New York City

  • Manhattan’s Average Asking Rents Declined Over the Last Couple of Months
    New York City

    Manhattan’s Average Asking Rents Declined Over the Last Couple of Months

    (NEW YORK, NY) — Good news brokers: average asking rents for available ground floor retail spaces have decreased over the last couple of months in 12 Manhattan corridors, according to the Real Estate Board of New York in a new report. Manhattan’s top retail corridors continue to experience declining rent […]

  • Hotel Development Tycoon Retires From Real Estate
    New York City

    Hotel Development Tycoon Retires From Real Estate

    (NEW YORK, NY) — A change in New York hotel zoning is turning Sam Chang away from his prominent McSam Hotel Group to a new hobby: pigeon racing. After a zoning amendment, approved by the New York City Planning Commission last year, took 45 percent of as-of-right land away from […]

  • Beat it, Times Square: FiDi Now Takes the City’s Crown
    New York City

    Beat it, Times Square: FiDi Now Takes the City’s Crown

    (NEW YORK, NY) — If you thought this business-savvy neighborhood was bustling before, you should check it out now. Since the World Trade Center memorial and museum were opened in Sept. 2011, the neighborhood has welcomed millions of new tourists and visitors. Since the white Oculus (the architecturally eye-capturing white […]