BoConcept to Open at Tysons Galleria in Northern Va.

As part of an aggressive expansion in the U.S., BoConcept is opening a second store in the D.C. region at Tysons Galleria mall at 2001 International Drive in Tysons, Va., according to a press release from the retail furniture chain. The 4,500-square-foot outpost is opening on Friday.   BoConcept, which is known for its “luxury, urban-chic… Read More BoConcept to Open at Tysons Galleria in Northern Va.

Greening NYC Buildings Creates the City New Yorkers Deserve

New York City has an incredible opportunity to fight climate change, improve air quality, combat inequality, save building owners money and spur job growth. This can happen by retrofitting buildings to make them more efficient. For years, New York City has had the opportunity to voluntarily implement these cost-saving and sustainable design measures. While some… Read More Greening NYC Buildings Creates the City New Yorkers Deserve

Edens to Build Pop-Up Stadium for DC’s Pro Tennis Team on Union Market Rooftop

Washington, D.C-based real estate developer Edens is constructing a pop-up stadium for the city’s pro-tennis team, the Washington Kastles, on the rooftop of Union Market at 1309 5th Street NE, according to a joint press release from Edens and the Kastles. The 700-seat outdoor stadium will feature a combination of premium-seating options such as VIP… Read More Edens to Build Pop-Up Stadium for DC’s Pro Tennis Team on Union Market Rooftop

SL Green Nails Down 200K-SF Bank Lease for Hudson Yards Loft Building

SL Green Realty Corp. hasn’t even closed on the purchase of its first Hudson Yards office property, but it already has a major tenant. First Republic Bank will anchor SL Green’s soon-to-be-redeveloped loft building at 460 West 34th Street between 10th and 11th Avenues. The bank will occupy 211,521 square feet in the 20-story, 638,000-square-foot… Read More SL Green Nails Down 200K-SF Bank Lease for Hudson Yards Loft Building

MRC Lends $27M on Bruman Realty’s Resi Project in Bushwick

Madison Realty Capital (MRC) has provided $27 million to Joseph Brunner and Abe Mandel’s Bruman Realty backed by the firm’s new rental building under construction in Bushwick, Brooklyn, Commercial Observer has learned. The first mortgage financing went towards Bruman’s development of a 68-unit mixed-use residential asset at 93 Linden Street and the rehabilitation of an… Read More MRC Lends $27M on Bruman Realty’s Resi Project in Bushwick

Indoor Golf Simulator Takes Space at Staten Island’s Empire Outlets

FlyingTee has inked a deal to open its third golf-center entertainment center, Tee Suite, at the under-construction outlet mall on Staten Island’s waterfront. The company signed a 15-year deal with BFC Partners for 22,000 square feet in the nearly 1.1-million-square-foot Empire Outlets, the Staten Island Advance first reported. A BFC spokesman would not provide the… Read More Indoor Golf Simulator Takes Space at Staten Island’s Empire Outlets

Private Equity Firm Relocating to One Vanderbilt From Another SL Green Building

KPS Capital Partners, a private equity firm, has become the latest tenant to sign on to SL Green Corp.’s under-construction One Vanderbilt skyscraper in Midtown, Commercial Observer has learned. The firm inked a 15-year deal for 28,024 square feet on the entire 52nd floor of the 55-story tower between East 42nd and East 43rd Streets,… Read More Private Equity Firm Relocating to One Vanderbilt From Another SL Green Building

Warner Bros. to Buy Burbank Studios, Sell Ranch Lot

Warner Bros. announced plans for a major expansion in Burbank in which the entertainment giant will buy The Burbank Studios and be the sole and long-term tenants two Frank Gehry-designed office towers, Deadline Hollywood first reported. The two buildings, fashioned to look like icebergs floating alongside the 134 Freeway, were developed by Worthe Real Estate… Read More Warner Bros. to Buy Burbank Studios, Sell Ranch Lot

Salon Suites Rental Concept Nabs Former Midtown Williams-Sonoma Space

Salons by JC, which is like WeWork for the beauty industry with its salon suite rental concept, has signed a lease for 16,253 on the second floor at 127 East 59th Street between Lexington and Park Avenues, Commercial Observer has learned. It was space occupied by Williams-Sonoma and sister company Pottery Barn until they shuttered… Read More Salon Suites Rental Concept Nabs Former Midtown Williams-Sonoma Space

Durst Reaps $900M Refi on Times Square Tower Despite Tenant Departures

A major Times Square office building owned by The Durst Organization has bagged a $900 million refinancing from J.P. Morgan Chase and Wells Fargo, Commercial Observer can first report. The new debt, lent against 4 Times Square recapitalizes the building after the maturity of a prior $650 million CMBS financing, from UBS, that the bank… Read More Durst Reaps $900M Refi on Times Square Tower Despite Tenant Departures