New York

“After numerous condemnations of multi-family homes in Yonkers due to landlords not providing safe and secure buildings to their tenants, it became very evident that the city needs to hold these landlords more accountable for their negligence,” says Yonkers Mayor Mike Spano.

LeFrak Organization sold the Sheepshead Bay mall for $38.25 million.

The American Kennel Club signed a 20-year lease with HJ Kalikow & Company for space in the Midtown East skycraper.

The anchor tenant at L&L Holding's Plaza District development is increasing its occupancy to approximately 331,800 square feet.

WeWork announced today that it has received the $6-billion investment from Softbank. A total of $5 billion is in the form of primary growth capital and the remaining $1 billion is in secondary capital, which will be used to fund share purchases from investors and employees.

Aggressive “Value-Add” repositioning of Midtown South office properties continues to be the trend in 2019.