40 Rector Street (Courtesy Property Shark).

EXCLUSIVE: 30,000 Square Feet Office Condo Purchased at 40 Rector

RVM Enterprises, a provider of litigation support services, purchased a 30,000-square-foot commercial condo at 40 Rector Street on the property’s  penultimate floor, The Commercial Observer has learned.

The Financial District asset converted to commercial condos last year, and RVM’s purchase was one of the first to close, said Eric Cagner, of Newmark Knight Frank, who represented the buyer with Newmark colleague David Falk. Read More

Congress

Possible Challenger Emerges to Take On Michael Grimm

Investment banker Robert Diamond is seriously considering jumping into the race to challenge incumbent Staten Island Republican Congressman Michael Grimm, The Politicker has learned.

Diamond is a senior vice-president at Realty Capital International, a real estate investment banking firm, and a former vice-president at Bear Stearns. Prior to his career in finance, he served in Read More

2012

Draft Trump Movement Names South Carolina Coordinator

The Draft Trump 2012 effort is announcing this afternoon that another state coordinator has come on board in order to lay the groundwork for a possible presidential run.

Scott Royce, a former New Hampshire field director for Jack Kemp’s 1988 campaign will be coordinating the Draft Trump movement in his home state of South Carolina. Read More

Media

Council Tells Reuters to Lay Off Union-Busting

Sixteen members of the New York City Council have sent a letter to executives at the news agency Thomson-Reuters urging them to treats its unionized Newspaper Guild employees fairly.

“We are deeply troubled by Thomson Reuters’ apparent attempt to break the union representing more than 420 of its employees and its treatment of union members,” Read More

Stockpiling

Cuomo, Queen of the Desert

A reader passed along the following invitation for Andrew Cuomo’s first major fundraiser since getting inaugurated at the start of the year.

The fundraiser is tied together with a performance of Priscilla, Queen of the Desert, and according to our reader, specifically targets members of the LGBT community. (The show is about two drag queens Read More

Stockpiling

Obama NYC Fundraiser Details Announced

A reader passed along the following email from Democratic fundraiser Sally Minard inviting supporters to a a “Campaign Inaugural Gala Dinner” for President Barack Obama at the Starlight Roof at the Waldorf-Astoria on April 27.

“The battle lines have been drawn,” writes Minard. “The campaign for the presidency is joined…The revolutionary agenda proposed by the Read More