Commercial Real Estate
New Chicago Soccer Stadium Sparks Complaints from Community Groups
The developers are aiming to open the stadium ahead of the team’s 2028 season. Continue Reading New Chicago Soccer Stadium Sparks Complaints from Community Groups
Harrison Sitomer Promoted to President at SL Green Realty
Sitomer began his career at SL Green as an intern and rose through the organization. Continue Reading Harrison Sitomer Promoted to President at SL Green Realty
Historic Harlem Church Being Sold to Become Mixed-Use Development
The property was built as a union clubhouse in 1898. Continue Reading Historic Harlem Church Being Sold to Become Mixed-Use Development
Shaky Returns from Theme Parks Roils Disney’s Real Estate Growth Plans
The company attributed the shaky figures to higher costs coupled with “moderation of consumer demand.” Continue Reading Shaky Returns from Theme Parks Roils Disney’s Real Estate Growth Plans
Fannie Mae Renews HQ Lease for Smaller Space
The new lease begins in June 2029 and runs for 16 years. Continue Reading Fannie Mae Renews HQ Lease for Smaller Space
Peachtree Group Taps Vickie Callahan to Lead Hospitality Management Division
In her new role, Callahan will oversee the company’s portfolio of owned and third-party managed hotels. Continue Reading Peachtree Group Taps Vickie Callahan to Lead Hospitality Management Division
Owner of Trump’s Former DC Hotel Loses Rights to Property
The property was originally the Post Office Building, which opened in 1899. Continue Reading Owner of Trump’s Former DC Hotel Loses Rights to Property
New Forecast Predicts Pricing Increases for NYC Commercial Properties
“We anticipate a robust growth trajectory for commercial real estate in New York City,” said Gregory Kraut, CEO of KPG Funds. Continue Reading New Forecast Predicts Pricing Increases for NYC Commercial Properties
Manhattan Office Building Sells in Auction at 97.5% Loss
The property was built in 1963 on the site of the 5,920-seat Roxy Theatre, which was once the world’s largest cinema. Continue Reading Manhattan Office Building Sells in Auction at 97.5% Loss
Hits and Misses for the Real Estate Week of July 29-Aug. 2
This week’s Hits and Misses include reckless political talk about housing, Chevron moving its headquarters to Texas and a contaminated school for sale. Continue Reading Hits and Misses for the Real Estate Week of July 29-Aug. 2
Chevron Relocates HQ from California to Texas
CEO Mike Wirth blamed California’s political climate for driving the company’s headquarters from the state. Continue Reading Chevron Relocates HQ from California to Texas
West Virginia Governor Blames James Dimon for Foreclosure Auction of Historic Hotel
The Justice family accused the foreclosure to be a “political stunt” by Dimon. Continue Reading West Virginia Governor Blames James Dimon for Foreclosure Auction of Historic Hotel
