Home » Archive

Articles Archive for September 2011

Deals & Dealmakers, Headline »

[26 Sep 2011 | 4 Comments | ]
Hertz in talks to do 11 Times Square retail lease

Hertz Rental Car is exploring a roughly 30,000 s/f lease in 11 Times Square for a showroom that will display green cars, including advanced and concept car models. According to people familiar with the potential deal, Hertz would take a portion of both the ground floor of the building and either part of the second floor or a basement level. The space will be open to tourists and visitors and will showcase fuel efficient cars and electric vehicles that feature advanced design and technology.

Deals & Dealmakers, Featured »

[23 Sep 2011 | 15 Comments | ]
Meister claims $11 million fraud at 315 West 35th Street

Attorney Stephen Meister is claiming an $11 million fraud at a building his client Isaac Chetrit is trying to acquire.

Brokers Weekly, Featured »

[21 Sep 2011 | 4 Comments | ]
Turning shabby into chic with the click of a mouse

By Liana Grey
Not long after Vince Collura, president of Gotham Photo Company, launched a virtual staging service, a broker asked him to touch up a listing that was too cluttered to attract buyers. No less than 85 picture frames adorned the living room walls. Another agent called when a seller refused to stow away half-packed boxes during photo shoots and open houses. “Depersonalization is very important,” said Collura. “Sometimes sellers aren’t willing to clean, remove diplomas from the den or children’s artwork from the fridge.”

Deals & Dealmakers, Headline »

[19 Sep 2011 | No Comment | ]
Natixis nixes deal at 9 West 57th Street

By Daniel Geiger

A complicated deal to bring trading operations for the French financial firm Natixis into the base of the pricey midtown office tower 9 West 57th Street has fallen apart, several people with knowledge of the situation say. The potential deal had been a surprising about-face for Natixis, which last year leased a roughly 190,000 s/f block of space at 1251 Avenue of the Americas in an apparent decision to relocate its operations from 9 West 57th Street, where it has two floors high in the building, 35 and 36.

Construction & Design, Featured »

[16 Sep 2011 | 3 Comments | ]
N.Y.U. seeks parkland designation in expansion plan

By Roland Li

New York University will seek to designate two strips of land south of Washington Square Park as city parkland, as it moves forward with an expansion plan that would add four new buildings to the area. The change, characterized by the school as a concession to neighborhood groups that had requested that the land be preserved, would also shift a new building 15 feet west.

Brokers Weekly, Featured »

[16 Sep 2011 | 2 Comments | ]
Mr. Moinian goes to Beijing

By Roland Li

Joseph Moinian’s W Downtown Hotel & Residences occupies a parcel in Lower Manhattan that overlooks the World Trade Center, a visible reminder of the changes in the area. Less apparent are the advantages of the building’s south view, which faces the converging Hudson and East Rivers. When Moinian was planning the condo and hotel building, designed by Gwathmey Siegel & Associates and the interior firm Graft, he brought a feng shui consultant to ensure that rooms conformed to Chinese beliefs of space and aesthetics.

Deals & Dealmakers, Featured »

[14 Sep 2011 | 2 Comments | ]
Foodies eat into Fashion District

By Liana Grey
Two months ago, Around the World Fashion, a shop selling trade magazines and design books, relocated to a storefront on 37th Street between Seventh and Eighth Avenues. The company’s decision to move to that block should come as no surprise: what better place for a vendor of fashion glossies and catalogues, after all, than the heart of the Fashion District?

Deals & Dealmakers »

[14 Sep 2011 | No Comment | ]

Jones Lang LaSalle data demonstrates the groundwork has been laid for Lower Manhattan’s next great transformation 10 years past the September 11 tragedy.
 
Having weathered a volatile economy and ongoing cycles of recovery, rebuilding and consolidation, Lower Manhattan is poised to capture demand not witnessed since the beginning of the previous century.
 
According to Jones Lang LaSalle’s report, “Lower Manhattan 10 Years Later,” although the historic district remains the home of Wall Street, local government, professional services, media and technology firms will occupy a greater share of Lower Manhattan office space going …

Deals & Dealmakers, Headline »

[14 Sep 2011 | No Comment | ]
Minskoff proceeds with 51 Astor on spec

By Daniel Geiger

A spate of competing development projects and a rocky economy have not dissuaded developer Edward Minskoff from going forward with 51 Astor Place, a speculative office tower he has been planning to build on an island of land between Third and Fourth Avenue and 8th and 9th Street. Minskoff said that he is close to breaking ground on the project, which will be roughly 400,000 s/f in size and cost hundreds of millions of dollars to build.

Brokers Weekly, Featured »

[13 Sep 2011 | One Comment | ]
Coming home

By Liana Grey
Ten years ago, Anthony DeGrotta, co-founder of A.C. Lawrence, managed a brokerage office on the ground floor of 100 John Street, in the shadow of the World Trade Center. As he exited the subway on the morning of September 11th, a plane roared overhead and slammed into the north tower. DeGrotta’s first instinct was not to run north, as police were urging dazed survivors to do, but to make his way to 100 John.

Related Posts Plugin for WordPress, Blogger...