NEW YORK CITY-In an effort to boost its metropolitan-area holdings, Investcorp has acquired a 50% interest in three suburban properties--two on Long Island and one in Westchester. The total portfolio is approximately one million sf.
NEW YORK CITY-Deputy Mayor Dan Doctoroff touted the benefits of proposed improvements for the Javits Convention Center in addition to the addition of the New York Sports and Convention Center during the keynote speech at Buildings New York.
NEW YORK CITY-While the as-yet-to-be named airline will be operated out of San Francisco, the management offices will be located here. It's a move that is expected to bring 600 new jobs to the area within the next five years.
NEW YORK CITY-MovieBank anticipates a nationwide rollout of 1,000 stores including 50 here. The first will open in August at 71 West Houston St. The concept of totally automated video stores originated in Europe.
NEW YORK CITY-Ticor Title is expanding its offerings with the addition of a National Commercial Division to be based here. VP Linda Isaacson is heading up the initiative.
NEW YORK CITY-The Department of Buildings has taken issue with an audit report issued by the Comptroller's office that deals with the department's response to safety-related complaints.
NEW YORK CITY-The Department of Buildings has taken issue with an audit report issued by the Comptroller's office that deals with the department's response to safety-related complaints.
NEW YORK CITY-Plans are in place to renovate and initiate a prebuilt program at the 507,000-sf tower, which was constructed in 1911. Cushman & Wakefield has been named the exclusive leasing agent for the more than 150,000-sf of available space.
NEW YORK CITY-And it's down to four. The final four teams to create a master plan for the High Line have been selected by the Friends of the High Line and the city. The teams are made up of architects and landscape designers and are competing to transform the former rail line into an elevated park.
EDISON, NJ-Ford Motor Co. has chosen Hartz Mountain Industries to redevelop its recently shuttered assembly plant here. Still in the discussion stages, the Secaucus, NJ-based Hartz is planning a lifestyle center for the 100-acre site.
