Peter Braus News Today

City Winery signed a 20-year lease for an additional 14,600 square feet in the five-story former shipping terminal building.

High interest rates, crippling regulations and large vacancies caused by work-from-home and pandemic downsizing are to blame.

Local investors buy Pie Town property; status of concert venue unclear

Local investors buy Pie Town property; status of concert venue unclear

Hudson River Park Friends returned to Pier 62 and Pier Sixty in Hudson River Park to host its 25th Anniversary Gala, celebrating all that the four-mile-long oasis provides to millions of New Yorkers each and every day.

Open Doors aims to encourage major landlords to sign up for performance-based deals with minority-owned businesses.

While the office, hotel and residential real estate markets continue to suffer, retail has undergone a revival in Manhattan and the outer boroughs. 

"It is absolutely what we would call a tenant's market in most markets around the U.S.," one expert said.

Even workers who are going back to the office will be telecommuting some of the time, and that will change downtown areas.

Manhattan’s retail lease activity seeing moves in Soho and the Meatpacking District as Givenchy, Gucci and other luxury brands giving downtown a post-pandemic try.