Penn Station

Governor Kathy Hochul announces that the Metropolitan Transportation Authority, in partnership with Amtrak and NJ TRANSIT, is requesting proposals from architecture and engineering firms to guide the Penn Station reconstruction effort recently outlined in the Penn Station Master Plan study that was announced in the fall.
Politics & Real Estate  ·  Transportation
New York City

Hochul Moves Penn Station Revitalization Into Design Phase

By Mark Hallum
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Renderings of pedestrian plazas and new entrances to Penn Station.
Politics & Real Estate
New York City

Former Empire Station Complex Still Causing Anxiety Despite Revisions

By Mark Hallum
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A rendering of 12 Penn Plaza.
Leases  ·  Office
New York City

Teleconferencing Firm Poly Nabs 9K SF at 12 Penn Plaza

By Mark Hallum
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A man at a podium, smiling, surrounded by other people.
Features
National

Sunday Summary: Hail the Conquering Eric Adams!

By The Editors
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The main concourse of Grand Central Terminal.
Design + Construction  ·  Finance
New York City

Enhanced Transit Options Boost Midtown’s Wall Street Culture

By Andrew Coen
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One of the potential redevelopment plans for Penn Station that the MTA unveiled earlier in 2021.
Design + Construction  ·  Infrastructure
New York City

What Happens to Cuomo’s Penn Station Renovation Plan Under Kathy Hochul?

By Rebecca Baird-Remba
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A rendering of the planned Bay Shore Residences in Bay Shore, Long Island.
Finance  ·  Construction
New York

Tritec Nabs $173M Financing Package on Long Island Rental Project

By Mack Burke
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TRAIN VEIN: The fresh tunnel that is supposed to be a part of Gateway would be the first new artery under the Hudson River since the Lincoln Tunnel opened in the 1930s.
Design + Construction  ·  Infrastructure
New York City

Long-Delayed Gateway Tunnel Clears Federal Approval

By Nicholas Rizzi
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Marc Holliday at his office in Midtown showing off the model of One Vandy.
Features
National

Sunday Summary: Marc Holliday Believes 2021 Office Life Will Be Off the Hook!

By The Editors
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Steven Roth
Leases  ·  Office
New York City

Vornado Realty Trust’s Steven Roth Sees Strong Office Turnaround in NYC

By Andrew Coen
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Andrew Cuomo
Politics & Real Estate
New York

New York’s $212B Budget Includes Rent Relief, Tax Hikes for Top Earners

By Aaron Short
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Two men, one standing at a podium and the other seated behind him.
Analysis  ·  Coronavirus
New York City

The NYC Real Estate Industry Wants Big Things From Biden. Take a Number.

By Aaron Short
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TRAIN VEIN: The fresh tunnel that is supposed to be a part of Gateway would be the first new artery under the Hudson River since the Lincoln Tunnel opened in the 1930s.
Design + Construction  ·  Development
New York City

Light at the End for the New York Region’s Gateway Project

By Patrick Sisson
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Gov. Cuomo opened the new $1.6 billion Moynihan Train Hall on Jan. 1 to great fanfare.
Design + Construction  ·  Architecture
New York City

Moynihan Train Hall: All Flash and No Substance?

By Rebecca Baird-Remba
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Manhattan skyline
Research
New York City

Manhattan Office Leasing Activity Plunges 56 Percent in 2020: Report

By Nicholas Rizzi
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A woman with her hands folded standing among office desks.
Finance  ·  Construction
New York City

Turner & Townsend’s Linda Foggie On Why Manhattan Remains in Demand

By David M. Levitt
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Farley Post Office
Leases  ·  Office
New York City

Facebook Closes 730K-SF Deal at Farley Post Office

By Nicholas Rizzi
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NEW YORK, NEW YORK - APRIL 24: A view of a Starbucks Coffee open only for mobile orders during the coronavirus pandemic on April 24, 2020 in New York City. COVID-19 has spread to most countries around the world, claiming over 196,000 lives lost with over 2.8 million infections reported. (Photo by Cindy Ord/Getty Images)
Coronavirus
National

Starbucks to Close 400 Stores as it Moves to To-Go Orders

By Nicholas Rizzi
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