Northeast
Dennis Basso Store to Open in Empire Outlets NYC
Dennis Basso will open his first outlet store in Staten Island’s first and only outlet development.
Four Seasons Hotel New York Downtown to Open this Summer
The 185-key hotel will open at 30 Park Place and include the city’s first Chef Wolfgang Puck restaurant.
Sovran, LifeStorage to Merge in $1.3B Deal
The transaction will allow Sovran Self Storage to expand its nationwide portfolio by an additional 6.5 million square feet.
Vornado, SL Green JV Completes Refi of 280 Park Ave.
The joint venture partners have completed the $900 million refinancing of the Midtown Manhattan office tower.
Skyscraper Developer David Durst Dies at 90
The Durst Organization’s second generation ends with the death of Joseph Durst’s youngest son.
Premium Retail Property in NoHo Lands New Owner
The 6,700-square-foot retail property was occupied by the renowned Patricia Field boutique.
Historic High-Class Hotel Is Ready for Its Guests after $180M Renovation
The InterContinental New York Barclay Hotel went through a complete modernization process for almost two years and is now ready to meet guests with luxurious amenities and 704 redesigned guestrooms.
Morningstar Makes its Way Downtown to 4 World Trade Center
The company is expanding its Manhattan presence by signing a long-term lease at 150 Greenwich St.
Franklin Street Plans for the Future
The Wakefield, Mass.-based company is undergoing some major leadership changes.
Top 10 NYC Commercial Property Sales Recorded in April 2016
While no multi-billion dollar commercial property deals were recorded in April 2016, the data shows NYC real estate going strong. Savvy investors and developers are continuing to buy, and find substantial financing. Most notable this month was the almost exclusive domination by office properties, with lots of action in FiDi and Midtown. 1. 850 3rd Avenue, Manhattan Sale Price: $463,000,000 Buyer: 850 Third Avenue Holding LLC Seller: Sri Nine 850 LLC A collaboration between MHP Real Estate Services and HNA acquired this notable 21-story, wedding cake shaped office building. Tenants reportedly include Chase Bank, NYPD, and FDNY. 2….
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