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New York City

Manhattan trophy office tower inks three leases at rents topping $200 per footThe flight to quality is helping the city's prestige buildings snag their largest share of deals in decades.
US banks prepare for unpaid loans, other financial fallout from economic turmoilNation's largest property lenders keep loss reserves elevated as they point to higher risks of recession and inflation in the coming months.
Office-to-residential project connected to Pfizer's former Manhattan home lands financingA Joint venture is set to add 430 units next to the largest similar development underway in New York City.
Saks drops bid for coveted New York casino licenseThe retailer had planned to redevelop its flagship location’s top three floors.
Italian fashion house Prada sees growth runway in $1.4 billion Versace dealCapri Holdings is slated to sell its troubled brand.
Blackstone bets on industrial with Texas portfolio purchase for more than $700 millionFunds buy a 95% stake in 25 buildings in the Dallas and Houston areas from Crow Holdings.
Architects pursue high design with latest New York projectsSoaring height, illuminated canopies and even railroad tracks in the floor debut this year
Manhattan tower aiming to redefine skyline lands construction loanDebt of $215 million from Affinius Capital is expected to help finance a 70-story residential project.
People of Note
Berkadia expands affordable housing group; Gilbane adds executive for biotech; Realterm names investments headRead the latest on new hires, promotions and other personnel changes.
CoStar Insight
First-quarter hotel commercial mortgage-backed security volume declined 44% year over yearIn the first quarter, 41 U.S. hotel deals involving commercial mortgage-backed securities, or CMBS loans, generated around $1.1 billion of proceeds.

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Lincoln taps Cushman executive to grow brokerage business in uncertain economyTyler Courtney is starting as executive managing director of national brokerage at the real estate firm.
Comeback for big tech? LinkedIn shells out $75 million for Silicon Valley office.The Microsoft-owned social media giant is adding to the growing optimism that the industry is returning to expanding its real estate.
CoStar Insight
Container pricing and truck crossings point to slowdown in importsObstacles for West Coast and US-Mexico border logistics on the rise
HNN Video
Group demand remains steady throughout Raines' Southeast US hotel portfolioRaines, a South Carolina-based hotel management company, has seen steady corporate and group demand to start the year across its hotel management portfolio in the Southeast U.S. Leisure demand has similarly remained elevated.
Tech company signs one of Boston's largest office leases of the yearKlaviyo is extending a yearslong expansion plan with a deal to stretch its downtown headquarters.
Fast-changing tariff policy overtakes Dallas Fed eventSpeakers on North American trade struggled to keep up with the policy shifts.
Firm inks headquarters deal to anchor sprawling mixed-use Atlanta projectBoehringer Ingelheim has signed on to anchor Toro Development Co.'s overhaul of a former State Farm campus.
Barings takes over San Diego tower with renovations planned to help boost leasing oddsThe deed transfer after a loan default reflects a national trend of older properties changing hands.
CMBS Notebook
Investor picks up Houston office campus; Michigan high-rise faces foreclosure; Loans tied to life sciences draw warningA weekly look at the commercial mortgage-backed securities business.
European resorts come of age as owners get creative to drive asset valueResorts have transformed from being on the fringe of the hotel industry and at a lower common denominator, with owners and operators now seeking a myriad of ideas and solutions to add value, experience, seasonality and — ultimately — average daily rate and the bottom line.
HNN Video
IHG Hotels & Resorts grows high-end brands and conversions globallyIn a video interview, IHG Hotels & Resorts' Julienne Smith shares updates on IHG's Regent, Voco, Ruby brands and more
Rollercoaster tariff ride leaves real estate industry scratching its headThe silver lining for investors is interest rates may be cut faster: A letter from the UK
Turning point? UK office vacancy rate falls for the first time in five yearsMore offices were occupied than vacated last quarter for the first time since the pandemic began.
Global Report
CoStar World News for April 10Luxury travelers boost Thailand resort island’s tourism; Universal plans first European theme park in UK; French property investment rises
UK travel experts weigh whether whisky glass is half fullAs U.S. tariff policy sends shockwaves through economies around the world, travel and hotel experts in the United Kingdom weigh the potential impact to their business.
Podcast
Storytelling is the North Star at Olympia Hospitality's boutique hotelsOlympia Hospitality's John Schultzel tells the Hotel News Now podcast about the company's growth objectives in college towns and other niche markets.
HNN Video
Hotel Equities taps new development partner, expects luxury segment to continue to growBrad Rahinsky of Hotel Equities, which just announced a new strategic partnership, said he sees opportunities in the upper-upscale and luxury U.S. hotel markets.
Changing of the guard for Blackstone's European real estate debt teamDavid Gorleku is set to take over from the retiring Steve Plavins at the global investment firm.
Universal commits to opening first European theme park in UKThe government has signed a deal with the production giant for a multibillion-pound development in Bedford.
Featured
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    Economy
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    Here’s a Live Overview of What’s Happening in the Market Today
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    Industry pros pick work that had a major impact on their markets
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    New leasing drives availability downward in the 'Big Apple'
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    Office
    New music venue, offices and restaurants drive interest in changing part of Virginia capital
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    Tell Me More podcast hosts reinforce the importance of focusing the data
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    International News
      United Kingdom
      London is seeing a flurry of new luxury hotels
      United Kingdom
      Germany
      Sister publication Thomas Daily gathers metrics like rent and yield for the top 100 cities in Germany
      Germany
      Interview
      Interview
      Norway
      Guilain Decrop talks to Business Immo about the company's recent French acquisitions and plans
      Norway
      United States
      The bustle approaches pre-pandemic levels with order of five-day office week at its headquarters
      United States
      United Kingdom
      Agency wants to reduce administrative burden and costs of dual regulation in US and UK
      United Kingdom
      United Kingdom
      Legendary rock bands announce single shows in Edinburgh and Birmingham
      United Kingdom
      Canada
      CPP Investments taps CBRE to market office complex ahead of move to new Toronto tower
      Canada
      France
      It covers an area of around 10,000 square metres.
      France
      Marriott's Bonvoy loyalty program and hotel brand offerings are designed to keep guests in the global company's ecosystem, said Tony Capuano.
      Lincoln Property Co. sells Denver offices for 10% of what it paid in 2018
      Westside Investment Partners is taking advantage of the market's sluggish recovery to extend its acquisition streak.
      Westside Investment Partners is taking advantage of the market's sluggish recovery to extend its acquisition streak.
      Amazon doubles down on big real estate spending as others pull back
      The Seattle-based tech giant is expanding its U.S. logistics footprint despite obstacles as a result of tariffs.
      The Seattle-based tech giant is expanding its U.S. logistics footprint despite obstacles as a result of tariffs.
      People of Note
      Read the latest on new hires, promotions and other personnel changes.
      In need of some retail wizardry, Chicago’s Mag Mile welcomes Harry Potter
      The famed book and movie franchise opened its latest permanent interactive retail experience.
      The famed book and movie franchise opened its latest permanent interactive retail experience.
      Featured
        CoStar Economy
        CoStar Economy
        Economy
        Sentiment sours as businesses and consumers brace for fallout
        Economy
        CoStar Insight
        CoStar Insight
        Office
        Activity surges to highest level in more than five years
        Office
        CoStar Insight
        CoStar Insight
        Hospitality
        Easter shift helped with last week’s results, but operator sentiment is negative
        Hospitality
        Market Moves
        Market Moves
        Finance
        Here’s a Live Overview of What’s Happening in the Market Today
        Finance
        Impact Awards
        Impact Awards
        Top News
        Industry pros pick work that had a major impact on their markets
        Top News
        CoStar Insight
        CoStar Insight
        Analytics
        New leasing drives availability downward in the 'Big Apple'
        Analytics
        Featured
        Featured
        Office
        New music venue, offices and restaurants drive interest in changing part of Virginia capital
        Office
        Podcast
        Podcast
        Hospitality
        Tell Me More podcast hosts reinforce the importance of focusing the data
        Hospitality
        International News
          United Kingdom
          London is seeing a flurry of new luxury hotels
          United Kingdom
          Germany
          Sister publication Thomas Daily gathers metrics like rent and yield for the top 100 cities in Germany
          Germany
          Interview
          Interview
          Norway
          Guilain Decrop talks to Business Immo about the company's recent French acquisitions and plans
          Norway
          United States
          The bustle approaches pre-pandemic levels with order of five-day office week at its headquarters
          United States
          United Kingdom
          Agency wants to reduce administrative burden and costs of dual regulation in US and UK
          United Kingdom
          United Kingdom
          Legendary rock bands announce single shows in Edinburgh and Birmingham
          United Kingdom
          Canada
          CPP Investments taps CBRE to market office complex ahead of move to new Toronto tower
          Canada
          France
          It covers an area of around 10,000 square metres.
          France
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