As lawyers for two of the city's biggest developers, Joe Moinian and Stephen Ross, litigated in New York Supreme Court last month over the future of the homely office tower at 3 Columbus Circle, a representative for SL Green sat quietly next to Mr. Moinian's team. SL Green, a publicly traded real estate trust and Read More
On Saturday afternoon, a security guard sat in the back seat of an idling white jeep, watching over a 2.1-acre patch of dirt near the Gowanus Canal in Brooklyn. There was an overflowing can of garbage next to the car's front bumper and a puddle of groundwater nearby. Just across the canal, against the backdrop Read More
The new Sperone Westwater gallery at 257 Bowery, just a block away from the New Museum, is Lord Norman Foster's second building to be completed in New York after the Hearst Tower. The Lower East Side is getting real arty! Lord Foster finished his first sketches for the gallery at a holiday party in St. Moritz, Read More
On Nov. 15, Stephen Ross, chairman of the Related Companies and owner of the Miami Dolphins, strode into Room 238 of the New York State Supreme Court, four minutes after litigation over 3 Columbus Circle was slated to begin. A dozen lawyers waited around a square table in the center of the room, rattling gold Read More
At street level, 1155 Avenue of the Americas is Thomas Pink, but upstairs it's Don Draper meets Dow Jones. The News Corp.-owned publisher has signed a 117,000-square-foot lease for 10 years for advertising-sales offices on the third and fifth through eighth floors of the Durst Organization's 41-story black granite tower.The 1984 Emery Roth & Sons-designed building Read More
Robert Durst, the estranged son of Times Square developer Seymour Durst, thought Ryan Gosling did a decent job playing him in Andrew Jarecki's new film All Good Things. The movie follows Mr. Durst through a failed marriage and three alleged murders.
Mr. Gosling's performance was "close," but "not as good as the real thing," Mr. Durst Read More
Tall and slender, Gertrude Vanderbilt Whitney was nothing like the squat, unpolished granite museum built in her name on Madison Avenue. She was spry, light-footed and "improvisational," according to the art critic Forbes Watson, her friend and contemporary. He once complimented Whitney's "genius for transforming an idea into an act before the idea could be Read More
In the second act of All Good Things, Ryan Gosling and Kirsten Dunst, playing characters supposedly based on Bobby and Kathie Durst, sit next to each other in the back of a taxi as it crawls through midtown some time in the mid-1970s, the bad old days of New York. Dressed in black and heavily Read More
The least of Park51 developer Sharif El-Gamal's concerns is a lawsuit with the landlord of his former office over $39,000 in supposed unpaid rent, especially now that a New York City Housing Court judge has thrown the case out, according to The Real Deal.
"You know, the real estate business is a very tough business, Read More
Sierra Realty has hung a for-lease sign out for 40,000 square feet of available space at 140 William Street, a seven-story bank building previously owned by developer Kent Swig.
Chris Soukas bought the building, at an enormous discount, for $11.35 million earlier this summer. Mr. Swig — he of the unfortunate timing — acquired the Read More
New York City developer Jerry Speyer andconstruction giant Daniel Tishman, whose company has built many of the city's most important projects, were the two leading individual contributors to Governor-elect Andrew Cuomo's campaign, donating a combined $187,400. Mr. Speyer chipped in $100,000 and Mr. Tishman gave $87,400, according to analysis by The Buffalo News. (Messrs. Read More
The ranking of the five most expensive markets for office space—London, Hong Kong, Tokyo, Mumbai and Moscow—remained unchanged over the last year, according to CB Richard Ellis' semi-annual survey. Office occupancy costs are down 1.3 percent year-over-year in the 175 biggest markets.
The most expensive office market in the world remain's London's West End, where occupancy Read More
Developer Bruce Ratner came to Steven Spinola for help in 1985. Mr. Ratner needed to get tenants for his planned MetroTech Center in Brooklyn, and Mr. Spinola was Ed Koch's economic development chief. Part of his job was to keep tenants in New York, and Morgan Stanley was thinking about moving its back offices to Read More
This morning at the New York Public Library during the Bloomberg Real Estate Briefing, Sam Zell sat for an interview with Bloomberg Television's Betty Liu. While the Local 46 Union protested Mr. Zell's use of non-union labor to finish an apartment building on West 23rd Street outside, Ms. Liu asked Mr. Zell about the Read More
This morning at the New York Public Library, residential developers Henry Elghanayan, Thomas Shapiro and Douglas Yearley Jr. sat on a panel about the housing market with Bloomberg reporter Prashant Gopal.
As his last question, Mr. Gopal asked the panel how the midterm elections were going to affect the commercial real estate business.
"I'm actually quite nervous Read More
