Office

The acquisition, development and repositioning of the office property is part of recent transitions in Long Island City, Queens.

The tech giant proposes increasing its office space to a total of 320,000 square feet, plus providing 50,000 square feet for public space at the Hudson River development.

“It's an opportunity for people and neighbors to connect with the buildings through the food they eat.”

The provider of specialized business and news information covering the legal, financial services, benefits, consulting, insurance, and real estate industries will move in Q3 2018.

Many elements of the creative workplace that were once considered unique have morphed into universality, allowing for workplaces that appeal to office users' expectations, WRIGHT Management's Debra Aitken tells GlobeSt.com.

"While many of our municipalities' downtowns have seen an increase in interest and investment over the past several years, many others are still in desperate need of commercial revitalization," says Courtenay Mercer, DNJ executive director.

The dollar volume of new CMBS delinquencies last month was the lowest since 2015, says Fitch Ratings.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.