Jazz at Lincoln Center is moving its offices to 3 Columbus Circle where it has just signed a deal for 30,653 square feet, The Commercial Observer has learned.
Gregg Weisser knows how to handle a hot house. The newly anointed executive managing director of the Moinian Group, and volunteer fireman with the Kismet Fire Department in Fire Island, New York, is no stranger to putting out fires, be it a burning beach house or as a director of leasing across some of the city’s most notable addresses. As the real estate director of JPMorgan Chase, where he had worked for over 20 years, Mr. Weisser closed a million and a half feet of empty space in 1 New York Plaza.
Adam Leitman Bailey strode into the lobby of his lower Manhattan law firm dressed in a dark blue suit and blue shirt, his extended cuffs all but dangling from his jacket. No sartorial misstep, Mr. Bailey would explain. The cuffs protruded noticeably beyond his jacket sleeves for a reason.
“It’s essential,” said Mr. Bailey, the attorney who last year garnered national attention as counselor for the Ground Zero mosque developer Sharif El-Gamal. “I’ve studied everything about the court room. It’s a subconscious thing, but this shows a jury you have nothing to hide.”
As if to prove his point, Mr. Bailey awkwardly tucked the sleeve of his shirt back inside his jacket. “See?” said the attorney, who takes the nuances of his dress code so seriously that every new associate at the law firm shops for their first suit with him so that he can personally give them a lesson in proper courtroom attire. “You’re hiding something.”
He’s a rising litigator in the city and, at the side of well-known lawyer Stephen Meister, his career has been on the fast track.
Kevin Fritz has become Mr. Meister’s right hand man in a host of cases, including a recent $11 million fraud suit that has drawn attention in Manhattan real estate circles.
It’s the great white whale of Manhattan retail.
Aside from Walmart, Nordstrom is the store every retail broker in the city dreams of harpooning and reeling into a new home. One prominent broker familiar with the store, the amount of space it needs and the rents it would probably be willing to pay estimates that the commission for handling its lease would be around $10 million.
But like a leviathan lurking beneath the waves, the department store has offered only fleeting glimpses around the city, most notably at several development sites and a few existing assets with the capacity to accommodate its sprawling footprint.
The scuttlebutt nowadays: Nordstrom is contemplating one of two leases, one at the West Side rail yards with the Related Companies or another at the base of Extell Development’s soaring new residential tower now rising at 157 West 57th Street.
It looks like 3 Columbus Circle will not be a bust after all. SL Green has officially announced a deal for august ad agency Y&R to lease 340,000 square feet in the sickly cerulean tower, according to the Post‘s Steve Cuozzo. The ad men are renting floors 3 through 10 and 18 and 19, the latter of which will afford lovely views of Central Park.
Lap of Luxury
On Nov. 15, Stephen Ross, chairman of the Related Companies and owner of the Miami Dolphins, strode into Room 238 of the New York State Supreme Court, four minutes after litigation over 3 Columbus Circle was slated to begin. A dozen lawyers waited around a square table in the center of the room, rattling gold Read More
Developer and skyscraper collector Aby Rosen is known for his flare. The 81st most powerful man in local real estate is a connoisseur whose buildings are practically an extension of his extensive art collection — for every Warhol, Hering and Hirst, there is a Seagrams Building, a Lever House, a 40 Bond. He’s Read More
David and Jed Walentas, the father-and-son real estate moguls whose Two Trees Management got its start decades ago in Soho, before abandoning it to craft Brooklyn’s Dumbo neighborhood almost wholecloth, are buying a Manhattan office building, the only one in their portfolio.
The family is in contract to buy the 340,000-square-foot 50 West 23rd Street, Read More
His reputation for money troubles notwithstanding, Joe Moinian has managed to hold on to a marquee tenant.
The Dolan family’s Cablevision has renewed for seven years the entire sixth and 17th floors, totaling nearly 45,000 square feet, at Mr. Moinian’s 26-story 530 Fifth Avenue.
The Bethpage, Long Island–based Cablevision, which owns the Knicks and Newsday, Read More