Short and sweet forecast for holiday shopping
Brick and mortar stores enjoying favored status as more folk turn shopping into part of the holiday cheer.
Category : Featured
New poll shows SoHo locals back rezoning push
According to the Fix SoHo/NoHo Coalition, most voters support changing zoning from its current manufacturing status.
Ski champ Lindsey Vonn opens American Dream snow park
North America’s first indoor real-snow ski and snowboard park will be open year-round, with climate-controlled slopes and a 180,000 s/f snow center
Council passes bill to protect birds from glass skyscrapers
The City Council has passed legislation that would force developers to use bird-friendly glass in new properties. The legislation will affect all new development by requiring that 90 percent of wall surfaces below 75 feet are bird-safe. The bill, sponsored by Rafael Espinal Jr., would also require the installation of...
MFA signs 100,000 s/f lease at 1251 Ave. of Americas
Akerman will occupy the entire 37th and 38th floors and partial 35th floor of MFA's flagship tower.
TriBeCa office building sold for $205.5 million
250 Church Street, a 16-story, 237,000-s/f office building located in Manhattan’s trendy TriBeCa neighborhood has been sold for $205.5 million to Columbia Property Trust and Normandy Real Estate Partners. An Avison Young Tri-State Investment Sales group including Principals Vincent Carrega, Neil Helman, Charles Kingsley, Jon Epstein and James Nelson, head of Tri-State Investment Sales, represented...
Down the hole: Even down payments on NY homes are astronomical, study says
By The Property Club Team Whether you’re a renter or a homeowner, living in New York City doesn’t come cheap. Renting is becoming more and more expensive, which is why many New Yorkers are thinking of buying their own place. That’s not as easy as it sounds, as home prices...
Makeover for Fashion District tower where TAMI now rules the roost
Savitt Partners has repositioned 530 Seventh Avenue in the Fashion District as a haven for modern TAMI tenants. The 490,000 s/f has a 70 percent office tenancy, a major turnaround from the 95 percent fashion related companies who occupied the building five years ago. The Savitt Partners team of Brian...
Developers shop for standout stores, restaurants in race to draw crowds
By Sabina Mollot In Jersey City, where residential rents have been soaring as those across the Hudson do the same, developers of multifamily properties with retail spaces have started to see their commercial tenants as a key ingredient in the ongoing amenity war. Retail is also a factor in creating...
Tishman Speyer signs 320,000 s/f lease at Morgan North development
Tishman Speyer has reached an agreement with Dentsu Aegis Network to lease 320,000 s/f of office space at its Morgan North redevelopment at 341 Ninth Avenue in Chelsea. Under the 15-year lease, Dentsu Aegis Network, a subsidiary of Tokyo-based international advertising and public relations firm Dentsu Inc., will occupy half...