Big news from the M.T.A. via a statement. After Tishman Speyer tried over the weekend and in the past two days to revive talks, the state agency has officially stopped discussions and is opening up talks again with other developers.
From M.T.A. spokesman Jeremy Soffin:
The MTA met today with Tishman Speyer. Despite Read More
Speaking from London earlier today, Michael Bloomberg said the deal for the West Side rail yards was still alive, and called on the Metropolitan Transportation Authority to work out its differences with Tishman Speyer and come to an agreement. The M.T.A. said it reached an impasse with Tishman Speyer yesterday.
“These projects are Read More
Did Jerry and Rob Speyer dive into a project too big for the real estate giants to handle?
When Tishman Speyer Properties was announced winner of the West Side rail yards development rights in late March, the scene was a cheery one, with the governor and mayor on hand at the yards Read More
Five weeks after Tishman Speyer was announced the winner of the West Side rail yards, negotiations are still unfinished between Tishman, the Metropolitan Transportation Authority and the city, an M.T.A. spokesman confirmed.
The parties yesterday missed a seven-day deadline set by the M.T.A. at its board meeting last week, with the final details Read More
If there is anything to be learned from the moves and actions of the Speyer family over the past few years, it is that its members have a penchant for high-profile trophy properties; they have no qualms about aggressively engaging in mega-deals for the city’s largest sales; they can win out in tough contests; and Read More
So that new skyscraper that Si Newhouse was hoping for? It appears dead.
Tishman Speyer has all but won the West Side railyards sweepstakes this afternoon, which means the bid put forward by Douglas Durst and Steve Roth is likely lost, which means Si Newhouse has lost. Mr. Newhouse told a crowd Read More
Maybe it’s best to keep the champagne on ice just for a few more days.
There’s a bit more work to be done on the deal between the Metropolitan Transportation Authority and Tishman Speyer over the West Side rail yards, as the MTA did not give, as it once planned to, a “conditional letter Read More
It’s quite a real estate empire the Speyers now have. When they get done building 10 million square feet of office space and 3 million square feet of residential on the West Side rail yards, they can add that to the following massive trophies:
Stuyvesant Town and Cooper Village, the Manhattan apartment complexes Tishman Speyer Read More
The daughter of Jerry Speyer, Tishman Speyer’s chief and the 605th richest man in the world (alongside Sheldon Solow), according to Forbes‘ 2008 list, has bought a $12 million co-op at 888 Park Avenue, city records show.
Holly S. Lipton, the vice president of GSC Partners Capital Group, won’t be straying far from her Read More
Despite the national housing market crisis and some serious global competition, Manhattan real estate moguls maintained a commanding presence in the billionaires club in 2008, according to Forbes’ annual list.
Donald Trump fell from No. 314 in 2007 to 368 this year with a net worth of $3 billion. The founder of Read More