There is a lot of activity surrounding one of the priciest blocks of Manhattan office space currently on the market. According to a source, a lease is pending for multiple floors at 40 West 57th Street and there are “six or seven” very interested parties for other space.
“We have had a ton of Read More
In late August, 401 Washington Street and 422 Greenwich Street, two industrial properties in north Tribeca, closed in a package deal for $57 million, according to city records. The total area for the buildings was approximately 67,400 square feet, so our math indicates that the buyer paid $845 per square foot.
The seller was Read More
Massey Knakal finished off a relatively quiet summer with a sizable residential portfolio deal.
In August, the company brokered the sale of the Alcoma Portfolio, a package of six Manhattan apartment buildings, for $80.15 million, according to Massey Knakal’s co-founder Bob Knakal.
The seller was the Alcoma Corporation, a nonprofit organization that has Read More
Attention, developers! Bids for the Forbes headquarters at 60 Fifth Avenue are due Sept. 12.
“Wednesday is the day,” Cushman & Wakefield’s Richard Baxter told The Observer on Monday. “And there is a lot of interest.”
The anticipation for this date has been building in the New York real estate community for over Read More
The Chelsea Hotel has become a bargain in the city. [BlogChelsea]
Size matters in Carroll Gardens. [Brownstoner]
Out of growlers, Whole Foods starts selling PBR. [EastVillageIdiot]
The mortgage crisis is bad: Brokers are turning to prostitution. [Gothamist]
Finally, there is a bar for “the banker that goes to work with his guitar strapped to his back.”
That gem is from a press release The Observer received this morning announcing the opening of The Randolph at Broome, a new bar set for 354 Broome Street.
According to the release, Read More
22-story office building and boutique hotel set for Hudson Square. [NY Times]
City Council approves rezoning plan for Queens. [NY Times]
Downtown is back. [NY Post]
Effort to keep Merrill Lynch downtown continues. [NY Post]
Protests continue against Ivan Kane’s burlesque club. [Daily News]
Wells Real Estate has closed on 222 East 41st Street for $319.8 million, according to city records.
A press release was sent out in late August announcing that the 25-story office building had been sold. The seller is listed as Ceres Real Estate.
The email accompanying the press release described the 390,000-square-foot property Read More
A year and a half after sales started, almost half the residences at 40 Bond Street have been sold.
Eleven units have closed at Ian Schrager and Aby Rosen’s highly anticipated condominium project, according to city records. The seller on these deals has been listed as 40 Bond Street Partners, LLC, and the Read More
