- Posted at 6:16, January 07, 2014
- By Russ Bleemer
More commercial and residential RE items wheeling around the Web today:
- Steve Cuozzo’s column in today’s New York Post details the closing of William Macklowe’s $62.5 million purchase of 156 William St. The Financial District deal was originally reported in November in Crain's New York Business HERE, which returned to the story today, HERE.
- Cassidy Turley has another glowing report about leasing in Manhattan, on GlobeSt.com, HERE. The real estate consulting and management company says that 4.1 million square feet leased in 2013’s fourth quarter is the biggest quarter in a decade. The more than 5.2 million square feet of fourth quarter positive absorption is the highest-quarterly total since the 2005’s third quarter. And the report's overall average asking rent in Manhattan reached $65.61 per square foot at year end, up 10.2% since 2012.
- ICYMI, a much-passed-around link to broker AptsandLofts.com’s 10-year report on Brooklyn sales and the soaring prices can be found in full on its site HERE. Spoiler: The highest price per square foot was in Dumbo--a penthouse at One Main St., at $3,358.