New York-based Clarion Partners has successfully closed more than a dozen targeted, single-asset healthcare real estate investments, spending well over $1 billion to expand its medical portfolio. The strategic acquisitions deepen the firm's partnerships with established operators and highlight a strong institutional conviction in the medical outpatient sector.
New York-based Clarion Partners has successfully closed more than a dozen targeted, single-asset healthcare real estate investments, spending well over $1 billion to expand its medical portfolio. The strategic acquisitions deepen the firm's partnerships with established operators and highlight a strong institutional conviction in the medical outpatient sector.
Daniel Romualdez Architect P.C. is relocating its operations to the historic Mercantile Building in Midtown Manhattan. The firm inked a deal for a 5,670-square-foot space at 10 East 40th Street, signaling continued demand from boutique design tenants in the Bryant Park submarket.
The nation's largest municipal public employee retirement system has elected to retain its Queens headquarters, signing a short-term extension at a prominent Long Island City office property. The move highlights a continued reliance on the neighborhood's premier office assets by major institutional tenants.
Governor Kathy Hochul has formally presented Albany lawmakers with a legislative framework to impose a pied-à-terre tax on non-primary residences in New York City, initiating the tier at a 4 percent rate for properties valued at $1 million and above. The proposal sets a different baseline than the $5 million threshold previously discussed by the Governor and Mayor Zohran Mamdani.
A comprehensive look at the national office market heading into 2026 — from tightening availability in gateway cities to the Fed's rate path and REIT performance.