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“Lever House in NYC to see new life with $100M redevelopment” A $100 million redevelopment is bringing new life — and post-pandemic attention to employees’ needs and concerns — to the iconic 1950s landmark Lever House on Park Avenue between East 53rd and East 54th streets. The project’s centerpiece is an indoor-outdoor, tenants-only hospitality suite on…
“NYC’s Chelsea Hotel — haunt of Warhol and Madonna — reopens” The storied Hotel Chelsea is back after a harrowing, eleven-year hiatus — and it’s for real, this time, after repeated failures to live up to reopening predictions. After years of widely-reported intrigue and uncertainty, the fabled former haunt of Andy Warhol, Jack Kerouac and scores…
“East Midtown is NYC’s most in-demand market as Grand Central proximity beckons” East Midtown is once again Manhattan’s most in-demand office market. Deals are still being done in the Hudson Yards area, Times Square, Midtown South and at the World Trade Center, but brokers say the momentum has shifted to the East 40s and 50s,…
“Todd English to open huge eatery in downtown NYC” Celebrity chef Todd English will soon bring new life to a heavily trafficked but long-dark FiDi corner, Realty Check has learned. A huge eatery under the English banner has signed a lease for 20,000 square feet on two levels at 15 Park Row across from City…
“#60 Wall to exit the ’80s dated FiDi tower set for makeover” Hello to a more public-friendly 60 Wall St. — and farewell to one of the least-loved public spaces of the boom-and-bust 1980s. One of the Reagan Decade’s defining office skyscrapers is about to undergo a more than $250 million upgrade for the post-pandemic…
“#Harborside in NJ is coming out of the pandemic with a $100M upgrade” Harborside, Mack-Cali’s once-nondescript commercial campus on Jersey City’s Hudson River waterfront, is readying for the post-pandemic era with major infrastructure upgrades and striking new lifestyle amenities for health- and wellness-conscious office tenants. The six-building complex is home to 4.3 million square feet…
“#Schrödinger moving to 1540 Broadway in Times Square” In a welcome boost for the Midtown office market, pharmaceutical software developer Schrödinger Inc. has signed a lease for nearly 109,000 square feet at Edge Fund Advisors’ 1540 Broadway, where it will move from Tower 45 at 120 W. 45th St. The previously unreported deal, smack in…
“#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…
“#3 Times Square set to undergo $25 million revamp” Three Times Square, one of the office-tower quartet that brought commercial rebirth to the Crossroads of the World, opened 20 years ago sporting a handsome design by Fox & Fowle. Now the 30-story tower’s principal owner, the Rudin family, has tapped the same architects, today known…
“#Hotels, investment transform stretch of Broadway” Meet Manhattan’s new commercial-boom corridor: Broadway from East 26th Street to West 34th. The increasingly vibrant stretch spans four micro-markets typically regarded as distinct: Nomad, Koreatown, Greeley Square and Herald Square. But there’s growing continuity thanks to new development and investment. Even as the pandemic remains a force, glamorous…