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“11 blocks of NYC’s Fifth Avenue become ‘car-free’ holiday shopping plaza” A prime holiday shopping stretch in the city — Fifth Avenue between 48th and 57th streets — went “car-free” for the first of the days Sunday, outraging cabbies while delighting pedestrians, human or otherwise. “Ruby loves it!” Upper East Sider Robin Lempel, 32, said of…
“Merger whispers between Cushman and Newmark reignite at REBNY Gala” Rumors can be made of flimsy stuff. But they take on added attention when so little verifiable, large-scale activity is taking place in the commercial office market these early summer days. One tale that has tantalized the commercial brokerage world for months is that Cushman…
“Rudy Giuliani calls heckler a ‘brainwashed a-hole’ at Israel Day Parade” Rudy Giuliani erupted on a heckler during a parade to celebrate Israel on Sunday, calling the man a “jackass” and a “brainwashed a-hole” while defending his record as the city’s mayor. Giuliani could be seen on video shouting at the unidentified man at 5th…
“#Extell’s 5th Ave tower may have to build around mystery holdout” When Extell Development Corp. builds a long-awaited supertall office-and-retail tower at the corner of Fifth Avenue and 47th Street, one piece will be conspicuously missing from the 1,100 foot-tall giant — the actual corner of Fifth Avenue and 47th Street. A mysterious Korean company…
“#NYC’s war on cars targets ‘most important street in the world’” Call it a Fifth Avenue freeze-out. A dramatic city proposal, pitched as an improvement to bus and bike lanes on Fifth Avenue, will reroute and restrict automobile traffic in the heart of Midtown and disrupt access to many of the city’s most famous landmarks…
“#Textile Building at 295 Fifth Avenue to get penthouse” The handsome former Textile Building at 295 Fifth Ave., a century-old monument to the city’s golden age of apparel-making, will soon sport a two-story penthouse addition — among other major changes to prepare the Midtown South property for new life as an wellness- and environmentally-attuned office…
“#Valentino owes $207M for breaking NYC lease, damaging space: suit” Fashion brand Valentino owes its former landlords more than $207 million for breaking its Fifth Avenue lease nearly a decade early and leaving the place in shambles on its way out, new court papers allege. The design house lost a court bid last month to…
“#660 Fifth Ave. sheds Satanic address, to reopen in 2022” The office tower formerly known as 666 Fifth Ave. is putting Satan — and decades of ruinous mismanagement — behind it. Having shed the devilish address for unthreatening 660 Fifth, Brookfield Properties’ 1.5 million square-foot tower between East 52nd and 53rd streets is on track…
“#Qatari sheikh buys Flatiron property for $40 millions” Alo Yoga, say “alo” to your new landlord — a mysterious Qatari sheikh whose charitable foundation has allegedly been flagged by his country’s Mideast rivals for suspected ties to terrorism. Qatari Sheikh Thani bin Abdullah bin Thani al-Thani closed on the $40 million purchase last week of…
“#High-end retailers, posh eateries reopening after COVID setback” Manhattan’s fanciest retailers and restaurants are back — just in time for a really rough winter. There’s been a surge in recent weeks of high-end fashion boutiques and restaurant reopenings in central Manhattan, despite record unemployment, rising crime, municipal revenue shortfalls, schools chaos — and a COVID-19…