NEW YORK CITY-Commerce signs a 4,000-sf Downtown deal on Hudson Street in Tribeca, while Fleet leases more than 11,000 sf for three full-service branches and six ATM sites located throughout Manhattan.
NEW YORK CITY-Eurohypo, one of Germany's 10 largest banks, moves its US base of operations to a full floor at the 49-story Bryant Park-area office tower. Asking rents for the space were $70 per sf.
NEW YORK CITY-The real estate and travel giant is again forced to defend itself against published reports stating the SEC is investigating its dealings with online real estate firm Homestore.com, which has been under scrutiny by regulators for the past year.
NEW YORK CITY-New Hyde Park, NY shopping center trust Kimco acquires Prometheus Southeast Retail Trust-owned mall REIT Konover in a $35.5-million deal. The new firm, called Kimsouth, will continue to operate out of Raleigh, NC.
NEW YORK CITY-Two years after moving its base of operations from West Hollywood, CA to dual headquarters in Midtown and on Long Island, condominium developer Bluebell Assets has a Park Slope project under way and will begin construction on a Chelsea loft property in January.
NEW YORK CITY-Cushman & Wakefield is the big winner, walking away with contracts for the two-building International Toy Center and the historic Fisk Building. Industry insiders say several more Malkin properties will soon be ready for some new blood.
NEW YORK CITY-A city-owned parcel in Washington Heights will be redeveloped by E.T. Management & Realty as a five-story parking structure with 11,000 sf of ground-floor retail space. Price tag is $11.5 million.
NEW YORK CITY-The legendary record label trades 10 floors for three, though its total footage remains nearly the same. Colliers ABR represented Arista in the 11-year sublease deal, while Cushman & Wakefield represented sublessor Random House.
NEW YORK CITY-The developer presided over an open-air ceremony, held at the construction site. Governor George Pataki and Mayor Michael Bloomberg were among the dignitaries who joined Silverstein in celebrating a giant step forward in the massive task of redeveloping Ground Zero.
CLIFTON, NJ-The firm, which owns both its former and new headquarters facilities, has set up shop at a former Hoffmann-La Roche facility it acquired two years ago and completely refurbished.