AIG has just assumed the remainder of Goldman Sachs’ lease at 180 Maiden Lane. At 800,000 square feet, it’s the largest lease transaction so far this year.
"We will consolidate several AIG offices in Manhattan to 180 Maiden Lane," said a source familiar with the deal. "70 Pine will remain our corporate headquarters." Read More
The Bloomberg administration and the City Council on Wednesday unvieled a 13-point legislative package aimed at improving construction safety.
It couldn’t come too soon in Lower Manhattan, where Goldman Sachs is building its new 43-story headquarters at West and Vesey streets. From the Wall Street Journal yesterday:
[T]he $2.4 billion building Read More
Laura Blankfein, the wife of Goldman Sachs CEO Lloyd Blankfein, paid $701,000 for Suite 807 ("suite" being the euphemism for a staff apartment) at 15 Central Park West, city records show.
Since then, the national market has tanked and New York’s is stagnant. But while other Wall Street banking firms are writing down Read More
Just one week after paying $11 million for a sixth-floor condo at 15 Central Park West, the founding partner of the Canyon Capital consulting firm, Josh Friedman, has closed on an $810,000 unit there as well, according to city records filed today. It’s presumably one of the 29 maids’ suites on the lower floors of Read More
So many Goldman Sachs bankers snapped up condos at 15 Central Park West in January that you would think they got coupons from the Zeckendorff brothers who developed it.
Goldman Sachs partner Donald C. Opatrny closed on an $11.8 million condo at 15 Central Park West, according to a city record filed Tuesday, making Read More
Crain’s reports that Goldman Sachs has extended its lease of 517,000 square feet at Brookfield Properties’ One New York Plaza for 15 months as it awaits the completion of its new headquarters on West Street in Lower Manhattan. The headquarters is supposed to be done by late 2009. Read More
Istithmar has announced the $1.15 billion sale of the former Helmsley Tower at 230 Park Avenue. A partnership between a Goldman Sachs fund and Monday Properties bought the 34-story tower, which Istithmar itself bought in 2005 for $705 million.
The Observer talked with Istithmar CEO David Jackson earlier this year. News of Read More
Goldman Sachs, the world’s largest investment bank, is set to report on Tuesday a record annual profit of $11 billion, according to news reports this morning. More importantly for New York City and its real estate market, the average Goldman Sachs year-end bonus is expected to average an astounding $600,000 per employee–about Read More
Stephen Ross’s Related Companies is receiving an infusion of $1.4 billion from investors, including Goldman Sachs and investment firms from the Middle East, according to an article in today’s Wall Street Journal [subscription].
The firm is apparently now worth about $5 billion, the Journal tells us:
The Read More
Editor’s note: This is an update to an earlier breaking news story.
A construction accident at the site of Goldman Sachs’ new world headquarters downtown injured one worker this morning, as a crane dropped a seven-ton cargo load on a trailer, according to preliminary reports from the Fire Department and Department of Read More