When people talk about the old St. Nicholas Greek Orthodox Church, which was detroyed on 9/11 when the south tower of the World Trade Center collapsed onto the four-story wood-framed rowhouse, one of the first things that comes up is its diminutive size, made all the moreso not only by what were once the city’s Read More
Not for the first time, Hank Sheinkopf is attacking Melinda Katz for what he says is an overly cozy relationship with New York’s landlords and real estate community.
He points to an invitation to a fund-raiser she’s having at the home of Howard Milstein, described alternately as a Read More
In the interest of drumming up maximal funds—or "transparency"—Barack Obama‘s Presidential Inauguration Committee has released a chart (to be updated in real time) listing the names, employers, cities, and contributions of everyone who donates money to help make January 20 the best inauguration ever. The PIC won’t be accepting any more than Read More
The Buffalo News reports on how developer Howard Milstein, who held onto a Times Square property for 20 years before selling it for allegedly 65 times the original price, is doing something similar in Niagara Falls–well, except for making such a hefty profit. But that city’s Mayor is getting itchy that Milstein’s company Read More
The nasty power struggle between cousins Philip and Howard Milstein over their family’s real estate and banking empire is getting uglier, with new allegations that Howard Milstein used funds from family assets he controlled-the Douglas Elliman residential real estate brokerage and the Milford Plaza Hotel-to finance ventures into sports, real estate and the Internet.
On Read More
Where have all the anchors gone?
In the 90′s, companies like Reuters, Condé Nast, Bear Stearns and Ernst & Young, wooed by big tax breaks from the city, moved into a new generation of skyscrapers, anchoring the buildings that bear their names and helping to make a handful of developers very rich.
But now, Read More
In 1983, Paul and Seymour Milstein took a gamble on 42nd Street. Hoping for an inside track on Times Square’s redevelopment, the brothers, in partnership with the family of Manhattan real estate baron Jack Weiler, set down $5 million for a 40,000-square-foot parking lot at the corner of 42nd Street and Eighth Avenue.
Through ups Read More
