Archive for October, 2012

Chelsea Market musicians

Chelsea Market Expansion Approved by Zoning Committee

Posted on October 29th, 2012 · Posted in Development

The City Council Zoning subcommittee voted to approve a 290,000 square foot expansion of Chelsea Market. The expansion would be in the form of additional office space built on the.. read more

Times Square Gateway Center rendering

North Times Square Set for New Mixed Use Development

Posted on October 23rd, 2012 · Posted in Development

The Times Square Gateway Center, a new 36-story mixed use development project, will feature a 500 room hotel, expansive retail area and a 24,000 square foot LED sign at the.. read more

World Financial Center

World Financial Center Will Be Renamed Brookfield Place

Posted on October 20th, 2012 · Posted in Annoucements, Leasing

Soon World Financial Center will go the way of the Sears Tower as Brookfield Properties has decided to rebrand the property as Brookfield Place in an effort to attract a.. read more

386 Park Avenue

WMC and Principal Real Estate Acquire 386 Park Avenue

Posted on October 18th, 2012 · Posted in Acquisitions

William Macklowe Company and Principal Real Estate Investors recently acquired 386 Park Avenue South for just over $111 million. The Art Deco styled property located at East 27th and Park.. read more

Times Square Black and White

H&M Replaces the Former ESPN Zone Space at 4 Times Square

Posted on October 14th, 2012 · Posted in Leasing

Every year, nearly 40 million tourists flock to Times Square and according to Travel + Leisure Magazine, it is the world’s most visited tourist attraction. H&M is hoping their newest.. read more

635 and 641 Sixth Avenue

SL Green Adds Two Buildings in Midtown South

Posted on October 13th, 2012 · Posted in Acquisitions

SL Green Realty Corp. recently acquired two adjacent office buildings at 635 and 641 Sixth Avenue in Midtown South for approximately $173 million. The recently closed deal saw them pay.. read more

Chelsea Market

Google Already Expanding in Chelsea

Posted on October 12th, 2012 · Posted in Leasing

Remember when Google bought 111 Eighth Avenue for $1.9 billion just two short years ago? Despite the cavernous building’s 2.9 million square feet of space, the company has already grown.. read more

Bryant Park lawn, from the south side

Study: Bryant Park Has Lowest Vacancy Rate in Midtown

Posted on October 7th, 2012 · Posted in Leasing

Despite new reports showing stalling demand for Manhattan office space, there is one area of Midtown where vacancy rates are below four percent and it’s no surprise to anyone who.. read more