NYC from Hoboken

Office leasing was hot in 4Q 2014

Office leasing in Manhattan ended 2014 strong. The borough’s vacancy rate dropped to 9.5%.

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City Approves Plan to Convert Pay Phones to Wi-Fi Hot Spots

The plan to convert New York City’s obsolete pay phone kiosks into Wi-Fi hot spots was approved unanimously by the Franchise and Concession Review Committee. The $200 million LinkNYC plan will eventually bring up to 10,000 hot spots to the city over the next eight years.

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Long-planned LES project inks first tenant

Regal Cinemas theater will take 65,000 square feet at the base of a rental apartment building to be built at 115 Delancy Street

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205 East 42nd Street

WeWork moves uptown

The provider of office suites to creative users and startups, which generally prefers “cool” locations, will open its first midtown outpost at 205 East 42nd Street.

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Trimming NYC’s List of Potential Landmarks

The Landmarks Preservation Commission is proposing to remove more than 100 structures from their list of buildings under consideration for protection as historic landmarks.

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NYC Taxi retires to Vermont

After 310,000 miles on the streets of New York City, one taxi has “retired” to Vermont.

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Building boom lifts city’s culture biz

Nearly $2 billion in museum expansions are underway or planned.

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Council aims for industrial growth through zoning

The City Council proposed new zoning to spur the city’s manufacturing and “creative” economies. Read more here:

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Downtown Brooklyn Mobil station hits market at $27M

Gasoline prices are plummeting, but the value of the land this filling station sits on has soared. Its Flatbush Avenue Extension site could house a building of nearly 75 apartments.

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Nearly half of NYC luxury product bought sight unseen

The ravenous appetite for New York City new development product has a growing number of wealthy buyers scooping up luxury homes sight unseen.

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