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Articles Archive for 28 June 2011

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[28 Jun 2011 | View Comments | ]
Nomura signs 900K s/f deal at Worldwide Plaza

By Daniel Geiger

Nomura, the large Japanese financial company, has completed a deal to move its facilities from downtown’s World Financial Center to Worldwide Plaza in midtown, sources with knowledge of the transaction say. The firm will take about 900,000 s/f in the lease, absorbing roughly half of Worldwide Plaza’s 1.8 million s/f in what is one of the largest office relocations in Manhattan this year. The lease comes after months of rumors about the move, which included conflicting reports from real estate experts and even those with knowledge of the deal, whether Nomura would actually depart from lower Manhattan or remain in place. Read more...

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[28 Jun 2011 | View Comments | ]
Durst Fetner buys midtown building for $8 million

By Roland Li

Durst Fetner Residential, the residential division of the Durst Organization, has purchased 110 West 31st Street for $8 million, according to city records. The seller was Walter Chin, president of Brooklyn-based 110 W. 31st St. Realty Corp. An official at the company declined to comment. The property is 7,896 s/f and four stories, according to PropertyShark. Read more...

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