NY Observer > Madison http://www.observer.com/taxonomy/term/26717/feed Articles from Observer.com en The Round-Up: Tuesday http://www.observer.com/node/35880
  • Costs of 2nd Avenue Subway grow.
    • [NY Times]
  • 76,000-square-foot lease at 88 Pine Street.
    • [NY Post]
  • Moinian drops condos at 60 Madison. [2nd item]
    • [NY Post]
  • More on subprime mortgage problems.
    • [Daily News]
  • Parks Department tries again in Coney Island.
    • [Daily News]
  • Bill would close southern Brooklyn zoning loophole.
    • [Daily News]
  • Construction starts on Upper East Side condo.
    • [GlobeSt]

    Did we miss any New York City real estate news this morning? Please send along tips and links.

    ]]> http://www.observer.com/node/35880#comments Real Estate Coney Island Madison New York City The New York Times Company Tue, 20 Mar 2007 03:48:51 -0400 Observer Staff 35880 at http://www.observer.com Ravenous Broadway Partners Gobbles Two More Monsters http://www.observer.com/node/36957 Is there anything more active than Scott Lawlor’s Broadway Partners?    read more »]]> http://www.observer.com/node/36957#comments Real Estate Bear, Stearns & Co. Inc. Broadway Partners Madison Manhattan Sun, 18 Mar 2007 20:00:00 -0400 John Koblin 36957 at http://www.observer.com Quietly, Midtown Asserts Its Dominance http://www.observer.com/node/36895 Downtown Manhattan grabbed headlines throughout the end of February, as Governors Spitzer and Corzin  read more »]]> http://www.observer.com/node/36895#comments Real Estate Bryant Park Madison Manhattan Simon Wasserberger Sun, 11 Mar 2007 20:00:00 -0400 Tom Acitelli 36895 at http://www.observer.com SL Green Dreams Grand Central With $76 Million Madison Ave. Buy http://www.observer.com/node/36909 The upmarket men’s clothier Thomas Pink is moving downtown.    read more »]]> http://www.observer.com/node/36909#comments Real Estate Columbus Madison New York University Wall Street Sun, 11 Mar 2007 20:00:00 -0400 John Koblin 36909 at http://www.observer.com The Sheriff of Landmarks http://www.observer.com/node/36792 LOCATION: The controversy over 980 Madison Avenue has yet to be resolved, but the Landmarks Preserva  read more »]]> http://www.observer.com/node/36792#comments Real Estate Aby Rosen Madison Norman Foster Tom Wolfe Sun, 25 Feb 2007 19:00:00 -0500 Tom Acitelli 36792 at http://www.observer.com $1,739,370,834 http://www.observer.com/node/35738 WWPLAZA-L.jpgThat's the official amount the Macklowes paid for Worldwide Plaza, the second most-expensive office-building sale in U.S. history.

    Here are the official price tags on three other buildings they bought:

    1540 Broadway: $967,555,811 527 Madison: $234,641,309 Tower 56: $178,521,008

    The Real Estate is still waiting on the records for the other four buildings the Macklowes bought last week from Blackstone; 1301 Avenue of the Americas should come close to breaking more records.

    - John Koblin]]>     http://www.observer.com/node/35738#comments Real Estate Madison Wed, 14 Feb 2007 08:33:29 -0500 Observer Staff 35738 at http://www.observer.com     Landmarks Leaves Door Slightly Ajar for Foster http://www.observer.com/node/35599 A bad marriage or an open door? How best to characterize the reaction from Tuesday morning's Landmarks Preservation Commission meeting on Norman Foster's 22-story tower for 980 Madison Avenue?

    The Real Estate called the principal actors for comment, having been unable to attend in person.

    "Nine out of 10 commissioners strongly opposed the current project because of the height, the scale, and the materials were inapporpiate for the district," said commission spokeswoman Lisi de Bourbon. "They felt the building did not relate well with the Parke-Bernet building."

    One commissioner, the Rev. Thomas Pike, even called it a "bad marriage."

    But the developer, Aby Rosen, was ready for a lot worse.

    "From our perspective, it went quite well," said Rosen's spokeswoman. "Nobody was closing the door and saying, 'Absolutely not. You can't build something on top of the Parke-Bernet building.'"

    At least the commission did not take a vote, permitting the Foster-Rosen team to come back in a few months with a revised plan. - Matthew Schuerman]]>     http://www.observer.com/node/35599#comments Real Estate Aby Rosen Lisi de Bourbon Madison Norman Foster Tue, 16 Jan 2007 11:28:52 -0500 Observer Staff 35599 at http://www.observer.com     Apparel Giant Dons Fresh Lease in Murray Hill http://www.observer.com/node/35556 In renewal news, Phillips-Van Heusen has renewed and expanded to nearly 200,000 square feet at 200 Madison. The apparel company that brings you Calvin Klein, Bass and Izod renewed its 150,000-square-foot lease and expanded by an additional 47,629 feet at its Murray Hill home.

    Cushman & Wakefield's Matthew Astrachan, Mitchell Konsker and Steven Bauer represented the tenant.  read more »

    Release after the jump. - John Koblin ]]>     http://www.observer.com/node/35556#comments Real Estate Cushman & Wakefield Inc. Madison Matthew Astrachan Phillips-Van Heusen Corporation Fri, 05 Jan 2007 07:59:15 -0500 Observer Staff 35556 at http://www.observer.com     The Round-Up: Wednesday http://www.observer.com/node/35438
    • Quinn introduces 421-a compromise.
      • [NY Times]
    • Rising rates ratchet up costs of subprime mortgages.
      • [NY Times]
    • Forget the stats. Northeastern home values falling.
      • [NY Times]
    • Toll Brothers reports 44 percent earnings drop.
      • [NY Times]
    • Automated garages may rise in New York area.
      • [NY Times]
    • City eatery owners respond to trans-fat ban.
      • [NY Post]
    • 980 Madison opponents submit petition to Landmarks.
      • [NY Post]
    • 366 Madison sells for $116 million. [3rd item]
      • [NY Post]
    • UN to renovate secretary-general's Sutton Place mansion.
      • [Daily News]
    • Can French cuisine change Port Authority's reputation?
      • [NY Sun]

      Did we miss any New York City real estate news this morning? Please send along tips and links.

      ]]> http://www.observer.com/node/35438#comments Real Estate Madison New York City The New York Times Company Wed, 06 Dec 2006 02:45:59 -0500 Observer Staff 35438 at http://www.observer.com Aby Loves Tom - Not! http://www.observer.com/node/35407
      71955045%5B2%5D.jpg
      Wolfe "works with the insult factor."

      In a conversation on Tuesday with The Real Estate, the developer Aby Rosen did his best to besmirch the knight in a white suit who tried to rescue 980 Madison in the Times this weekend:

      Tom Wolfe loves to rant and he's been ranting against the city and the Landmarks [Preservation] Commission and the commissioners left and right. I think the commissioners are doing a fantastic job. They do not need Tom Wolfe telling them what to do. The landmarking issue is worldwide. There is an issue, but he works with the insult factor. I always felt insults were a sign of weakness, not strength. He should stick to writing books. His facts were not great, either. It's easy to write an op-ed piece. You can pick and choose your facts.

      Rosen, whom Wolfe described standing outside last month's commission hearing with his "chin up, tummy out," went on to extol all the great parts of 980 Madison Avenue that Charlotte Simmons' alter ego overlooked: the museum, sculpture garden, green technology and a very nice building to boot.

      "I am a respected developer. I would do things right." - Matthew Schuerman]]>       http://www.observer.com/node/35407#comments Real Estate Aby Rosen Madison Tom Wolfe Tue, 28 Nov 2006 12:42:19 -0500 Observer Staff 35407 at http://www.observer.com