As if the hundreds of stalled construction sites scattered across the city weren’t bad enough, it turns out many of their owners are not paying taxes, either. The Post‘s Lois Weiss crunched the numbers on 40 of Manhattan’s 129 stalled projects and found that more than half owed back taxes with a combined value in excess of $10 million. Read More
The world of New York commercial real estate is often still a tale of clubby patronage, posturing and mistakenly asking the one female broker at the meeting to fetch coffee. Sixty-four percent of commercial real estate brokers nationwide are men, a gender predominance that holds for New York as well; yet, the majority of Read More
Newsweek is looking to leave its headquarters at 1775 Broadway near Columbus Circle and is fishing for new office space around Manhattan, the Post reports. The newsweekly is considering 100 Church Street in the Financial District, which sits at the foot of the World Trade Center redevelopment site.
"We’re definitely talking to them and would love to have Read More
The Post‘s Lois Weiss, surely a fan of the brand, reports that True Religion Jeans will be opening a New York flagship on 130 Prince Street.
What should you expect? 2,000 square feet of Joey Stretch in Dark Hand Sand Wash, Johnny Mellow Yellow, Joey Rigid Bleached (and Gold Rush, obviously).
If Read More
Lawyers, apparently. Lois Weiss says that Covington & Burling are considering taking five floors at The New York Times Co. headquarters at Eighth Avenue and 41st Street, and would be the second law firm to rent there.
-Matthew Schuerman
Lois Weiss says Merrill Lynch is considering building a new headquarters downtown, perhaps even at the World Trade Center. But then again, maybe not.
-Matthew Schuerman
Lois Weiss says Forest City Ratner may have a couple of serious prospects to take space at the new Times HQ: ESPN and the Dechert law firm.
-Matthew Schuerman
We missed this yesterday but Lois Weiss had an item about Halle Berry and Bruce Willis filming at Larry Silverstein’s showroom in 7 World Trade Center. A stroke of marketing genius: Weiss surmises that a lot of clients will want to tour Silverstein’s near-empty tower when filming gets underway. (The only catch Read More
