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“High-end caterer Great Performances expands footprint in the South Bronx” Liz Neumark’s Great Performances has taken 10,000 more square feet at the Bronx’s Bruckner Building, raising the space leased by the high-end, nutritionally conscious caterer to more than 60,000 square feet. We first reported the organization’s move there from 304 Hudson St. in 2019, after the…
“New tenants sign at JEMB Realty Corp.’s Willoughby Square” Three new deals have brought JEMB Realty Corp.’s 1 Willoughby Square to nearly 50 percent leased. The new tenants will join FXCollaborative, the building’s architect and anchor tenant, in what is Brooklyn’s tallest office tower. The highly diverse new arrivals are Propel, a fin-tech company, which will…
“Record high rents are driving people back out of NYC” Once again, the rent is too damn high. For many city denizens who weathered the pandemic in the boroughs, new record high rents and bidding wars have proved the final straw. Instead of renewing their leases, they’ve moving to more affordable areas. Bargain-hunters are “choosing…
“Times Square needs more cops — not casinos —to lure visitors” Times Square is roaring back from the pandemic. “Ghost town” is a dim memory. Theaters and restaurants are packed. Companies are leasing more floors in office towers even before the buildings fill up again with live human workers. As daily foot traffic of 350,000…
“Lease deals signed at 1155 Sixth Ave. and throughout Midtown” Manhattan’s leasing market showed renewed vigor after a mostly slow first quarter. The $130 million capital improvements program at 1155 Sixth Ave. continues to pay off for the Durst Organization. Some 200,000 square feet of leases were signed in the past twelve months. Now, a…
“#Chubb closes deal on lease of 10 floors at Midtown’s 550 Madison Ave.” Global insurance giant Chubb Group signed a lease on Thursday as the long-awaited first tenant at Olayan Group’s 550 Madison Ave., the landmarked “Chippendale” tower between East 55th and 56th streets. The Post first reported the negotiations — and a likely three-month…
“#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…
“#Newsmax doubles Manhattan presence as viewership surges” This just in: Newsmax is expanding, doubling its Manhattan office space. The Florida-based conservative news service has leased a roughly 24,000-square-foot full floor at 805 Third Ave., between 49th and 50th streets. Newsmax signed a five-year deal for the 19th floor of the skyscraper in a direct deal…
“#Legal powerhouse Fried, Frank signals faith in FiDi with lease renewal” One of the city’s most powerful law firms has reaffirmed its commitment to downtown Manhattan with the largest FiDi-area office deal since the start of the pandemic and the largest in the city this year. Fried, Frank, Harris, Shriver & Jacobson renewed its 400,000…
“#Hamptons squatter alleges harassment by homeowner” The Cantor Fitzgerald exec accused of exploiting pandemic-related protections to avoid eviction from a $5 million Hamptons mansion claims he and his wife have been harassed and humiliated in a bid to force them out — including through the use of “defamatory memes” sent to his bosses. In court…