TheRealDeal Optimizing the office: How flex workspaces will bring tenants back Companies have accepted that work-from-home is here to stay. Commercial landlords need to stay relevant.…bacapApril 23, 2021
TheRealDeal Delivery startup Jokr plans huge NYC expansion Jokr founder Ralf Wenzel. (Getty) A new delivery startup believes it can rival Amazon or…bacapApril 21, 2021
TheRealDeal JPMorgan Chase will embrace “flexible” design for 270 Park HQ JPMorgan CEO Jamie Dimon and 270 Park Avenue (Getty, Google Maps) “Remote work will change…bacapApril 20, 2021
TheRealDeal Great Value Storage files for bankruptcy to stop foreclosure Nate Paul of World Class Holdings (Facebook/GreatValueStorage, iStock) Nearly two years after the FBI raided…bacapApril 20, 2021
TheRealDeal Single-tenant office buildings face higher risk of default As office market laguishes, single-tenant buildings pose risk to landlords (iStock) At one point, leasing…bacapApril 20, 2021
TheRealDeal Fifth Avenue’s Textile Building to get $350M makeover TIG founding principal Elliott Ingerman and the Textile Building at 295 Fifth Avenue (LinkedIn, Google…bacapApril 19, 2021
TheRealDeal With 30K-sf lease, SUNY Empire shrinks Manhattan footprint 4 Park Avenue (Feil Organization) SUNY Empire is moving to Midtown from Hudson Square while…bacapApril 17, 2021
TheRealDeal Suffolk OTB to acquire Jake’s 58 in $120M deal Jake’s 58 (Google Maps, iStock) When Rudy Giuliani was mayor, he liked to call the…bacapApril 17, 2021
TheRealDeal Different state, same problem: Office availbility soars in NJ (Getty) In New Jersey, office supply far outweighs demand for that space. The Garden State’s…bacapApril 16, 2021
TheRealDeal Medical offices are just what the doctor ordered for landlords Medical offices have been a bright spot for real estate investors during the pandemic, despite…bacapApril 14, 2021
TheRealDeal Thor facing foreclosure on Harlem rental building Thor Equities Group Chairman Joseph J. Sitt. (Thor) The coronavirus could soon claim another victim…bacapApril 13, 2021