21St Century Fox

• April 2017 New York Commercial Real Estate Market Report
• New York Office Rents The Manhattan office market is strong with leasing activity nearly 40% higher year-over-year. With two large deals downtown, new leases and renewals there was a total of 3.15 million square feet, an increase of 10% over activity from February 2016. Absorption was positive for the month at 430,000 square feet, and the availability rate climbed 50 basis points from a year ago to 10.1%. Manhattan’s average asking rent in February was $73.57, an increase from $71.56 a year earlier. Leasing activity in Midtown rose partly by two large deals at 1211 Sixth Avenue, where 21st Century …
  
  
• May 2015: New York New Developments
• New Developments China's largest publicly-traded developer is buying a majority stake in at 130 West 42nd Street, a 30-story office building for $125 million. Real estate funds are receiving more investment from pension funds, endowments and institutional investors. Madison Capital is buying a retail space encompassing at least 32,000 square feet at 549-555 and 557-559 Broadway in Soho for $400 million. Asking rent for the new ground-floor retail space will likely exceed $1,000 per square foot. Scholastic paid $25.5 million for the 10-story property at 557-559 Broadway in 2010, and $255 million for the 12-story property at 549-555 Broadway last …
  
  
• March 2015: NYC New Developments
• Major Developments Manhattan Borough President and a City Council member have been talking to developers to find a new plan for the historic South Street Seaport site to prevent a 494-foot tower from being built.The city is looking to revamp a program where property owners can transfer unused air rights to others. -The requirements are so difficult that only 10 successful transfers have been made out of almost 1,000 landmarks.. Those transfers took place in Midtown or Lower Manhattan. The NY state's attorney general's office is closing a 36-story, illegal hotel owned by an affiliate group. The property at 49 …