12 posts about Financial District from across Skyline Properties' social platforms and curated industry sources.
<![CDATA[Manhattan, NY Avison Young arranged a 7,383 s/f lease on behalf of Phosphene, an independent design and visual effects company, at 90 Broad St. in t]]>
View on RSS →<![CDATA[Nonprofit group Alliance for Downtown New York has expanded its Lower Manhattan footprint to 42 Broadway. The Downtown Alliance, which manages the area’s business improvement district, secured a 14,420-square-foot lease at the Financial District tower, according to a recent CBRE office market report. The Downtown Alliance plans to relocate its operations division to the 22-story […]]]>
View on RSS →<![CDATA[Predication and betting site Polymarket has doubled its footprint at 78 Crosby Street to 12,700 square feet, adding the fourth floor to the space it already leases on the fifth floor. Polymarket has been headquartered at the Lower Manhattan building since 2023. Its original lease for 6,350 square feet was also extended, with both deals […]]]>
View on RSS →<![CDATA[Emmy nominated visual effects studio Phosphene has inked a 7,383-square-foot lease at Princeton International’s 90 Broad Street in Manhattan’s Financial District, according to tenant broker Avison Young. Phosphene will move from its current office at 5 Hanover Square, also in the Financial District, as the building is being converted from an office property into a […]]]>
View on RSS →<![CDATA[This TLC wasn’t exactly chasing waterfalls, just a new office. The New York City Taxi and Limousine Commission is relocating to AmTrustRE’s 250 Broadway across the street from City Hall Park in Manhattan’s Financial District, the property owner announced Thursday. The TLC is relocating its headquarters from another FiDi office at 33 Beaver Street and […]]]>
View on RSS →<![CDATA[The restaurateurs behind Mexican restaurant Mezcali and American tavern the Malt House have signed a lease for a new food concept in Manhattan’s Financial District. Eoin Foyle and Darren Shore signed a 20-year, 4,744-square-foot lease in the retail component of TF Cornerstone’s 2 Gold Street, where they will launch their latest brainchild, a Hawaiian-Caribbean-Asian fusion […]]]>
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<![CDATA[Bill Koch found a buyer for his 52-acre Aspen compound.  The billionaire industrialist is selling his mountain estate, known as Elk Mountain Lodge, for more than $33.5 million after an auction conducted by Concierge Auctions ended last week, the Wall Street Journal reported.  The $33.5 million sale price is nearly 75 percent under its asking price of $125 million last year. Koch bought the home in 2007 for $26.5 million and converted what was an event venue into his private residence. He went on to add 31 acres to the property at 125 Rooney Circle.  Koch has been trying to […] This article originally appeared on The Real Deal. Click here to read the full story. ]]>
View on RSS →<![CDATA[One World Trade Center is almost 100 percent leased thanks to the latest deal with an artificial intelligence company, Commercial Observer has learned. Mercor, which employs human experts to train AI algorithms, has inked a five-year, 25,550-square-foot deal on the 77th floor of the Lower Manhattan office tower, the Durst Organization announced Tuesday. Durst owns […]]]>
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<![CDATA[Can you hear it now? That’s the sound of hundreds more stores exiting the Verizon retail portfolio. Verizon is moving to sell 274 retail locations owned by the cellular provider, Reuters reported. The store count reduction will include the layoff of roughly 3,000 workers, according to the Wall Street Journal, including 500 corporate employees. The divestments will hand hundreds of stores over to franchise owners, reducing operational costs and spending tied directly to real estate. The company will still own roughly 1,000 stores, which is considered a minimum count for Verizon over the next three years, according to an internal […] This article originally appeared on The Real Deal. Click here to read the full story. ]]>
View on RSS →<![CDATA[Manhattan, NY Arrow Real Estate Advisors arranged $377 million in construction financing on behalf of Grubb Properties for the development of 8 Carlisle Street, a 64-story, 462-unit Class A multifamily tower in the Financial District. The financing was arranged by Arrow’s M]]>
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<![CDATA[A new national housing law targets Wall Street investors, but left wiggle room for institutional landlords to snap up single-family homes. The 21st Century Road to Housing Act that went into effect Saturday ostensibly bars institutional investors, or those that own 350 or more homes, from buying single-family houses, Bloomberg reported. But there are plenty of exceptions. Mega landlords such as Invitation Homes, Pretium and Blackstone’s Tricon Residential can still buy rental houses if they make significant renovations or give tenants a chance to buy the properties. Institutions can also buy and sell homes to each other, or purchase properties […] This article originally appeared on The Real Deal. Click here to read the full story. ]]>
View on RSS →<![CDATA[Brookfield is in exclusive talks to acquire a stake in Hudson Square Properties. The under-wraps deal, first reported by the Wall Street Journal, would secure Brookfield a 10 percent stake in the 13-property portfolio. After a decade as minority investor and operating partner, Hines would no longer hold its stake in Hudson Square Properties, a […]]]>
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