Category : Blog

NIMBYism threatens housing growth on the Upper East Side
Blog

NIMBYism threatens housing growth on the Upper East Side

REW Staff
Housing our growing population is among New York City’s most pressing land use challenges. You would not know that though when examining the activity of some community groups. The latest example of NIMBY (Not in My Backyard) behavior is the proposal before Manhattan Community Board 8 to put in place height limits on new buildings …
Higher Works: Buildings with a bird’s eye view of 4th July celebrations
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Higher Works: Buildings with a bird’s eye view of 4th July celebrations

REW Staff
America gives New York’s waterfront apartment developers a patriotic pedestal to showcase their works tonight. When the annual 4th July celebration gets underway at 9 p.m., thousands of residents will flood rooftops and balconies, or just gaze through their floor-to-ceiling windows for their own birds-eye view of the fireworks. And when those pyrotechnics pop, that …
Former socialite Verina Hixon evicted, fined for not paying Upper East Side co-op fees
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Former socialite Verina Hixon evicted, fined for not paying Upper East Side co-op fees

REW
A well-heeled Manhattanite and former friend of Ivana Trump has been pushed out of her Upper East Side co-op and forced to pay close to $700,000 in penalties, ending a contentious legal battle that stretches back nearly two decades. Verina Hixon, a 74-year socialite who once, reportedly, owned the sole...
New theater company inks deal for Broadway studio
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New theater company inks deal for Broadway studio

REW
Advisors Commercial Real Estate arranged a new 51,436 s/f lease at 1601 Broadway for Open Jar Studios, a new live theater venture led by Broadway director and choreographer Jeff Whiting and backed by several top names in the theater community. Jeffrey Rosenblatt, principal, and James Cleary, director, with Advisors Commercial...
Cuomo unveils $150B infrastructure investment plan
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Cuomo unveils $150B infrastructure investment plan

REW
Governor Andrew Cuomo has announced a $150 billion infrastructure plan for the next five years that will help finance a new Port Authority Bus Terminal and upgrades to the MTA’s subway system. The plan builds on an existing $100 billion capital project initiative launched in 2016. It will be funded...
Insurer doubles office space at 350 Madison
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Insurer doubles office space at 350 Madison

REW Staff
RFR Realty announced that that global specialist insurance broker JLT and investment firm Cetares Management have taken additional space at 350 Madison Avenue, its 25-story office tower in Midtown. The 19,516 s/f ninth floor is currently the only space available at the property. The leases were negotiated on behalf of RFR by AJ Camhi, Senior …
Brokers drawn to Quay Tower for its launch of sales
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Brokers drawn to Quay Tower for its launch of sales

REW Staff
More than 150 brokers experienced incredible views of the Manhattan skyline beyond the East River at Quay Tower. Quay Tower, a 28-story building, was designed by ODA’s Eran Chen with interiors by AD100 California-based firm Marmol Radziner designed to embrace its waterfront and park location at Pier 6. The 126-unit building offers two- to five-bedroom residences that …
Knotel inks boutique deal
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Knotel inks boutique deal

REW Staff
JLL has completed a new transaction for 6 West 48th LLC with Knotel at 6 West 48th Street. The flexible workspace provider signed a lease for 23,500 s/f at the Class A, 12-story office building. The building owner was represented by Amanda Bokman, managing director, and Lloyd Desatnick, senior vice president, both with JLL. Knotel …