News

The offering listed 45 million of its ordinary shares at $17 per share.

Genpact, a global professional services firm headquartered in New York City, in a statement confirmed published reports of the lease deal with SUS Holdings, LLC, an affiliate of Susquehanna Holdings.

The purchase of 313-331 Bond St. calculated out to approximately $330-per-buildable-square-foot.

Mega-office builds are giving way to mega-leases in preleased agreements with tech giants, by and large, resulting in nearly complete absorption in the city as new development is often decades away.

“With this property situated in the heart of the state's largest college town, space at Georgia Heights will always be in demand."

With many markets and submarkets now entering a seventh, eighth or ninth year of RevPAR gains, the overriding question is how much farther can a particular market continue to advance without flattening?

Councilwoman Carlina Rivera voted to allow the Union Square tower without the development restrictions for the neighborhood originally requested.

Among the best performing markets in the hotelier's portfolio was the State of Florida where its hotel properties' RevPAR increased 10.2%.