An unexpected alliance between a powerful developer and a neighborhood retirement home is causing an uproar in the Manhattan Valley section of the famously ornery Upper West Side.
Enigmatic developer Joseph Chetrit and Jewish Home Lifecare, which has a campus at 120 West 106th Street, between Amsterdam and Columbus avenues, have decided to swap properties. Read More
Poor Larry Silverstein. First the World Trade Center debacle. Now this.
The Juvenile Diabetes Research Foundation, which Silverstein Properties’ Web site touts as a marquee tenant at the nonprofit-heavy Art Deco masterpiece of a building at 120 Wall Street, has a lease out with a competing landlord.
The foundation, which specializes in funding research to Read More
A 16-story building across the street from the Flatiron building and next to the Toy Building was sold for $235 million, according to city records.
Joseph Chetrit sold 1107 Broadway, at 24th Street, to Tessler Developments, a city-based real estate developer. Mr. Chetrit sold the Toy Building at 200 Fifth Read More
Lenox Hill Hospital is unloading some property.
The Upper East Side medical center recently sold six brownstones from 110-120 East 76th Street for $26 million, according to a spokesperson at the hospital. The buyer was the increasingly active Chetrit Group.
“These buildings were residential real estate owned by the hospital that had Read More
The Toy Building is a closed deal. L&L Holding Company paid $480 million for 200 Fifth Avenue to The Chetrit Group. The buy also includes a four-story building at 23 West 23rd Street, next-door to the Toy Building.
The Chetrit Group purchased the building in 2005 for $355 million with intentions to convert Read More
The Rise and Fall of Brooklyn Heights: Ghosts of a Neighborhood
“The highly affluent neighborhood, whose renowned longtime resident Norman Mailer popularized the term “hipster” back in the ’50s, isn’t exactly the center of cool these days.”
Go to story by Chris Shott.
Bruce T. and Chuck S. Rumble in Starrett City
Bucking a recent trend for media and publishing, Simon & Schuster isn’t moving. For now.
The publishing titan has renewed its lease of 292,000 square feet at its headquarters at 1230 Avenue of the Americas.
It will keep space on floors 4, 9 through 14, and 17. The five-year renewal is a short one, lasting Read More