Clouding the Picture
At Cushman & Wakefield’s quarterly breakfast yesterday, the news, like the eggs, was bright and bland.
“What do you write about when there’s no bad news?” the brokerage’s chief operating officer, Joe Harbert, asked the reporters assembled in the back room at Michael’s. Responding to his own query: ”The question is whether you can sustain 2.5 million Read More
Sixteen Court Street, that soaring wedding cake of a building that pierces the sky above downtown Brooklyn, was built in 1928—the cusp of an economic catastrophe against which all future recessions would be measured. Like those who made that ambitious investment in the borough of Kings, SL Green could not have known what lay Read More
Dutch insurance giant ING Group signed a lease for 9,600 more square feet at Monday Properties’ 230 Park Avenue. ING currently occupies 200,000 square feet in the tower. The lease runs from February through April 2013.
Full release below:
ING GROUP ADDS AN ADDITIONAL 9,600 SQUARE FEET IN
Finally, no more embarrassing calls from fairly well-employed thirty-somethings to their baffled parents in the sticks. "Dad, can you co-sign?"
Manhattan-based Insurent Agency Corporation announced Tuesday a new program to insure renters whose income levels do not meet the ridiculous 40- to 50-times-the-monthly-rent formula required by greedy landlords citywide.
Full details below.
Cravath is staying right at home in their Death Star.
The white shoe law firm Cravath, Swaine & Moore has signed a 15-year renewal at the Worldwide Plaza at 825 Eighth Avenue that will cost the firm $900 million, Bloomberg News reports.
That would make the deal one of the most expensive real estate Read More