Northeast

Monmouth County is seeking to facilitate the growth of an emerging technology cluster at Fort Monmouth, which already houses the headquarters of three technology companies, currently employing over 1,000 people on the former Fort.

The assets do not align with the seller's core plan for the area, so it is effectively the first time they are available to be acquired by someone who can focus on maximizing each individual asset.

Venture capital investment in proptech is only just beginning, according to industry insiders at the MIPIM PropTech New York event.

The Art Deco Midtown Manhattan office recently rented out 72,000 square feet.

The new service follows the recent addition of Studio, co-working offices, to the Tishman Speyer portfolio. Studio Private will initially be rolled out in New York City with locations to be added later throughout its global portfolio.

Word on the street has it that the Federal Housing Finance Agency will release the GSE scorecard this week.

Chief among them, the company has decided to split its headquarters into two locations and Long Island City is also in the running.

The non-profit agreed to a 30-year term at 220 E. 42nd St.