Battle of the Skyscrapers
What Happened, Ground Zero Mosque
The owners of the Empire State Building today released a poll that queried people around the country about the place of the skyscraper in New York City’s skyline.
The point of the poll was to show that indeed this building has an iconic place in Americans’ vision of New York, and that changing the skyline would be Read More
Sharif El-Gamal, the principal of SoHo Properties and would-be developer of the “ground zero mosque” (getting really tired of putting those quotation remarks around it, will stop soon), says he’s not going anywhere—though he would sell if the price were right.
Anthony Malkin, owner of the Empire State Building, isn’t too fond of the Read More
Wunderkind Broadway baron Jordan Roth, president and co-owner of Jujamcyn Theaters, one of the district’s heaviest hitters, recently bought a $13.1 million apartment at the Superior Ink building on the West Village waterfront, etching another mark on the building’s high-profile totem pole. The glitzy Robert A.M. Stern-designed condo colossus, which has been heralded Read More
Vornado’s ballyhooed vision for atop the Port Authority might not materialize. Read More
Steve Roth’s Vornado Realty Trust is suing the Milan-based designer store Krizia S.p.A. for $343,333.33, plus interest and potentially more, for vacating its space at 769 Madison Avenue before its lease expired and for failing to pay rent.
The lawsuit, filed in state Supreme Court on June 11, alleges that Krizia chose to extend its Read More
Maybe it’s the time of year, but there was something almost biblical in Vornado chairman and CEO Steve Roth’s depiction of the horrors of what he calld “the Great Recession” in his April 2 letter to shareholders. Rather than conjuring images of “detention” and “hell,” he might as well have, for the sake of seasonsality, Read More
“We’ve reached the Darwinian point,” intoned Sam Zell, chairman of Equity International. “I think that the small guys have to die, and the definition of ‘die’ is they’re going to go private.”
The gnomic Mr. Zell was referring to REITs, or real estate investment trusts, the publicly traded real estate companies that, Read More
Last November, the Post‘s Steve Cuozzo railed against the campaign to preserve Hotel Pennsylvania, which he called "one of the gloomiest structures between the Battery and The Bronx."
Now, the paper is listing the old Glenn Miller hangout among its "10 Endangered Buildings Worth Saving" — No. 2, in Read More
On Sept. 19, a full six months after Wall Street began its catastrophic decline with the demise of Bear Stearns, and just four days after Lehman Brothers, New York real estate financier extraordinaire, collapsed, two publicly traded real estate companies rode high on the stock market, functioning, apparently, in an alternate universe.
That Friday, Read More
“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