Maybe you’re thinking of checking out All Points West this weekend, the inaugural East Coast version of the Coachella Music Festival that starts today and runs through Sunday in a giant, grassy park on the Hudson River waterfront. Sounds pretty good, right? Summer’s drawing to a close, so what could be better than Read More
As contract negotiations continue with Dow Jones, the IAPE union is announcing today that they have unionized the company's Harborside location, located in Jersey City, NJ. For months, the IAPE has aggressively tried to gain a majority at the Jersey office, (at least according to the New York Post), where roughly 230 Dow Jones Read More
More news on that Jersey EMI lease. It looks like EMI will be taking the entire 15th floor, for 35,000 square feet, at Plaza 10 in Jersey City, a source said. The Observer reported the news first last week. Poor EMI. The company is buckling so much that Warner Music wants to chat about Read More
Macklowe Properties paid $1.73 billion for Worldwide Plaza at 825 Eighth Avenue, the second-largest sale price for an office building in U.S. history. The Macklowes’ purchase of the bulky West Side office tower was part of a $7 billion deal that the company made with Blackstone to secure eight New York office buildings that formerly Read More
The proposal to build apartments on the Albee Square Mall site in downtown Brooklyn, which came before a city board on Tuesday morning, represents the victory of market realities over urban-planning dreams. About four years ago, the city's Economic Development Corporation came forward with a plan that would rezone downtown Brooklyn bigger and better Read More
On a Wednesday in December, a young black man sat glum and quiet in a courtroom in Jersey City. He had gathered, on this cool day, with a host of hustlers and murderers. They all shuffled before a judge, offering their pleas and explanations. The young man—on charges for either peddling drugs or assault, or Read More
Jersey City back offices are apparently passe in this post-Sept. 11th world. Wall Street banks are looking further west, like northeastern Pennsylvania, which PA officials and private firms are trying to turn into a center of redundant offices and data banks in case catastrophe strikes Manhattan again. The region's promoters are calling it Wall Street Read More
7 WTC Does 7 World Trade Center have another tenant? According to this morning's New York Post, the international bank ABN Amro is "taking a good look at 7 WTC, and sources say it sent Silverstein a 'proposal' last week." A source close to the deal cautioned that the talks were "preliminary" but the Read More
Crain's is reporting that Citigroup is negotiating a 370,000-square foot lease in Jersey City and may sell its office tower at 250 West Street in Tribeca that now houses the Smith Barney investment banking division. The Daily News notes that Citi CEO Charles Prince is co-chairman of the Partnership for New York City, Read More
Come January, won't be New Jersey's junior senator anymore: he'll be back in the senior saddle. Perhaps anticipating his ascension, he jumped the gun a bit yesterday. Approached by WCBS-TV NJ reporter Christine Sloan, Lautenberg agreed to go on camera and discuss Corzine's pick for Senate. Sloan asked: "Have you talked to Jon Corzine about Read More
The Times has a couple of stories that The Real Estate had the jump on yesterday: First up, a look at the Freedom Center's defense, released yesterday, of withering criticism from its opposition. Second, details on Trump Plaza: Jersey City. "Trump Plaza" and "Jersey City" … they go together perfectly. Meanwhile, the Read More
At noon today, Donald Trump will announce the start of construction on Trump Plaza: Jersey City. Yes, Jersey City. The project will include New Jersey's two tallest residential towers, and cost about $415 million. The 55-story tower will have 445 condos, and the 50-story tower will have 417. And all those eager young professionals could Read More
The news last week that nearly two dozen Catholic elementary schools in Brooklyn and Queens are slated for extinction hit me like a rap on the knuckles with a ruler. It's not that the signs haven't been in the air. The Catholic Church and its educational system, after all, wield nowhere near the mighty force Read More
The Village Voice does some more digging on the question we looked at last week: Whether charitable donations to NYC2012, the Olympic bid committee, buy influence with the city. The new information they have comes from Deputy Mayor Dan Doctoroff's schedule, obtained through the Freedom of Information Law, which show -- surprise! Read More
