Northeast

For multifamily developers, the addition of short-term rentals gives them the ability to incorporate an entirely new tenant into their planning and modeling, mitigating risks associated with vacancy.

First Republic Bank is opening two branches at 460 W. 34th St. in space commanding top dollar asking rents.

“Chris is an incredibly gifted executive with a thorough understanding of project management paired with an ability to communicate well and maintain excellent customer relations during complex construction processes,” says Thomas Ricci, managing principal and a founder of Coretrust Capital Partners.

Nearly 10 million square feet have been absorbed during current economic expansion, say Transwestern's Jim Postell (left) and Matthew Dolly.

“594 DC is a great value-add/redevelopment lease-up play that fits within Endurance's long-term sweet spot of re-positioning well-located, functional excess corporate real estate assets,” says Jared Newman, vice president of acquisitions at Endurance.

KPS Capital Partners stays in Midtown East and law firm McDermott Will & Emery expands its space, both at the SL Green project that's underway.

The store's 25,000-square-foot lease is a “slam-dunk” with its new concept in retail, says Craig Deitelzweig, CEO of Marx Realty which owns and manages the property.

The broadcast company is staying in its Midtown South location owned by George Comfort & Sons, Jamestown Properties and Loeb Partners.