Empire State Realty Trust Inc. (NYSE: ESRT) has signed Greater New York Mutual Insurance Company (GNY Mutual) for a new full-floor, 52,116 square foot space in the iconic Empire State Building. “We are pleased to welcome GNY Mutual to our tenant roster at the Empire...
CBRE (NYSE:CBRE) has hired Michael Joyce as vice chairman in its Boston office, where he will join the urban leasing team and focus on investor and occupier leasing. Joyce was previously vice chairman of Cushman & Wakefield’s Boston leasing practice. He worked at...
Pending home sales in December recorded an 8.3% spike, according to data from the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s forward-looking indicator of home sales based on contract signings – increased to 77.3 in December....
The so-called “pocket listing” lawsuit involving the PLS against three regional listing services has been resolved, although litigation by PLS against the National Association of Realtors (NAR) is still pending. Reuters reported lawyers for PLS reached out-of-court...
The Federal Home Loan Bank of Cincinnati’s Disaster Reconstruction Program (DRP) has been replenished with an additional $3.9 million, bringing the total funding currently available to $5 million. The initial $5 million voluntary fund was created in March 2012...
The law firm Jones Walker LLP announced that real estate-focused attorney Chris Wootten has joined the firm as a partner in the Tax Practice Group of its New Orleans office. Wootten’s practice involves individual and institutional investors, commercial lenders,...
