Pity the lawyers these days.
Law firm Milbank Tweed Hadley McCloy LLP, which currently occupies high-floor space in fabulous Chase Manhattan Plaza, will likely not be able to stay. JPMorgan Chase, which owns the building, wants more space for itself in the brimming tower. Meanwhile, Milbank's lease expires in 2013, with a five-year renewal option, but now Read More
It seems high time that the Whitney and the Metropolitan Museum of Art, well, met.
The Whitney approved a $680 million expansion plan into the meatpacking district last spring, after years cramped in an overhanging Brutalist beast of a building on 75th Street. But there was a catch: Cosmetics heir Leonard Lauder apparently has a soft Read More
The city is still wheeling with the news that Kate Spade has launched a nostalgic line of mint green bicycles. Now Ms. Spade is toodling into some bigger downtown digs.
One can no longer enjoy a stroll through the Brooklyn Flea or a breezy brunch in the Village without being garotted by a pink patent purse Read More
Naked Pizza is opening two locations in New York City, but it turns out that was merely a striptease.
The New Orleans-based makers of half-calorie pizza (with, of course, all the taste) recently leased spaces in midtown east, at 954 Third Avenue, and near Union Square, at 150 East 14th Street. Now the company plans to Read More
Any golfer will tell you: sometimes you just get tired of staring at an empty hole.
At long last, Dick's Sporting Goods wants to fill Blackstone's cherished 36,000-square-foot empty, two-floor retail space at 42nd Street and Sixth Avenue, multiple sources said.
The prime spot in the 41-story Bryant Park tower at 1095 Sixth Avenue is technically in Read More
Tishman Speyer and a major law firm are sharpening their skates for yet another high-stakes renewal duet at Rockefeller Center.
Baker Hostetler, the world's 85th-largest law firm, which represented Bernie Madoff's victims in their search for lost treasure, now occupies 100,000 square feet at 45 Rockefeller Plaza. But with its leases expiring in 2012, Read More
When Deloitte signed a 430,000-square-foot lease at 30 Rockefeller Plaza in December, it seemed like the space came from thin air.
The reality, it turns out, is nearly as dramatic: While law firm Chadbourne & Parke was mulling whether to renew its lease there, Deloitte swooped in and leased the space from under them, according Read More
From the glamorous to the quotidian, everything you need to know about New York City's apartment market is contained on StreetEasy, except this: The city's most powerful residential real estate site has begun a quest for new office space.
"We've got half a dozen places that are of real interest," chief executive Michael Smith told Read More
Steve Jobs can't sneeze on a storefront without creating a fan frenzy, but a similarly high-end tech store has been scoping Manhattan space without eliciting so much as a tweet. Micro Center, a big-box-size retailer with aspirations to an Apple-like desirability, is scoping Manhattan space, including along top-tier Fifth Avenue, sources tell The Commercial Read More
Valhalla of fine dining midtown is not, but the high-density office district has at least mastered the art of the weekday power lunch.
Now, Pret A Manger plans to triple its New York City presence over the next two years. The expansion will include more locations downtown, as well as in Brooklyn, the Bronx Read More
Even exquisitely uncomfortable pointy-toed dress shoes can't keep Michael Kors from practically any retail neighborhood in the city he so desires.
It reportedly took ages to lure the designer to check out Unago's former space on Madison Avenue for his New York City flagship. But once they got him through the door, the negotiations Read More
You can already follow the trail of Crumbs from the tip of the island almost to the top of Central Park. But the cupcake maker could eventually become one of the city's most ubiquitous food chains.
"How many locations does Starbucks have?" Newmark Knight Frank's Jeff Roseman, who represents the tenant, asked The Commercial Observer rhetorically. Read More
Fifth Avenue has long have been the summit of Manhattan retail. But high-end gear shop The North Face was initially wary of setting up on the glitzy strip. Nonetheless, the California retailer, which makes adventure apparel for the suburban set, is searching for space to open a new store on Fifth Avenue, a source said.
North Read More
Throughout the past 12 months, The Commercial Observer reported on tenants actively looking for new space, regardless of whether those tenants (or their brokers, or their landlords) wanted the marketplace at large to know. Information is power! And so forth ...
Here are some of the prospective tenants we reported on, including retail and office, Read More
The International Center of Photography, New York City's preeminent photography museum, is, for the second time in its less-than-40-year lifespan, looking for a new home. The center-both a photography museum and a graduate school-is searching for a broker to spearhead its hunt for between 100,000 and 150,000 square feet of commercial space, either within a Read More
