Mayor Michael Bloomberg has announced two new tech initiatives to expand the city’s access to wireless and broadband connectivity, one of which encourages the deployment of leading broadband technologies across its commercial real estate buildings.
The Wireless Corridor Challenge will establish new public WiFi corridors in each of the five boroughs, while WiredNYC, described as LEED Read More
Broadway Dance Center has expanded its lease at 321 West 44th Street to about 30,000 square feet.
The school and studio, which has its entrance on the 230,000 square foot building’s 45th Street side entryway, which goes by the address 322 West 45th Street, offers both classes for beginners and workshops for seasoned dancers alike taught by acclaimed professionals.
Kushner Companies has named a team from the real estate services firm Cushman & Wakefield as the new leasing agent for 321 West 44th Street, the asset that houses The New York Observer.
Arthur Mirante, C&W’s former chief executive who is now a top dealmaker at the firm, will lead leasing at the property along with C&W executives Jeff Lichtenberg and Joshua Goldman.
C&W will be replacing a team from Colliers International.
Schiff Hardin traces its roots to Civil War Chicago, but since the 1970s, it has had a growing presence across the country, including its move to New York in 1991. Given its growing prominence, the firm is moving its headquarters to an apropriately handsome location, 666 Fifth Avenue.
The 28-attorney office, part of a 400-person Read More
The Carlyle Group closed today on the purchase of an interest in the retail condo at 666 Fifth Avenue, the tower that Kushner Companies bought last year for a then-record $1.8 billion, according to a source familiar with the deal.
Carlyle Group -– the mammoth private equity group that manages $82.7 Read More
Every so often, a building comes on the block that immediately transcends all others available, even if it’s a bit smaller than some of its neighbors.
The Philip Johnson trophy, the Lipstick Building at 885 Third Avenue, is officially up for sale. Tishman Speyer and its investment partner, Prudential Real Estate Investors, are looking to Read More
Macklowe Properties paid $1.73 billion for Worldwide Plaza at 825 Eighth Avenue, the second-largest sale price for an office building in U.S. history.
The Macklowes’ purchase of the bulky West Side office tower was part of a $7 billion deal that the company made with Blackstone to secure eight New York office buildings that Read More
The most expensive building sale in U.S. history, $1.8 billion for 666 Fifth Avenue, is a closed deal.
Cushman & Wakefield, which arranged the sale, released the news on Tuesday. (No matter that it closed on Jan. 12, according to city records–it’s a slow news day).
Kushner Companies is the new owner, Tishman Read More