson, especially if you think you can’t

Read more here:

http://www.forbes.com/sites/erikaandersen/2014/03/03/how-to-be-a-successful-salesperson-especially-if-you-think-you-cant/

Hudson Yards 20140320

Construction of Hudson Yards platform begins

Hudson Yards, a $40 Billion development on Manhattan’s far West Side, takes a key step forward as work begins on a platform over the area’s rail depot designed to support three skyscrapers. This enables the start of almost 6  million square feet of construction.

Read more here:

http://www.crainsnewyork.com/article/20140319/REAL_ESTATE/140319835/construction-of-hudson-yards-platform-begins

NYC property tax challenge could affect $21 Billion tax base

A pair of NYC lawyers have filed a class-action suit that challenges the underpinnings of the city’s $21 billion property tax as being racially biased.

Read more here:

http://www.crainsnewyork.com/article/20140317/REAL_ESTATE/303169981/legal-duo-drops-41b-property-tax-bomb#utm_source=Real%20Estate%20Daily%20%5BRED%5D%20Alert&utm_medium=alert-html&utm_campaign=Newsletters

Flatiron

Soaring city rents putting the squeeze on Businesses

Soaring city rents, rising labor costs and more mandates are slowing business expansion in NYC.

Read more here:

http://www.crainsnewyork.com/article/20140318/SMALLBIZ/303169985/owners-feeling-squeezed

Downtown_New_York_City_from_the_Empire_State_Building_June_2004

Downtown leasing shows midtown swagger

The downtown office market is attracting a steady influx of tenants from midtown.

Read more here:

http://www.rew-online.com/2014/03/11/downtown-leasing-shows-midtown-swagger/