Lois Weiss
Latest Articles
Third Ave. is unlikely investor hotspot as Manhattan's core leases up
Third Avenue was never a first for tenants. But as Class A office towers along Fifth, Sixth, Madison and Park avenues lease to capacity, Third is becoming a respectable finish. “All of a...
Foreign retailers are flocking to Manhattan, gobbling up prime storefronts
Don’t be fooled by those empty storefronts because retailers are fighting to find space in prime Manhattan neighborhoods. “Where there is good product there is competition for it,” said Matt Chmielecki of CBRE. ...
Companies are once again battling for Manhattan office space and prices are surging
Trophy offices are so hot, brokers say tenants better put a ring on it before someone else does. Adam Henick of Current Real Estate Advisors had financial clients that were...
NYC building investors are getting prices last seen 20 years ago as values bottom out
Calling anyone with cash: There’s never going to be a better time to buy a piece of NYC. “Values have come down a lot and stabilized in 2024 — and...
Can the AI boom save NY's ailing commercial properties?
In December, President-elect Donald Trump and SoftBank CEO Masayoshi Son announced $100 billion in US investments to create more than 100,000 new jobs in artificial intelligence and related infrastructure. Then, last week, Hussain Sajwani,...
A look at the latest crop of top towers rising in NYC
After nearly half a decade of COVID stagnation, morale will be boosted as fresh, high-tech developments that will reshape NYC’s skyline are closer to reality. They’re adding sorely needed housing and new...
Pols to line the red carpet at NY Real Estate Board's 129th gala
The Real Estate Board of New York (REBNY) celebrates the city’s civic leaders tomorrow evening during its 129th annual gala at the Glasshouse in Midtown West. Guests will include REBNY...
Following the foreclosure sale of NYC's Friars Club, the son of the late William B. Williams aims to retrieve a coveted photo inside
The DJ had a framed headshot prominently displayed in the club following his death -- now, with the building's future use in flux, his son wants it back.
NYC's famed Friars Club will head to a foreclosure auction later this month after a series of financial stumbles
The landmarked Friars Club townhouse in Midtown, a former haven for comedians and A-listers, could be yours for peanuts.
As firms compete for luxury office space, it's feast or famine for building owners
It's a tale of two cities. While ultra-luxury office towers in hot ’hoods are seeing massive asking rents of up to $300 per square foot, side-street buildings are lucky to...
It's alive! Manhattan's long vacant retail spaces are finally rising from the dead
The corpses of big retailers — some decades old — haunt the streets of Manhattan. Now, a few are finally being brought back to life. The blight was particularly gory...
Visionary developers are building tricked-out new office towers to tempt powerful tenants
NYC’s office market is still in hot water, but as trophy towers see renewed demand, some visionary developers are building new-construction, best-in-class workspaces. Here’s a look at the three newest...
NYC's most iconic buildings are plummeting in value and savvy investors are gobbling up the deals
New York City is for sale — and it’s going for bargain basement prices. Now, the selling spree is spurring a buyer feeding frenzy that even the city’s most iconic...
The largest fountain in the city can now be yours for $5M a year
The next brand to lease the former bank space at 1251 Ave. of the Americas for a mere $5 million per year will also make a splash by using its...
Vying for a Manhattan forever-home, retailers are racing to buy their storefronts
Prime city retail storefronts are so rare that businesses are opting for the nuclear option — buying. Kering and Prada bought their stores on Fifth Avenue last year for $835...
Historic building that housed the beloved French restaurant La Grenouille sells for $14.3M — here’s what it will become
The property at 3 E. 52nd St. that housed the fabled La Grenouille, which announced its closure in September, has sold to a new owner.
This area is America's fastest-growing suburb thanks to affordability — and also seeing skyrocketing luxury sales
While wealthy home buyers are targeting global hotspots like Dubai and New York, they're also boosting high-dollar home sales around Lake Norman.
Small cottage no longer in use by the Coast Guard goes up for auction in the Long Island Sound
On Fishers Island, a Cape Cod-style residence is now up for grabs in a sale that could close on Thursday.
Executive Workspace sues Volkswagen for $4M over NYC EV charging station deal
Executive Workspace alleges in the suit Electrify America never acted in good faith after inking the 10-year deal.
NYC tenant makes life living hell for neighbors by running naked through hall, bashing walls with hammer
Alexandre Lais' bizarre antics include "constant" noise and nudity, one neighbor said.