Archives for August 2022
McDonald’s Returns to Times Square With a $40 Million, 20-Year Lease
By Max Gross at Commercial Observer Broadway loves a big revival, and McDonald’s loves Broadway. The golden arches signed a 20-year, $40 million lease with Jeff Sutton’s Wharton Properties at 661 Eighth Avenue right across the street from the Port Authority Bus...
Read Full PostBrooklyn Industrial Real Estate Market Stays Strong: 2nd Quarter Report
By Raanan Gerberer at Brooklyn Daily Eagle The city’s outer-borough industrial real estate market, including Brooklyn, continued to show healthy improvement during the second quarter of 2022, according to a new report by Colliers...
Read Full PostManhattan retail rents tick up as recovery slogs along
Nine of 17 corridors saw asking rents rise as tenants face supply chain, labor issues By Sasha Jones at The Real Deal Manhattan retail rents are on the rise but remain below pre-pandemic peaks....
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