The real estate industry sat wide-eyed in anticipation of the ruling by the Council on Tall Buildings and Urban Habitat in November that officially named 1 World Trade Center the tallest building in the Western Hemisphere, beating out Chicago’s Willis Tower.
But in the not too distant future the gleaming new tower could have competition in its own backyard – Hudson Yards, that is – as Massey Knakal is exclusively marketing the sale of a development site that it believes could spawn what the firm has dubbed “The Hudson Spire,” an 1,800-foot-tall super-skyscraper.
Get ready to hear the clack of high heels on the Financial District’s cobblestones.
“There is a growing group of people that have moved to Financial District because their job is here or was relocated here,” said Ariel Cohen, a broker in the Ariel Cohen Team at Douglas Elliman. “I expect we’ll see more of that, especially with Condé Nast moving to the area.” Read More
Burberry. Salvatore Ferragamo. Ermenegildo Zegna. Michael Kors. Scoop. Hermes. Judith & Charles. Calypso St. Barth.
It’s an impressive list of retailers. What’s more striking is that Brookfield Office Properties cut deals with all of them this year, and they’ll be sharing a home at the revamped Brookfield Place beginning next year, forming an unprecedented shopping Read More
Here’s an interesting fact about the “rendering” of H&M billboards that were released today as part of the news that 4 Times Square is now leasing out its skyspace for 70 x 70 ft. signs: No one at Condé Nast was apparently available to comment on The Wall Street Journal‘s story.
These days hard hats are the non plus ultra of chic accessories. They make a Birkin bag look so pedestrian! And having one’s hair coiffed and colored to perfection at Frederic Fekkai is all well and good, but it’s nothing without the windblown disarray that one achieves from standing on a high floor of an unfinished skyscraper.
Yes, the best way to show off one’s money, powers of persuasion and impressive social connections is scoring a ride to the top of One57 or One World Trade Center. (Any other building that begins with “One” and recently had a topping out ceremony would also be a good bet). Why bother dropping names when you can drop an experience that illustrates you know all the names worth dropping?
Conde Nast has reportedly agreed to take on an additional 133,000 square feet of office space at 1 World Trade Center, adding to the 1.05 million it has already committed to at the yet-to-be-completed skyscraper, the New York Post reported.
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.
The Neverending Story
Bank of America has renewed its lease at 114 West 47th Street for approximately 360,000 square feet of space—far less than it currently occupies in the building.
The bank had been in discussions to extend its occupancy at the building for months. On Monday, insiders with direct knowledge of the deal and a spokeswoman for the bank, confirmed that the contracted lease had been signed on Friday morning.
The Neverending Story
Things are looking up, up, up at the World Trade Center—not even Hurricane Irene could slow down preparations for 9/11—but who ever imagined it could go from tragedy to punch line? That’s what Michael Gross, who has avoided the site for years, finds in his monthly Crain’s column.
The knives came out yesterday when it was revealed the Port Authority had decided to forego a restaurant atop One World Trade Center, a la Windows on the World. “It’s world-class heartbreak for lovers of sky-high dining,” wrote the Post‘s Steve Cuozzo. But the agency appears to have made an appetizing decision.
Despite Read More