Jones Lang LaSalle Poaches Six More

There’s still more fallout from the CB Richard Ellis-Trammell Crow Company merger. Jones Lang LaSalle has picked up an entire team of six from the old New York TCC. The team, led by veteran broker Jim Quinn, comes to JLL after CBRE bought Trammell last December.

CBRE wasn’t exactly jumping at the chance to extend Read More

Midtown Keeps Book Giant; Trammell ‘Like a Morgue’

Bucking a recent trend for media and publishing, Simon & Schuster isn’t moving. For now.

The publishing titan has renewed its lease of 292,000 square feet at its headquarters at 1230 Avenue of the Americas.

It will keep space on floors 4, 9 through 14, and 17. The five-year renewal is a short one, lasting Read More

$600 a Foot in Midtown South; Blue Christmas for Trammell?

It’s been a busy week for Murray Hill Properties. As The Observer reported first last week, Murray Hill Properties is in contract to purchase 1 Park Avenue, the 920,000-square-foot building in midtown south.

Now, the company is putting a smaller asset, 417 Fifth Avenue, up for sale, according to a source.

The 11-story and roughly Read More

$600 a Foot in Midtown South; Blue Christmas for Trammell?

It’s been a busy week for Murray Hill Properties. As The Observer reported first last week, Murray Hill Properties is in contract to purchase 1 Park Avenue, the 920,000-square-foot building in midtown south.

Now, the company is putting a smaller asset, 417 Fifth Avenue, up for sale, according to a source.

The 11-story Read More

CBRE Buys Firm, Inches Toward Fortune 500

CB Richard Ellis announced Tuesday morning that it will purchase Trammell Crow for $2.2 billion.

CBRE already has more than 200 brokers — the most in New York — and now picks up 24 more from Trammell Crow, which has the 15th most brokers in the city, according to October 2006 statistics from the Read More