Leasing executives at the Durst Organization say that Bank of America’s decision late last week to reduce its office footprint in midtown won’t create a pocket of vacancy in the landlord’s office portfolio. Read More
It was during the early mornings and late nights of cold, cold February that the black cars dispersed, hauling hefty stacks of leases through the Holland Tunnel, up the Henry Hudson Parkway, all the way across Interstate 495, to at least 12 insiders.
The drafts, updated three times and delivered in real time, were rushed with purpose to Bruce Mosler at his apartment building in Manhattan and to homes in Westchester, Long Island and New Jersey, where lawyers working for Vornado Realty Trust strained to keep eyelids from closing. Read More
The developer who is building the new downtown W Hotel is spreading his empire to Fifth Avenue.
After buying four buildings on Fifth in the last two years, Joseph Moinian is buying two more for $440 million. He is in contract to buy 417 Fifth for $250 million and 245 Fifth for $190 million, two Read More
