These are the most relevant news around the NY area on real estate, business and market trends.
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The Real Deal
- Amazon Readies Revival of Lord & Taylor Building (therealdeal.com)
- Plaza Hotel, Manhattan Four Seasons Could Soon Reopen (therealdeal.com)
- Extell: 740 Eighth Ave project with thrill ride is legal – The Real Deal
- Mori Trust’s Bet on 245 Park Ave is Part of U.S. Expansion (therealdeal.com)
- Kalimian Risking Default at Lincoln Square Luxury Property (therealdeal.com)
- Serhant Moves Into Tribeca Office, Second NYC Location (therealdeal.com)
- Jeff Sutton Arranges $14 Million Yeshivah Deal in Gravesend (therealdeal.com)
- Hell’s Kitchen Condo Board Sues Gotham, SLCE (therealdeal.com)
- Maguire Capital Takes Over Foreclosure at 255 Butler in Gowanus (therealdeal.com)
Bisnow
- SL Green Sells Stake In 245 Park To Japanese Firm At $2B Valuation (bisnow.com)
- This Week’s N.Y. Deal Sheet: Lender Takes Over Related’s LIC Office Building (June 6, 2023) (bisnow.com)
- Standard High Line Hotel’s $170M Foreclosure Suit Dropped (bisnow.com)
- Fifth Avenue Office Building Staring Down Default (bisnow.com)
Commercial Observer
- Child Mind Institute to Move to 82K SF at 825 Third Avenue – Commercial Observer
- Tech Firm WithSecure Signs 7K-SF Deal at 116 East 16th Street – Commercial Observer
- Furniture Retailer Innovant Takes 11K SF in NoMad for New Showroom – Commercial Observer
- Acquisition Firm Equiteq Signs 8K-SF Lease at 450-460 Park Avenue South – Commercial Observer
- Six Tenants Ink Deals at 1501 Broadway – Commercial Observer
New York Post
- GM Building adds new Savoy Club wellness center for tech-loving tenants (nypost.com)
- West End Labs signs first tenant in Graviton Bioscience (nypost.com)
New York YIMBY
- Housing Lottery Launches for 1135 Teller Avenue in Concourse, The Bronx – New York YIMBY
- Permits Filed for 2158 Aqueduct Avenue East in University Heights, The Bronx – New York YIMBY
- Tishman Speyer to Begin Construction on Second Affordable Housing Property at Edgemere Commons in Far Rockaway, Queens – New York YIMBY
- 1,046-Key Hilton Readies for Grand Opening at 150 West 48th Street in Times Square, Manhattan – New York YIMBY
- TSX Broadway’s Tempo by Hilton Prepares For Late-Summer Opening at 1568 Broadway in Times Square, Manhattan – New York YIMBY
Crain’s New York
- New York City, Gilbane, Hudson Cos. land nearly $300M for massive Hunts Point mixed-use project | Crain’s New York Business (crainsnewyork.com)
- Hell’s Kitchen Inkwell condo sues Gotham Org, SLCE Architects for shoddy construction | Crain’s New York Business (crainsnewyork.com)
- WeWork’s depleted board needs a new independent director | Crain’s New York Business (crainsnewyork.com)
- NYC Deals of the Day: June 30, 2023 | Crain’s New York Business (crainsnewyork.com)
- Rockrose facing claims it went behind Alexico’s back to secure $160M St. Francis College deal | Crain’s New York Business (crainsnewyork.com)
- Times Square Margaritaville owner sues to halt foreclosure auction | Crain’s New York Business (crainsnewyork.com)
