Wyoming state board decides to start canceling contentious wind leases
Wind Lease Cancellations in Wyoming The Wyoming Land Commission recently voted 3-2 on February 5 to start the process of ending certain wind leases linked to the Pronghorn and Sidewinder projects located in the eastern region of the state. The Pronghorn project is situated on state land in Converse County, while the Sidewinder project is […]
Trump Administration Reveals Significant Expansion of Oil and Gas Leases That Biden Aimed to Block
Department of the Interior Unveils Offshore Lease Schedule The Department of the Interior (DOI) made an announcement on Tuesday regarding its long-term offshore lease plan, signaling a shift toward expanding America’s energy resources. This move contrasts sharply with the previous administration’s restrictions on offshore oil and gas leasing. According to the DOI, the new leasing […]
Calvary Baptist Church’s ‘miracle building’ on West 57th Street secures 2 new leases
The “Miracle Building” located on West 57th Avenue, which was initially intended to be the new home of Calvary Baptist Church, received some significant news this week. This almost-finished 30-story tower at 125 W. 57th St., situated in a prime area known for its affluent residents, secured two major leases. The restaurant group behind the […]
NYC’s Union Square area on a roll for retail, restaurant leases
Union Square Park and its surrounding area lost much of their good time juice after the popular coffee shop in Union Square West closed in 2018 and the Blue Water Grill followed history in 2019. Even if the famous retailer on East 14th Street and the popular green market still attracts crowds, I never felt […]
Microsoft axes some AI data center leases, TD Cowen says
Reports say Microsoft has x data center leases as the rapid rise of Deepseek raises questions about massive spending on artificial intelligence. The Washington-based software giant has cancelled a lease that totals “hundreds of megawatts” or totals about two huge data centers, according to a TD Cowen analyst report released Friday. “We haven't got the […]
Trump freezes new outer continental shelf offshore wind leases
President Trump on Monday night directed the Treasury Department to freeze new offshore wind leasing on the outer edge of the continental shelf, one of a series of executive orders he signed within hours of taking office. The order cancels the entire shelf of new or renewed offshore wind leases, but does not affect existing […]
Party City to auction off leases to all 695 US stores as it goes out of business
Party City will auction off the rental properties at all 695 U.S. stores ahead of the retailer's nationwide closure. In late December, the party store flagship announced it would close after 40 years in the state after customers left for other locations after failing to keep up with high inflation. Party City plans to sell […]
NYC’s high-end office market scores record year for new leases that top $200 per square foot
Come on, C-Note, admission to a new exclusive club in Manhattan's upscale office market is $200 per square foot. According to the paper, 28 new leases were signed in 2024 with rents above $200 per square foot, a record high.These transactions represented the top of the top. Meanwhile, a surprising new report from JLL found […]
Modern upgrades help vintage NYC tower land find five new leases
A major relocation of the 650,000-square-foot 5 Penn Plaza on Eighth Avenue between West 33rd and 34th Streets brings many 21st-century features to the historic building and adds more than 70,000 square feet of new The rental contract signed in Built in 1916, this vintage building was originally designed for printing crafts, but more recently […]
Biden moving to ban oil and gas leases for 20 years in Nevada region, just weeks before Trump inauguration
The Biden administration is introducing last-minute restrictions on oil and gas drilling in the West just weeks before President-elect Donald Trump's inauguration. The Interior Department announced Monday a plan to ban oil and gas leasing on 264,000 acres in Nevada's Ruby Mountains for 20 years. The government submitted an application to withdraw the land from […]