Base Capital Group and Hartshorne Plunkard Architecture’s plans for a 12-story hotel at 1043 West Fulton Market Fulton Market in recent years has been the epicenter of office development in Chicago, helping the city attract new corporate tenants, retailers and workers. Now, the Near West Side neighborhood is ground zero for another kind of development […]
Don’t worry, WeWork has only committed $47B to landlords
WeWork CEO Adam Neumann (Credit: iStock and Getty Images) WeWork’s future as a public company collided headlong this week with investors’ biggest concern: What happens in a downturn? Nine hours after the co-working company filed its IPO prospectus, the Dow plunged 800 points on Wednesday. With a possible recession looming, WeWork’s parent, the We Company, […]
Ex-LA Planning chief fined big bucks for illegal lobbying, new twist in battle over GPI Companies’ planned demo of Amoeba Records: Daily digest
Every day, The Real Deal rounds up Los Angeles’ biggest real estate news. We update this page at 9 a.m. and 4 p.m. PT. Please send any tips or deals to tips@therealdeal.com This page was last updated at 9 a.m. PT Ex-Planning Department head slapped with big fine. Michael LoGrande has been hit with […]
Make Greenland Great Again? Trump wants to buy Arctic territory
Donald Trump and a Greenland landscape (Credit: Getty Images and iStock) It’s not Manhattan real estate, but President Trump sees the upside in Greenland, an autonomous Danish territory surrounded by the Atlantic and Arctic oceans. Trump has brought up the idea of buying Greenland with his advisors on multiple occasions and directed his White House […]
Universal Music Group is expanding footprint at Colorado Campus office complex: sources
Universal Music Group CEO Lucian Grainge and a rendering of Colorado Campus Building B Universal Music Group is close to leasing another building at the renovated Colorado Campus in Santa Monica, The Real Deal has learned. The company’s expansion — it will take an additional 33,140 square feet — comes at a time when some […]
Apple on the hunt for enormous Manhattan office space
Clockwise from left to right: 50 Hudson Yards, Farley Post Office redevelopment, 1 Madison Avenue, and Apple CEO Tim Cook (Credit: Hudson Yards, Skanska, Google Maps, and Getty Images) Apple has joined tech giants like Facebook and Amazon in the competition to lock up prime blocks of large Manhattan office space. The Cupertino, California-based tech […]