Tag Archives: bigger

Bigger Leases and Pricier Deals Mark Manhattan’s Office Market This Year

Shared work spaces, a rezoning of the eastern part of midtown Manhattan that may add 6.8 million square feet of commercial space, and development of the Hudson Yards district are shaping a surging office market this year in New York City. According to CoStar data, no fewer than 26 office leases have been signed in

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Sale of Crescent Communities to Japanese Firm Gives US Developer a Bigger Investment Reach

Crescent Communities is developing a 302-unit apartment complex over 23,000 square feet of retail space in the Bishop Arts neighborhood in Dallas. In a move expected to bring more than $ 500 million of future real estate investment to North Carolina-based Crescent Communities LLC, Sumitomo Forestry America Inc., a subsidiary of Japan-based Sumitomo Forestry Co.

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