Joseph Moinian’s kingdom was assembled in a flurry of activity over the past decade, like a conquering warlord besieging New York City, overtaking some of the most valuable commercial properties. But like Alexander the Great or Napoleon Bonaparte, he overextended the empire, imperiling much of it when the recession hit. Yet thanks to an unlikely savior in SL Green, Mr. Moinian has managed to hold on to many of his most prized possessions,
“The rest of the country looks upon New York like we’re left-wing, Communist, Jewish, homosexual pornographers. I think of us that way sometimes and I live here.”
That was Alvy Singer in Woody Allen’s Annie Hall. And he knew what he was talking about. Even the developers here lean liberal! Our evidence? The recent campaign Read More
Stephen Green, the chairman of the city’s largest office landlord SL Green, gave his thoughts about the 2009 mayoral race at an investor’s conference on Monday, in response to a question about how a new mayor might affect the city’s business climate.
Mr. Green–whose brother, Mark Green, lost to Mayor Bloomberg in Read More
In a commercial market where multiple multimillion-dollar trades in a given week are suddenly normal, it seems perfectly reasonable for one company to be involved in all of them.
SL Green, the biggest landlord in the city, has struck several Manhattan deals totaling almost $600 million in a frenzied few weeks. SL Green C.E.O. Read More
Come Back to San Gennaro: The Mob is Deeply Missed
City officials have since strived to cleanse San Gennaro of certain less than desirable elements: No more gambling. No more booze-slinging street vendors. And, if you believe the current organizers, no more Mafia involvement. Mob mentality, though, still has its place. Go to story Read More
With a conference call with investors scheduled for 2 pm on Tuesday, SL Green is announcing basically everything. The company is is now in an agreement to sell 292 Madison for $140 million. And there's still more SL Green news to report, which will all be in tomorrow's Observer. Full SL Green release below. SL Read More
SL Green, slow down! Many, many SL Green moves to discuss: As The Observer reported first on Monday, SL Green has now formally announced that it has purchased 333 West 34th Street for $183 million (truth be told, we were a smidge off; we had it at $184 million). And now SL Green--a day Read More
And we have a winner! SL Green is in contract to purchase a hotly sought-after office building on the West Side for $184 million, a source said.
SL Green's newest coup, the Smith Barney Building at 333 West 34th Street, was acquired in a bidding war that pushed the contract near $600 per square Read More
Ever since rumors began to swirl that Air America Radio might declare bankruptcy—a rumor that became real on Oct. 13, 2006—the network’s Sixth Avenue headquarters have had the slow, deflated feel of a boomtown going bust.
The cluster of cubicles that were once occupied by a buzzy cadre of researchers sits partly empty—except for the Read More
For anyone (else) who missed the announement today, Stephen and Mark Green are now running Air America Radio.
The release is after the jump.
NEW YORK-January 29, 2007-Air America Radio announced today that it has signed a letter of intent to sell its business to SLG Radio LLC, an entity controlled by Stephen Read More