
Downtown Manhattan grabbed headlines throughout the end of February, as Governors Spitzer and Corzine endorsed—however begrudgingly—the Freedom Tower and the board of the Port Authority signed off on $500 million in funding for the skyscraper.
Analysts ticked off the usual litany of benchmarks showing downtown’s resurgence in the last five years: the low vacancy rates Read More
Women’s fashion boutique Elie Tahari has officially signed a 29,674-square-foot lease for the 50th floor at Doug Durst’s One Bryant Park, a deal The Observer first reported earlier this month.
In related news, The Real Deal reports in its current issue that Elie Tahari is also busy buying the entire east end Read More

The budding 54-story 1 Bryant Park is still a year from opening, but recent negotiations have moved the tower toward 100 percent occupancy.
The Durst-developed building is on the verge of two new leases: one with the hedge fund Marathon Asset Management for two floors with a total of 75,000 square feet, said a Read More
Cool logo and “one of the best retail locations,” says auctioneer.
More than a month after the news first broke, Coliseum Books founding partner George Leibson informs us via e-mail that the hallowed literary haunt is still bankrupt:
Dear Friends of Coliseum Books,It is with great sadness that I inform Read More
Cutting Fashion Week out of the line-up will cost the nonprofit organization that runs Bryant Park $1.3 million a year, its president says, but it hopes to compensate by charging other sponsors more.
Dan Biederman said the Bryant Park Corporation decided in September to oust the twice-yearly Fashion Week because it was taking Read More
Mayor Bloomberg is saying Fashion Week could stay put for the fall shows (which are in February) but that the event “has outgrown its facilities at Bryant Park,” according to a statement. “We have determined that the search for a suitable home will require further analysis and planning.”
-Matthew Schuerman