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$70 Million Upgrade for Loews Regency Hotel New York; Industry Leader Joins Avison Young

$70 Million Upgrade for Loews Regency Hotel New York; Industry Leader Joins Avison Young

Loews Hotels, a luxury hospitality company that owns and operates nearly 20 hotels and resorts in the U.S. and Canada, has embarked on a $70 million renovation project at the Loews Regency Hotel in New York, located at 540 Park Ave. As reported by Bloomberg, the Regency renovation is part…

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Millennium UN Plaza Hotel Undergoes Complex Makeover

Millennium UN Plaza Hotel Undergoes Complex Makeover

By Veronica Grecu, Associate Editor New York City’s iconic Millennium UN Plaza Hotel located next to United Nations headquarters in midtown Manhattan will undergo a complex interior renovation project by Grace Leo, CEO and Founder of G.L.A. Hotels—a management and consultancy firm using design as a tool for repositioning hotels.…

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$46 Million Investment Brings Green Manufacturing to the Brooklyn Navy Yard

$46 Million Investment Brings Green Manufacturing to the Brooklyn Navy Yard

The Brooklyn Navy Yard Development Corporation will invest $46 million to convert three former Navy machine shops into a state-of-the-art Green Manufacturing Center, creating almost 300 construction jobs in the initial phase and approximately 400 permanent jobs.…

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LEED Gold Certified 11 Times Square Lands New Tenant

LEED Gold Certified 11 Times Square Lands New Tenant

Global Food International Corp., a worldwide supplier of food to chain restaurants, has signed a long-term lease for half the retail space at 11 Times Square. The 40-story, LEED Gold-certified skyscraper in midtown Manhattan was completed in May 2010 by Parsippany-based developer SJS Properties and the real estate investment unit…

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High-Profile Industry Professionals Join Avison Young NYC Office

High-Profile Industry Professionals Join Avison Young NYC Office

Less than two weeks since opening its first New York City office and appointing former Cushman & Wakefield CEO Arthur J. Mirante, II as Principal and Tri-State President, Canada-based commercial brokerage company Avison Young has hired a prominent investment sales team to continue its aggressive expansion in Manhattan.…

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eBay Signs 35,000 SF Office Lease in Manhattan

eBay Signs 35,000 SF Office Lease in Manhattan

Just months after Twitter opened its first New York office and Facebook revealed details about adding an engineering center to its existing office, it seems to be eBay’s turn to take a bite of the Big Apple. The online auction and shopping site recently announced plans to open a technology…

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NYU to Develop New Applied Research Center in Downtown Brooklyn

NYU to Develop New Applied Research Center in Downtown Brooklyn

By Veronica Grecu, Associate Editor New York City Mayor Michael Bloomberg announced a historic partnership with New York University and the Polytechnic Institute of New York to proceed with the next milestone in the city’s Applied Sciences NYC Initiative: the Center for Urban Science and Progress (CUSP), a new applied…

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Manhattan Office Market Gains Momentum

Manhattan Office Market Gains Momentum

By Veronica Grecu, Associate Editor New York-based financial services company Morgan Stanley has a deal for almost 1.2 million square feet of space in One New York Plaza, a premier office building located in lower Manhattan at the intersection of South and Whitehall streets. This is the company’s largest single-asset…

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Ad Giant Havas and Ford Dealer Bay Ridge Sign New Leases

Ad Giant Havas and Ford Dealer Bay Ridge Sign New Leases

One of Hudson Square's biggest office leases of the year was finalized last week between French advertising giant Havas and Trinity Real Estate, the real estate arm of Trinity Church. According to The Wall Street Journal, after searching in more than 35 different New York City buildings, Havas eventually leased…

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Newton High School and TWA Flight Center to Receive Preservation Awards

Newton High School and TWA Flight Center to Receive Preservation Awards

Two Queens properties have been nominated for the Lucy G. Moses Preservation Awards, reports the Queens Courier. On April 25, during an official ceremony at the New York Historical Society on Central Park West, the “preservation Oscars” will be granted to Newton High School and the TWA Flight Center at…

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Conrad New York Hotel Opens in Lower Manhattan, Seeks LEED Gold Certification

Conrad New York Hotel Opens in Lower Manhattan, Seeks LEED Gold Certification

Conrad Hotels & Resorts, the global premium brand of Hilton Worldwide, has opened its first New York City hotel—a 16-story all-suite luxury facility located at 102 North End Avenue—in Lower Manhattan’s Battery Park neighborhood.…

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Dubai-Owned Luxury Jumeirah Essex House Up For Grabs

Dubai-Owned Luxury Jumeirah Essex House Up For Grabs

Dubai Investment Group, the owner of New York’s 81-year-old Jumeirah Essex House, is looking for potential buyers for the luxurious hotel—located prominently on the south end of Central Park between Sixth and Seventh Avenues. Easy to spot thanks to its unique neon rooftop sign, the art-deco building has been a…

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