New York

"We saw strong interest in this site, as the planned four-season experiential, boutique hotel is positioned perfectly to capitalize on the growing health and wellness trend," Michael Gembecki of Cushman & Wakefield tells GlobeSt.com.

The power of influence is vast, and influencers yield such clout that they are able to effect change through direct and, more often than not, indirect action. The impact of the following net lease influencers is recognizable and significant.

Real estate investment trust Columbia Property Trust has completed its acquisition of development and operations firm Normandy Real Estate Management, reaching an agreement on anticipated investments, business management and leadership appointments.

Life House, a tech-enabled lifestyle hotel company, has closed $30 million in a Series B fundraise.

Landlords are under pressure to get their paperwork in order to meet the New York City Council's Climate Mobilization Act (CMA) passed last year to reduce greenhouse gas emissions and improve efficiency for commercial and residential buildings larger than 25,000 square feet.

"It is clear that investors are basing values much more off of in-place cash-flow versus future upside."