The Real Deal New York

Jonathan Tisch (Photo by
STUDIO SCRIVO)

From the May issue: Jonathan Tisch is the co-chairman of the board of Loews Corporation, a publicly traded company started by his grandparents in the 1940s that’s now worth in excess of $50 billion. The company has interests in off-shore drilling, insurance and commercial real estate with a major focus on hospitality. His family also owns 50 percent of the New York Giants. Tisch — the son of late business mogul Robert Tisch — is also chairman of Loews Hotels, a Loews subsidiary which owns and operates 19 hotels in the United States and Canada, including the Loews Regency Hotel at 540 Park Avenue. [more]

650 Madison Avenue

Major New York players such as Vornado Realty Trust, Ashkenazy Acquisition Corp. and Crown Acquisitions have moved to nab Carlyle Group’s 650 Madison Avenue office tower, with some bids coming in at north of $1.3 billion, the Wall Street Journal reported. [more]

1359 Broadway and Anthony Malkin

Tax and accounting firm FLSV Fund Administration Services is quadrupling its space at Malkin Holdings’ 1359 Broadway, Crain’s reported.

The 10,300-square-foot lease deal will see FLSV occupy 14,300 square feet on the 10th and 12th floors of the 22-story Midtown building, located between West 36th and West 37th streets. Asking rent for the space was in the $40s per square foot, and the leases for FLSV’s space expire in 2020. [more]

Flushing Meadows-Corona Park

Both Mayor Michael Bloomberg and Major League Soccer have taken a step back from plans to bring a soccer stadium to Queens’ Flushing Meadows Corona Park, Capital New York reported.

“”I think that’s a wonderful place for it, but it’s not the only place,” Bloomberg said during a press conference at the Museum of the Moving Image. “And I’m sure they’re going to continue to look and listen, and I just want to make sure that we do get a venue.” [more]

From left: A rendering of the World Trade Center retail space and a Firehouse Subs store in Stockbridge, GA

A 19-year-old Florida sandwich chain is on a national expansion drive and plans to open 60 stores in New York City over the next 10 years, potentially including one at the under-construction retail mall at the World Trade Center. [more]

5Pointz in Long Island City

Walmart still space-shopping in NYC. Waypoint becomes fifth single-family rental landlord to file in the last year with IPO plans. Community board to address controversial condo plans at Long Island City’s 5Pointz. A day in the life of: MDLNY’s Ryan Serhant. Dinosaur BBQ set to open Gowanus branch. Read these stories and more after the jump.

Top stories yesterday on The Real Deal:
1. Shvo resurfaces as High Line developer 
2. ICSC guests work hard, play harder: PHOTOS 
3. Construction to start on hotel conversion of Jarmulowsky Bank 

From left: Chase Welles of SCG Retail, Chris Pine of General Growth Properties

Watch this space for live updates from the 2013 International Council of Shopping Centers’ RECon event in Las Vegas, on now through Wednesday. [more]

Jeffrey Kaplan of Meadow Partners and 42-15 Crescent Street

Meadow Partners, an investment fund based in Midtown, has nabbed a $30 million senior loan for the conversion and recapitalization of 42-15 Crescent Street in Long Island City, GlobeSt reported. The nine-story property — formerly an office and retail building — will turn into a 124-unit, 10-story multi-family development with retail. [more]

Damrosch Park

UPDATED, 6:50 p.m., May 21: Area residents have sued Lincoln Center and the city in an effort to halt the transfer of Damrosch Park, a nearby green space, to the venerable performing arts venue for commercial use, according to a release from the watchdog group NYC Park Advocates. The suit, in part, aims to restore the municipally owned park on West 62nd Street for public use. [more]