Category : Featured

De Niros partner on Shanghai hospitality project
Construction & DesignDeals & DealmakersFeatured

De Niros partner on Shanghai hospitality project

REW Staff
by REW Staff939
Robert De Niro and his son, Douglas Elliman broker Raphael, this morning announced a plan for a major new hotel and retail concept in Shanghai. The De Niros are partnering with Ira Drukier and Richard Born of BD Hotels, Sam Natapoff of Empire Global Ventures LLC, Wilson Lu of Amerasia S&T Corp, and Tribeca Enterprises for the project dubbed Project 179 on Nanjing Road in the waterfront Bund district in central Shanghai, which serves as the financial capital of China. The actor signed the agreement in Shanghai in a signing ceremony with the property’s owner, the Shanghai Bund Investment Group.
Swedes design a storm-proof Far Rockaway
Construction & DesignFeatured

Swedes design a storm-proof Far Rockaway

REW Staff
by REW Staff866
A team of Swedish architects has won a competition to design a new storm-proof Far Rockaway community. White Arkitekter, based in Stockholm, will design the mixed-use, mixed income development on an 80+ acre City-owned site called Arverne East. The company's designs were selected from over 100 submissions from 20 countries in the FAR ROC competition as the best for building a sustainable and storm-resilient community that will meet the new physical and regulatory challenges of waterfront development while still being affordable.
Investors put new Times Square hotel on drawing board
Deals & DealmakersFeatured

Investors put new Times Square hotel on drawing board

REW
by REW956
The 50 million plus visitors flocking to Times Square each year may soon have a few more beds to choose from. A partnership between Soho Properties and MHP, formerly known as Murray Hill Properties, purchased 560 Seventh Avenue, the current home of Parsons The New School of Design, for $61 million. Although the project is still in its early stages and no definite plans have been made, a spokesman for Soho Properties said that the company has a “broad conceptual idea for a hotel and retail space.”
Ex-Thomspon hoteliers checking out offers
Deals & DealmakersFeatured

Ex-Thomspon hoteliers checking out offers

Sarah Trefethen
by Sarah Trefethen931
Stephen Brandman is tight-lipped on his next move, but if he takes his own advice, the former Thompson Hotels CEO has some surprises in store for the New York hotel market. “Find the thing that makes you special,” he told attendees at the New York City Hotel Development Forum yesterday (Tuesday). According to Brandman, 60 Thompson in SoHo was the first hotel in the city to offer a rooftop bar. These days, in contrast, it’s hard to find a hotel that doesn’t offer some sort of rooftop experience.
Ricky’s testing market with pop-up concept
FeaturedRetail

Ricky’s testing market with pop-up concept

REW Staff
by REW Staff700
Ricky’s Halloween, backed by the 23-year-old brand of ultra-hip “beauty shops,” has leased new pop-up locations for its Halloween retail stores in the Financial District and West Chelsea. These are new retail markets for the retailer, which is proving a major player in the niche temporary industry with 17 pop-up locations that also showcase items from its year-round permanent stores. The company leased the former J&R Records space, which is comprised of two adjacent storefronts at 33 and 34 Park Row between Beekman and Ann Streets.
Deals & DealmakersFeaturedRetail

YogaWorks stretching into Brooklyn

REW
by REW686
A second tenant has been added to the roster of retailers at the former City Department of Finance building at 210 Joralemon Street in Brooklyn. YogaWorks, a national yoga practice chain, has taken space at the Brooklyn Municipal Building in Downtown Brooklyn. It will join cosmetics chain Sephora, which will be the anchor tenant and occupy 7,000 s/f and a basement on a ground-level corner spot. YogaWorks will occupy 5,800 s/f in the building incorporating two large studios featuring 13 ft. ceilings, locker rooms with showers and towel service, a lifestyle boutique and a tea bar.
Deals & DealmakersFeatured

Brookfield tuned into tenants and neighbors

Sarah Trefethen
by Sarah Trefethen1260
A low-key crowd of music fans seated on folding chairs gathered last Tuesday evening to enjoy a selection of works by Caroline Shaw, the 30-year-old singer, violinist and composer who won the Pulitzer Prize for music this year. The venue was one of the most active locations on Lower Manhattan’s contemporary music map: the atrium on the first floor of the eight million square feet office complex recently renamed Brookfield Place. “Real estate shouldn’t just be the buildings that are standing there,” Daniel M. Kindbergh, senior vice president for operations at Brookfield, told Real Estate Weekly. “It should integrate and be a part of the community and make the community better.”
Reingold files suit against Cushman & Wakefield
Deals & DealmakersFeatured

Reingold files suit against Cushman & Wakefield

Sarah Trefethen
by Sarah Trefethen890
Cushman & Wakefield’s chief operating officer, Suzy Reingold, is suing her employer for $20 million, alleging discrimination based on gender and age. “Despite Ms. Reingold's qualifications, C&W management discriminated against her on the basis of her gender and age, first by paying her less than men who performed equal work in jobs requiring equal skill, effort and responsibility, and ultimately by failing to promote her to the position of president of its New York Tri-State Region,” says a complaint complaint filed by Reingold’s lawyers in New York Supreme Court the morning.