Three years ago this month, Stuyvesant Town was a bees’ nest of tenant activism. Rallies with bullhorns, press conferences and elected officials littered the 80-acre brick city on the East Side. The reason? MetLife was selling the longtime middle-class enclave that was Stuy Town and Peter Cooper Village, and the tenants, terrified of the pressure Read More
When’s the leasing market going to return, or has it returned already?
Mr. Siegel: The leasing market has shown strong indications in Midtown of returning to good health. It appears that people have determined that the rents have bottomed out and they want to take advantage of the bargains that are out there. June, Read More
Domenic Recchia—the colorful councilman who speaks pure South Brooklynese—is headed to court this week to take on Jerry Speyer and his Tishman Speyer, titanic landlord of such trophies as Rockefeller Center and the Chrysler Building.
In addition to his day job representing the people of Gravesend and Bensonhurst, the aptly named Mr. Recchia, Read More
It was Friday night on the revolving 48th floor of the Marriott Marquis, and an elevator had just vomited a handful of tourists onto the solid core of the restaurant there—a minor miracle given how difficult it is for even the directionally adept to navigate the hotel’s devious elevator system.
From the center, one Read More
Location: Last August, just before the world crumbled, you said you catered to a clientele that ‘wanted a more sophisticated experience than dribbling beer on their running shoes.’ Has the recession changed your outlook at all? Do you aim for less snobbery?
Mr. Grossich: Well, it’s not so much snobbery. Read More
This week, office and retail brokers across Manhattan received thick red envelopes in the mail containing invitations to Tishman Speyer’s Annual Lobster Bake at Rockefeller Center.
“Tishman Speyer cordially invites you to the 9th Annual Lobster Bake at Rockefeller Center, Tuesday, June 9, 2009, 6 p.m., the Rink Bar.”
It’s a lovely invitation, Read More
Lazard looking for brokers for its mammoth hunt Read More
It seems the far-reaching impacts of last week’s tremendous Stuyvesant Town/Peter Cooper Village court ruling will wait some time to take effect.
A court on Friday gave Stuy Town landlord Tishman Speyer a stay in having to take any actions after the decision last week, waiting until the results of an appeals process Read More
Dale DeGroff earned the nickname “King of Cocktails” mixing fancy drinks at the illustrious Rainbow Room during its heyday back in the 1980s. “It was an amazing place,” Mr. DeGroff said. “We had a great, great bar. We also had a wonderful cabaret—Rosemary Clooney, Tony Bennett.”
He’s excited to see that history Read More
Beth Rosner and Stuyvesant Town go way back—she was born there, after all. Her family moved out when she was a baby, but she later moved back into a rent-stabilized apartment while working as a theater agent in the city. Finally, returning to New York in 2003 after a stint overseas, she took a market-rate Read More