Category : Featured

Construction & DesignFeatured

The first Hudson Yard tower reaches its full height

REW
Related Companies, Oxford Properties Group and Tutor Perini today announced the topping out of 10 Hudson Yards, the future home of Coach Inc., L’Oréal USA, SAP and VaynerMedia. Ten Hudson Yards is already 85 percent committed and one of five commercial towers planned for the 28-acre Hudson Yards development. It will officially...
Deals & DealmakersFeatured

VaynerMedia moves corporate HQ to 10 Hudson Yards

REW
VaynerMedia, a social media digital agency, will move its corporate headquarters to 10 Hudson Yards. The deal, announced by Related Companies, Oxford Properties Group and VaynerMedia itself, was for 88,000 square feet of office space that will be occupied by over 450 of VaynerMedia’s employees in New York City. The...
FeaturedResidential

Brokers share the big mistakes that could cost you business

REW
Residential real estate brokers are often portrayed as slick, confident, fast-talking salespeople, always impeccably dressed, and well-coiffed (see: all the stars of Million Dollar Listing). But brokers are people too — they make mistakes, some of which could be costly and jeopardize future business. Broker’s Weekly spoke to agents to...
How Superstorm Sandy turned the tide on sustainability in NYC
Construction & DesignFeaturedGreen Building

How Superstorm Sandy turned the tide on sustainability in NYC

REW
Nowadays, it pays to be green in real estate. New York City, a few years removed from being battered by the deadliest storm to ever hit the northeastern United States, is now the epicenter for addressing climate change, with green buildings continuing to rise for reasons both benevolent and profitable....
Deals & DealmakersFeatured

Efforts stepped up to preserve low-rise East Harlem character

REW
One of Mayor Bill de Blasio’s biggest plans has been affordable housing — an ambitious plan that would see 200,000 units built in the next decade in New York City. But an often overlooked part of that plan is preserving the affordable housing that is already there, on the small...
Deals & DealmakersFeatured

City slammed for creating buyout boogeymen

REW
Legal experts are warning New York City landlords to be  afraid of strict new rules governing their right to make buyout offers to tenants. “Ronald Reagan once said that the nine scariest words in the English language are ‘I’m from the government and I’m here to help,’” said attorney Adam...
Construction & DesignDeals & DealmakersFeatured

Shorenstein to spend $30M upgrading 1407 Broadway

REW
Shorenstein Properties has launched a $30 million renovation at 1407 Broadway, the 1.1 million square foot tower it bought for $330 million in the spring. Shorenstein acquired the 1407 Broadway ground lease from Abraham Kamber Associates and the sublease from Lightstone in April 2015. In a press release, the company said the capital improvement program “will enhance 1407...
Why New York City will always be hooked on high rise
FeaturedREBNY Watch

Why New York City will always be hooked on high rise

REW
By John Banks, president, REBNY Over the summer, some public officials issued a letter to Mayor de Blasio’s City Planning chair, Carl Weisbrod voicing concerns over “super-tall” buildings along the 57th Street corridor below Central Park. Among their grievances listed were the lack of approval needed to build these large...
Deals & DealmakersFeatured

Eretz looks to TAMI for profile update at 252 W37th

Linda O'Flanagan
Eretz Group has tapped a NGKF leasing team to draw TAMI tenants to its corner of Silicon Alley. After flirting with a sale of the 150,000 s/f 252 West 37th Street in 2011, the firm’s Nicholas Mok said the plan now is to “unlock this asset’s full potential while making...