Shindigger

Katie Holmes and Mayor Michael Bloomberg.

Ronald Perelman: ‘This is the Best Collection of New Yorkers I’ve Seen in 20 years!’

Last Thursday evening at New York’s perch of power dining, the Four Seasons Restaurant, billionaires could be found clinking glasses with politicians, actors could be seen rubbing shoulders with news correspondents, and throngs of notable wordsmiths quaffed copious amounts of liquor at The New York Observer’s 25th anniversary soiree.

“I think this is the best Read More

25th Anniversary

Jared Kushner, Katie Holmes and Mike Bloomberg (PMc)

Scenes From a (New York Observer) Party

- The intimidatingly assiduous Peggy Siegal greets people at the door; thanks us for coming to celebrate party with The New York Observer. “We are The New York Observer!” We cry. She doesn’t even pause. “Well, it’s great to see you anyway.”

-Terry McDonell: I’ve always loved the Observer, I have great respect for Peter Kaplan. The coverage of everything I was interested in New York in the past 25 years was reflected in The Observer at the highest level.

- Ray Kelly recalls the last time he was at the Four Seasons. “[We] feel like you never leave,” we tell the Police Commissioner. His reply: “A lot of people feel that way.” Read More

The Eight-Day Week

To Do Thursday: Black and White and Silver

Happy Birthday to us! The New York Observer is a quarter of a century old, and publisher Jared Kushner and CEO Joseph Meyer have assembled a bonzo boldfaced lineup of NYC’s most fabulous hosts to fête the glorious occasion. Think NYO founder Arthur Carter, Marchesa designer/knockout Georgina Chapman, art kingpin Larry Gagosian, Carolina Herrera, Katie Holmes (Suri will be in bed—sorry, tabloids), Commissioner Ray Kelly, style icon Lauren Santo Domingo, Matt Lauer Read More

Skyscraper Living

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Goldstein, Hill & West: How New York’s Most Anonymous Architects Have Taken Over the Skyline

The sun was setting over New York harbor, and behind it, the coast of New Jersey. From the 17th floor of 11 Broadway, through the not-floor-to-ceiling, turn-of-the-last-century office windows, the Statue of Liberty was plainly visible. She appeared to be waving through the late-summer haze. Milling about and sipping champagne were some of the city’s biggest developers and their employees, names emblazoned upon apartment towers from this end of Manhattan to the other and beyond.

Silverstein, Ratner, Extell, Elad, Milstein, Glenwood, Trump. All the big firms were there, along with many other machers and dealmakers. It could have been a convention of The No Nonsense Apartment Builders Association of the Greater Five Boroughs. Instead it was the third anniversary party for Goldstein, Hill & West and the unveiling of their new downtown offices.

The foyer is painted a slick graphite gray, with a globular chandelier overhead, but beyond that, the designer pretense fades away. There are no amoebic benches, no plywood bookcases, no 3D printer for producing models of unusually torqued and cantilevered buildings. Little hangs on the walls besides drafting templates and zoning handbooks. It is this simplicity of design, aesthetic and attitude that draws the city’s biggest developers to the firm. Read More

power broker

Donald Trump Jr. (photo credit: Hannah Mattix)

Trump Card: The Rise of 40 Wall Street and its Steward, Donald Trump Jr.

“For us, we had to do something different,” said Donald Trump Jr. last week, his voice rising with excitement.

Freshly tanned from a recent visit to Mexico, where he was overseeing a new project, the slicked-back scion grew steadily more enthusiastic as he discussed 40 Wall Street, an office tower that, with its rising and falling tenant roster, has contributed to the Trump Organization executive vice president’s growing reputation as a competent steward of the family name, a reliable fixer and successful dealmaker in his own right. Read More

REBNY2012

Howard Rubenstein. (Illustration by Joao Maio Pinto)

Howard Rubenstein: Harry B. Helmsley Distinguished New Yorker Recipient

Manhattan real estate moguls talk about his “Solomonic wisdom,” according to The New York Times.

Former Mayor Rudolph Giuliani called him the “dean of damage control.” His public relations firm, Rubenstein Associates, once simultaneously represented both Leona Helmsley and Donald Trump.

So it’s no exaggeration to say that nothing of importance happens in New York City without somehow involving Howard J. Rubenstein. Read More

Lease of the Week

Starrett-Lehigh Building. (Courtesy Property Shark)

“The Most Complicated Deal I Personally Have Handled.”

It’s not uncommon to hear Manhattan’s real estate market characterized as sophisticated or complex.

Not every day, however, does a requirement as straightforward as Dentsu McGarryBowen’s uncork such an elaborate and interconnected series of transactions as it did at the Starrett-Lehigh Building.

A longtime tenant in the 2.3-million-square-foot building and one of the property’s largest users, the advertising firm needed to expand. But there was a small problem: Despite its size, the building—an artsy, far West Side location popular among creative tenants—had virtually no available space. Read More