The Real Deal New York

Category: Midtown East

  • From left: Councilman Daniel Garodnick, Midtown East and President of the New York Building Congress, Richard Anderson

    From left: Daniel Garodnick, Midtown East, the New York Building Congress’ Richard Anderson

    Since being seen as a candidate to succeed Christine Quinn as City Council speaker, City Council member Dan Garodnick has become the target of a coalition of building trades and developers bent on seeing Mayor Bloomberg’s goal of rezoning Midtown East realized. [more]

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  • From left: Robert Steel and 87 East 42nd Street

    From left: Robert Steel and 87 East 42nd Street

    The Bloomberg administration took another stab at sweetening the deal for its Midtown East rezoning plan with details on a new plan for a public plaza. [more]

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  • 4 East 46th Street and David Schectman (inset)

    4 East 46th Street and David Schectman (inset)

    A small Midtown office building just off Fifth Avenue has sold for $16.4 million – or just north of $1,000 per square foot — to a Korean investor making his debut in the New York City market.

    The 16,115-square-foot building at 4 East 46th Street comes with 30,000 square feet of air rights, making it a viable prospect as a boutique hotel. The building could also receive additional air rights if the Midtown East rezoning proposal is approved. [more]

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  • rezone

    Midtown East and Brad Hoylman

    Mayor Michael Bloomberg’s rezoning plan is inching closer to the goal line, but community opponents of the 73-block project have not given up trying to stop the proposal.

    State Senators Brad Hoylman and Liz Krueger, Congresswoman Carolyn Maloney and seven Manhattan community boards counted inadequate transit and too-cheap air rights among a list of 10 problems with the plan. The community boards’ chief concern is that the plan does not provide adequate environmental protections. [more]

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  •  

    630 Third Avenue

    630 Third Avenue

    Kraft & Kennedy, a business and technology consulting firm, has signed a 15-year lease for 10,224 square feet at ATCO Properties’ 630 Third Avenue, between East 40th and East 41st streets.

    ATCO, which owns and manages the 23-story building, is expanding the space for the firm. The 14th floor, where Kraft & Kennedy will arrive by December, has windows on all sides and a 4,000-square-foot wraparound terrace. [more]

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  • Mayor Michael Bloomberg (inset), Midtown East

    Mayor Michael Bloomberg (inset), Midtown East

    Mayor Michael Bloomberg once again laid out his argument for rezoning Midtown East in his weekly radio address. [more]

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  • Lever House

    Lever House

    Owners of the modernist icon Lever House on Park Avenue stand to make $75 million if they sell the building’s air rights under the revised Midtown East rezoning proposal, the New York Times reported.

    The Bloomberg administration has proposed changes to the measure that would allow landmarks such as the 21-story Lever House, owned by the Korein family, and St. Patrick’s Cathedral to transfer their unused air rights to a slew of development sites that had been outside the range first specified in the proposal. [more]

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  • From left: Manhattan Beep Scott Stringer and Midtown East

    From left: Manhattan Beep Scott Stringer and Midtown East

    A day after the city pledged to provide upfront funding for transit improvements as part of the Midtown East rezoning plan, Manhattan Borough President Scott Stringer announced he will support the proposal, Crain’s reported. [more]

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  • Mayor Michael Bloomberg (inset), Midtown East

    Mayor Michael Bloomberg (inset), Midtown East

    Mayor Michael Bloomberg, in a New York Daily News column, said the city will advance funding for some mass transit and open space improvements in the proposed Midtown East rezoning district, bowing to pressure from critics of the plan. [more]

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