News
350 Park Avenue: Midtown Manhattan's Next Big Thing
2+ hour, 50+ min ago (1373+ words) A little over a month after a democratic socialist became mayor of New York City, billionaire Ken Griffin and his finance companies, Citadel and Citadel Securities, are voting with their feet." The firms" old Park Avenue offices are scheduled to…...
NYC’s Waldorf Astoria Set to Hit the Market, Last Sold for Nearly $2B
1+ week, 4+ day ago (283+ words) New York City's famed Waldorf Astoria hotel is set to hit the market, just months after its Chinese owners completed a multibillion-dollar makeover, the Wall Street Journal reported. Any change in the building's ownership would not affect hotel operations, Hilton…...
Trampoline Park Sky Zone Takes 35K SF at Harlem’s East River Plaza
2+ week, 2+ day ago (369+ words) The sprawling indoor play experience known as Sky Zone has leased 35,000 square feet at East River Plaza off FDR Drive at 517 East 117th Street in East Harlem, where it will likely open at the end of the year or in early…...
New Malibu Condos Hit Market for First Time in Decades
2+ week, 4+ day ago (466+ words) New housing in Malibu is among the rarest real estate developments, yet a Florida-based investment firm has come to show Southern California how it's done. New Malibu Condos Hit Market for First Time in Decades Florida-based BH3 converted the former apartments…...
Billionaire Ken Griffin Buys Miami Office with Goldman Properties
1+ mon, 1+ week ago (369+ words) Billionaire Ken Griffin has bolstered his Miami real estate portfolio, partnering with Goldman Properties to buy an office building in Miami's Wynwood neighborhood for $180 million." The 10-story property, 545 Wyn, features about 298,000 square feet of office space as well as 26,340 square…...
NYC Selects GFP to Redevelop 100 Gold Street Into 3,700 Housing Units
2+ mon, 2+ week ago (384+ words) The aging city-owned office building at 100 Gold Street is finally getting its shiny revamp. After a request for proposals process, the New York City Economic Development Corporation (NYCEDC) has chosen GFP Real Estate to redevelop the 1960s-built, 10-story office building…...
Matt Ferrari Exits TruAmerica to Start New Multifamily Investment Platform
3+ mon, 2+ week ago (512+ words) Matt Ferrari may have summited Mount Everest this year, but there's no rest in sight quite yet, because he now has a mountain of a different kind to scale." Ferrari has left his position as co-chief investment officer and head…...
New Rolex Store to Open at 86 North Sixth Street in Williamsburg
3+ mon, 3+ week ago (475+ words) Swiss luxury watchmaker Rolex is opening a new store in Williamsburg, Brooklyn, Commercial Observer has learned. Rolex, which currently has nine other locations in New York City, has signed a 15-year lease for 3,709 square feet at Empire State Realty Trust…...
Luxury Retail Veteran Adam Gang Moves to Ripco
3+ mon, 3+ week ago (353+ words) Ripco Real Estate has hired luxury retail veteran Adam Gang as a vice president, Commercial Observer has learned. Gang " who has nearly two decades of experience leading global real estate strategy at LVMH, Kering, coach, Canada Goose, Apple and Away…...
What Matt Partridge Has Planned as Seaport Entertainment Group's CEO
4+ mon, 2+ day ago (1172+ words) Paging Matt Partridge. You are needed at the Seaport in Lower Manhattan, stat. The newly appointed chief executive officer for Seaport Entertainment Group (SEG) once expected his career to be filled with pages similar to that when he was studying…...