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Roland Li

Celebrate Brooklyn, Indeed! Arts Group to Two Trees’ 45 Main

45 Main Street, Brooklyn

BRIC Arts | Media | Bklyn, the nonprofit arts group that puts on the Celebrate Brooklyn! extravaganza each summer, is moving to-where else?-Dumbo. The group’s executive and administrative staff will take 3,387 square feet for two years at 45 Main Street.

Caroline Pardo and Zannah Mass of Read More

Austrian Jeweler Takes Madison Space Asking $1K a Foot

727 Madison Avenue

Madison Avenue continues to be the go-to street for luxury retail.

Austrian fashion jeweler Frey Wille will open its first New York store at 727 Madison Avenue, taking an 883-square-foot space. The store will carry enamel jewelry and accessories for men and women.

Ilyssa Rothfeld and Dan Read More

Slideshow

The Top 10 Lease Expirations of 2010

The city had more than a dozen leases of more than 100,000 square feet that were set to expire in 2010, and the fate of each of the top 10 represents various trends in the market. A number of companies, such as law firm Paul Weiss, the National Basketball Association and pharma firm Forest Laboratories Read More

When It's Not Your Money

$100 M.! Big CMBS Deal at Barney’s Flagship

In one of the biggest commercial mortgage-backed security deals in New York during the Great Recession, the retail condominium portion of the Barney’s flagship store at 660 Madison Avenue will be refinanced to the tune of $100 million. The loan was arranged by Meridian Capital Group, LLC for landlord Flagship Partners LLC, which owns floors Read More

T-Mobile Doubling Space at Murray Hill’s One Park

One Park Avenue

T-Mobile will double its office space and move to 22,000 square feet at One Park Avenue by the end of the year. One Park is in special servicing, which is a precarious situation, as owner Norman Sturner didn’t miss payments but wanted to restructure payments on an approximately $360 million mortgage.

The Read More

Gear! English Clothier Joins Bleecker Gentrification

369 Bleecker Street

Gentrification is alive and well in the West Village.

Burberry Brit, an English clothing retailer, signed a 10-year lease at 369 Bleecker Street for its third Manhattan location. The asking rent was a staggering $525 per square foot for the 1,800-square-feet space.

The retailer replaces Les Pierre Antiques, Read More