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Real estate surveys indicate Manhattan’s office market is far from dead

Separate reports from major brokerages CBRE and JLL show that Manhattan's office market is not dead, but even stagnant. The findings show how “immune” the top end of the office market is, in CBRE's words, to the plight of those at the bottom. (Data for both companies includes both new leases and renewals.) CBRE's study […]

NYC proposes $15 fee for drivers entering Manhattan’s central business district

New York City officials have proposed imposing a $15 toll on drivers entering Manhattan’s central business district. Vehicles entering Manhattan south of 60th Street during the day will be billed electronically. Meanwhile, the plan would impose a $24 fee on light trucks and $36 on large trucks. Most drivers will pay $15 to enter Manhattan’s […]

Manhattan’s stalled office leasing market poised for late-year boom

The dam is finally about to burst on Manhattan’s stagnant office rental market, with landlords and brokers ready to uncork the champagne after one of the weakest years on record. At least 12 large deals of up to 250,000 square feet each are nearing completion, likely by the end of the year, people told the […]

Amazon shows off NYC offices on Manhattan’s Fifth Avenue

Amazon on Tuesday unveiled a plush new office on Fifth Avenue, the former home of one of the city’s most famous department stores, as the e-tailer seeks to bring employees back to its offices. The company founded by Jeff Bezos has transformed the more than 100-year-old building that once housed Lord & Taylor into a […]

Manhattan’s first film studio to rise on Hudson River pier: report

Hollywood on the Hudson River. A group of big New York City investors have joined forces to build Manhattan’s first $350 million production studio complex on a dilapidated pier jutting into the Hudson River, according to reports. Investment giants Blackstone, Hudson Pacific Properties and Bornado Realty Trust will build a 266,000-square-foot campus at Pier 94 […]

Jonathan Majors’ Attorney Accuses Manhattan’s Democrat DA of Racism

Jonathan Majors’ attorney Priya Choudhury is accusing Democrats in the Manhattan District Attorney’s Office of racism. In late March, Majors, 33, was arrested for allegedly assaulting a 30-year-old woman who was then his girlfriend. The impact on his career soon wore off. Despite the fact that he was never tried or convicted, the McCarthy faction […]

Fury at Manhattan’s Bragg over Looming Trump Charges Dominates House GOP Retreat

ORLANDO, Fla. — U.S. House Speaker Kevin McCarthy set fire to left-wing Manhattan District Attorney Alvin Bragg at a press conference as House Republicans gathered to discuss and formulate a 2023 agenda plan. Asked by Breitbart News what he would say to the 75 million Americans who voted for Trump in the 2020 presidential election […]

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