By Matt Chaban 10/26/11 10:34am

Checking in

The two towers, back from the dead. (Pay a Visit)

There Will Be a Clocktower Hotel After All, With Ian Schrager Ringing the Bell

The Observer is not sure which is worse: a Tommy Hilfiger-themed hotel or just another blasé Marriott. The fashion designer had planned to tranform the Madison Square icon into a red-white-and-blue boutique hotel before he backed out. A plan to turn the landmark into condos already failed, but the owners have found a new buyer who still wants a hotel overlooking Shake Shack. Read More

By Guelda Voien 10/14/11 5:50pm

Acquisitions

The iconic Clocktower Building is changing hands

Clocktower Building Strikes Deal

Africa Israel USA, the controversial owner and operator of commercial properties across the United States, has entered into a contract to sell 5 Madison Avenue to an undisclosed investor for $165 million. Read More