Leasing a car more popular, high-credit consumers choosing to lease more than 30% of the time
Borrowers with good credit scores choose to lease more often than those with poor credit scores. (iStock) With car prices rising since the peak of the pandemic, many drivers are likely buying cars on leases rather than loans. Experian’s State of the Auto Finance Market Q1 Report. Borrowers with higher credit scores are more likely […]
French hospitality outfit Accor signs lease at Michael Shvo’s 711 Fifth Ave
The cheerful sounds heard at 711 Fifth Avenue last week were coming not from the posh Core Club on the tower’s top four floors, but from Accor’s new offices on the seventh floor. The French hospitality company signed an unreported 23,000-square-foot lease in December and was celebrating its move into the space, sources told Realty […]
‘Suits’ Star Wendell Pierce Smears Republicans After Claiming White Landlord Denied His Lease Application
wire Star Wendell Pierce took to social media to accuse white people and MAGA Republicans of trying to remove black people from American society, no matter how much they’ve accomplished. Pierce told his followers that despite his many accomplishments, sources of income and significant investments, a white landlord in New York City rejected his application […]
Chinese retailer Miniso signs lease at JEMB Realty’s 150 Broadway
Giving FiDi’s struggling retail sector a much-needed boost, Miniso, the Chinese “lifestyle” and consumer goods chain with more than 6,000 stores worldwide, including two in Manhattan, has signed a 5,000-square-foot lease at 150 Broadway at Liberty Street with JEMB Realty. The vacant corner used to be home to a Sephora. JEMB leasing director Joseph Hamway […]
Review allows Gulf of Maine offshore wind research lease to proceed
The Bureau of Ocean Energy Management has completed an environmental review that will allow a wind power study lease offshore the Gulf of Maine to move forward with further work, including a power purchase agreement, officials announced Tuesday. Maine is proposing to place 12 offshore wind turbines producing 144 megawatts of electricity on a floating […]
Google Ends Lease on Massive Office Complex in Heart of San Francisco
Tech giant Google is reportedly preparing to exit its 300,000 square foot office at San Francisco’s One Market Plaza when its lease expires in April 2025. of san francisco chronicle report One Market Plaza, a prominent downtown office complex with spectacular views of the San Francisco Bay, is preparing for the departure of its second […]
Abandoned Art Deco cinema in NYC loses another lease on life
A seemingly final plan to rebuild a long-closed Upper West Side theater has fallen through again. Vacant since 2005, it seemed like fate had finally turned for Manhattan’s abandoned Metro Theater when Alamo Drafthouse Cinema signed a lease for the historic movie theater in 2022. Manhattan Borough President Mark Levin announced this month that it […]
Dumbo Market signs lease at Jasper on Hunter’s Point waterfront
Jasper, a large mixed-use project under construction on the Hunters Point waterfront, has made a big splash on the retail portion. Gourmet grocery store Dumbo Market, currently operating as Urban Market in a building across the street, has signed a lease for a 13,500-square-foot store on the ground floor of Jasper. Because Dumbo Market will […]
Denver shuts down shelters migrants landlords lease illegals
The first children were removed from school to accommodate illegal immigrants. Subsequently, some major airports were designated for receiving illegal immigrants. And now, shelters are being repurposed to house migrants pouring across the border, clearly putting tax-paying Americans ahead of those who came here breaking the law. This proves once again that there is no […]
Retail giant wants out of MTA transit center lease, blames crime for scaring away tenants
The retail giant that operates the Fulton Transit Center in lower Manhattan wants out of its contract with the MTA, saying crime is scaring tenants away from the shopping space. According to court documents, the Westfield Fulton Center alleges that the subway hub was overrun with homeless people, street thugs and vandals because it lacked […]