Category : Blog

Work is underway on a new Karl Fischer-designed East Village rental. The Brody//Amirian Group — which until now has focused on the Brooklyn residential market … Continued

Former MTA boss Elliot “Lee” Sander has joined construction management firm HAKS Group Inc. as president and CEO. Sander will be working with chairman and co-founder Husam Ahmad, P.E., to expand the firm’s global operations. “HAKS is on an extraordinary growth trajectory, said Sander. “I am particularly looking forward to directing an organization of this caliber, taking on major projects on a global scale while achieving the highest level of customer satisfaction and employee engagement.”

In about a decade from now, a six-story retail complex will open on the Hudson Yards site in Midtown West. The shops there, including two floors of restaurants and a dine-in movie theater, will should for nearby luxury towers what the Time Warner Center, one of Related’s earlier experiments in large-scale development, did for Columbus Circle in 2003. “It’s certainly helped establish the Eighth Avenue corridor as highly desirable residential location,” said Jacqueline Urgo of the Marketing Directors.

By Liana Grey When Sapna Advana, an urban planner, joined the Brooklyn Waterfront Research Center as a research fellow six months ago, she polled residents in Sunset Park about changes they’d like to see to see along the harbor. The majority asked that the waterfront remain exactly as it’s been for decades: a working port, with cranes, warehouses, and graving docks, where cargo ships are drained of water. “Residents favor industrial over high-rises,” said Advani, who directs planning at Chelsea West Architects. “They want proximity to well-paying jobs.”

Columbia Doctors, a group of more than 200 physicians affiliated with Columbia Hospital, has leased 120,000 s/f at 1290 Avenue of the Americas sources familiar with the deal say. The organization will take 1290 Avenue of the Americas’ entire third floor, a roughly 110,000 s/f space, as well as a retail duplex abutting 51st Street that it will convert into a dedicated entrance.

Mayor Michael Bloomberg announced that upscale handbag maker Coach will be the first major commercial tenant to take space at the planned Hudson Yards development. Coach will purchase a 600,0000 s/f commercial condominium share in the tower - more than one-third of the available commercial space. Together with the completion of the #7 subway line extension and the new Hudson Boulevard Park, the deal will kick-start the development of the entire Hudson Yards area, a 60-block and 300-acre neighborhood. None of the parties involved in the deal would disclose further details of the sale, but the mayor said, “Today’s news will have a domino effect on the rest of the development.”

by Daniel Geiger Investor Steven Elghanayan is in talks to buy a retail portfolio from the large commercial landlord Vornado Realty Trust according to sources. … Continued

by Daniel Geiger With news that the Related Companies has reached advanced negotiations to have the apparel company Coach anchor a new office tower on … Continued

By Roland Li At the end of 2003, Bruce Ratner’s Forest City Ratner won the bid for N.Y.U. Downtown Hospital’s parking lot, a development site … Continued

By Roland Li On Sept. 11, 2001, Tara Stacom of Cushman & Wakefield was walking to work on the east side of Fifth Avenue. She … Continued