NEW YORK CITY-During the “Battery Park City: Coming of Age” conference on Thursday afternoon, Brookfield’s president and global chief investment officer talked about the $250 million revamp of the iconic complex.
NEW YORK CITY-In a deal a deal which “encompassed significant upside” in office and retail, SL Green snatched up the 215,000-square-foot mixed-use building on a prime corner where Madison Square Park and Flatiron converge, Eastdil Secured’s Doug Harmon tells GlobeSt.com.
NEW YORK CITY-A spokesman for George Comfort & Sons tells GlobeSt.com that the company “is looking at all their options at the particular point in time” for the 1.9 million-square-foot Midtown asset, which could mean an entire sale, selling a stake—or continuing to lease up the site.
NEW YORK CITY-Manus Clancy, senior managing director at Trepp, tells GlobeSt.com’s Jacqueline Hlavenka that the rate is up by 67 basis points since February, a sign that the troublesome class of ’07 loans still need some schooling.
NEW YORK CITY-An unnamed source confirms to GlobeSt.com that the Columbus, OH specialty apparel and accessories retailer is approaching a tentative deal for the space, which was purchased by a joint venture of SL Green and Jeff Sutton for $136.5 million last year.
NEW YORK CITY-The city added 10,200 jobs in April, but the areas seeing growth — like tech, tourism and film — are not having a huge impact on space, Eastern Consolidated’s Barbara Byrne Deham tells GlobeSt.com’s Jacqueline Hlavenka.
NEW YORK CITY-Under a $260 million redevelopment plan, construction on 30 acres of new public space on the Island is now underway, city officials said.
NEW YORK CITY-In partnership with WESTMED Practice Partners, Mount Sinai Medical Center will construct an outpatient medical office at One Pierrpont plaza within Forest City Ratner’s MetroTech complex.
NEW YORK CITY-Industry sources tell GlobeSt.com’s Jacqueline Hlavenka that the latest executive changes are a sign that the brokerage industry is beefing up its offerings beyond leasing and sales.
