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“#ViacomCBS nears sale of CBS Studios lot in LA as it pares real estate holdings” ViacomCBS is nearing a sale of its historic CBS Studio Center lot in Los Angeles — the home of popular TV shows including “Seinfeld,” The Post has learned. Final bids are in for the massive collection of soundstages, which has…
“#ViacomCBS mulled sale of NYC Broadcast Center in bid to raise cash” CBS earlier this year mulled selling its sprawling New York-based CBS Broadcast Center in Manhattan’s Hell’s Kitchen neighborhood, sources told On The Money. A source told The Post that the company had “looked at” selling the Broadcast Center — located at 524 West…
“#NYC’s restaurants are making a comeback” Il Postino, a two-decade fixture of Midtown East, almost went under. When the Waldorf Astoria, a key source of covers, was shuttering for a condo conversion, Il Postino owner Luigi Russo knew he had to move fast, so he hired Douglas Elliman’s Matt Leto to find him a new…
“#Hospital for Special Surgery scores more room to operate” The Hospital for Special Surgery is massively stretching its Upper East Side footprint with an expansion to a new tower on which Extell Development will break ground this year. Extell has long owned the full east-side blockfront of First Avenue between East 79th and 80th streets,…
“#Wegmans deal signals reawakening appetite for Manhattan leases” When huge stores such as Barneys and Century 21 stand vacant, and “for lease” signs outnumber occupied storefronts on many Manhattan blocks, any sign of a retail uptick is welcome. It isn’t to be mistaken for a boom, but the third quarter saw a desperately needed lift…
“#Real estate ‘unicorn’ Orchard Technologies moving downtown” Orchard Technologies, a newly minted “unicorn” that aims to simplify the home-selling-and-buying process, had its own odyssey finding a new home for its fast-growing business. The outcome: a welcome, 107,000 square-foot boost for the downtown office market. The four-year-old firm was working out of a 25,000-square-foot Knotel flex-space until…
“#Google buys NYC campus for $2.1 B, one of biggest office deals ever” Who said the office is dead? Google said Monday it is paying $2.1 billion for a New York City building in the largest American office deal since 2018. The deal is for a 1.3 million-square-foot waterfront building at Hudson Square in Manhattan…
“#Old McGraw-Hill building free to start new chapter” Finally free from a pesky preservationists’ lawsuit, the landmarked former McGraw-Hill Building at 330 W. 42nd St. is stepping into a new life as a modern office tower attuned to 21st century needs. A full-scale marketing campaign begins this week for the vacant 700,000-square-foot-tower that was once…
“#Developer to break ground on first brand-new Dumbo office building in 100 years” Anyone can boldly announce plans for future office buildings that have no official groundbreaking dates. It’s another to actually start construction amid the lingering pandemic when the city’s overall office market continues to see record-high vacancy rates. On Sept. 14, developer Edward…
“#One World Trade Center reaches deal for entire floor” Cooperation among the owners of One World Trade Center, Advance Communications and JLL to find users for some of Condé Nast’s space in the tower has resulted in a second substantial deal. JLL, Advance’s leasing agent, just completed a 48,000-square-foot sublease for digital marketing specialists Constellation Agency…