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Articles Archive for 6 April 2011

Deals & Dealmakers, Featured »

[6 Apr 2011 | View Comments | ]
Anatomy of a deal: United Nations Population Fund’s 130,000 s/f lease at 605 Third Avenue

By Daniel Geiger

Here, we feature a deal submitted by Andrew Roos, vice chairman of Colliers International and the firm’s top-producing broker last year. Roos structured a complex lease at 605 Third Avenue last year for the United Nations Population Fund, which would involve two subleases and the approval of five different entities. Read more...

Opinion »

[6 Apr 2011 | View Comments | ]
Talking a lot of hot A.I.R. in Soho

By Shirley Hackel

From the Opinion section: Selling a pre-war loft in SoHo has become problematic of late because of renewed attention to AIR – artist in residence –zoning requirements. Though the law has been in effect since the early 70’s, it’s been virtually ignored…until now. Although the reasons behind the new focus are sketchy, it’s clear that if the zoning rules currently on the books for SoHo were enforced strictly, real estate values would be undermined. Read more...

Brokers Weekly »

[6 Apr 2011 | View Comments | ]


Photos courtesy of Citi Habitats

Brokers Weekly, Featured »

[6 Apr 2011 | View Comments | ]
Introducing MiMa, Manhattan’s newest big personality

By Roslyn Lo

Many famed pop culture references take place in Times Square, from the New Year’s Eve ball drop, Broadway musicals, the yellow taxi cabs, and even the “Naked Cowboy.” The area has become iconic for the sheer amount of entertainment packed into a several blocks. Just two short avenues west is an area most tourists don’t venture out to, as the silver screen confines all of NYC activity to Broadway and 42nd. Read more...

Construction & Design, Deals & Dealmakers »

[6 Apr 2011 | View Comments | ]
Onstage together for first time, Ross and Roth talk up development

By Daniel Geiger

On stage together for the first time on Tuesday, the real estate executives Steve Ross and Steve Roth expressed confidence in the prospect of new development in Manhattan over the near term. Ross, chief executive of the real estate firm the Related Companies, and Roth, who is the head of Vornado Realty Trust – among the most powerful real estate investment and development companies in the city – spoke together at a luncheon hosted by the Real Estate Board of New York in midtown. Read more...

Construction & Design, Featured »

[6 Apr 2011 | View Comments | ]
Landmarks Preservation Commission approves N.Y.U. landscaping plan

By Roland Li

The Landmarks Preservation Commission approved on Tuesday New York University’s application for landscaping changes to the landmarked Silver Towers site, clearing the first hurdle for the school’s four-building expansion plan. “This is an appropriate restoration,” said Robert Tierney, chairman of the L.P.C., who added that the modifications were modest and they would strengthen the landmarked site. Six L.P.C. commissioners unanimously voted in favor of the changes. Read more...

Brokers Weekly, Featured »

[6 Apr 2011 | View Comments | ]
The kids are all right

By Liana Grey

At the Sheffield, a condominium tower near Columbus Circle, broker Stephanie Mastronardi once joked that showing around families was the easiest part of the job: children would practically sell apartments for her, begging mom and dad to buy, say, the model unit decorated with the butterfly sculpture and dog-shaped lamp. That was back in October, when the building’s amenity spaces were still under construction. Had prospective buyers been able to tour the playroom, with its polka-dot patterned floor and seating area shaped like a giant clock, multi-bedroom units might have disappeared from the market especially quickly. Read more...

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