Broadway Tastemaker, Showtime Producer Nest for $13.1 M.

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 Sues Italian Retailer Krizia Over Back Rent, Vacating Madison Ave Store

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

Invisible Hand Shakes City REITs

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

Developers Declare Themselves in Presidential Election

“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