The Real Deal New York

Midtown neighborhood news

  • anton-scandalios

    From left: Eric Anton and Andrew Scandalios

    Long-time property broker Eric Anton, who was most recently with the New York office of capital markets firm Brookfield Financial, is starting today with the local office of the national brokerage HFF, Anton told The Real Deal.

    Anton, 45, is joining HFF as a senior managing director after three years at Brookfield. Anton spent most of his brokerage career at one of New York City’s largest local brokerage firms, Eastern Consolidated, where he started in 1998. [more]

  • 31 West 34th Street

    31 West 34th Street

    Shared office space provider Jay Suites is adding another full floor to its 31 West 34th Street location, Juda Srour, president of the firm, told The Real Deal.

    Jay Suites currently has about 28,000 square feet on the seventh floor of the 300,000-square-foot, 11-story building, located between Fifth and Sixth avenues. This deal will give it another 28,000 square feet on the entire eighth floor. The company will pay rents in the low-$50s per square foot, in line with what it is paying for the seventh floor. [more]

  • Aerial view of the 138 East 50th Street site (Source: Google Maps)

    Aerial view of the 138 East 50th Street site (Source: Google Maps)

    The plans for Ceruzzi Properties’ 138 East 50th Street were revealed today, as permits listing SLCE as the architect of record surfaced in city records.

    The new tower will be a hotel totaling 220,638 square feet, according to permits uncovered by New York YIMBY. The property will include 7,036 square feet of retail, while the hotel in the 52-story skyscraper above will house 764 rooms. In total, the property will stand 502 feet tall. [more]

  • From left: 30 Rockefeller Center topped by the current GE sign and the new Comcast/NBC logo

    From left: 30 Rockefeller Center topped by the current GE sign and the new Comcast/NBC logo

    The Landmarks Preservation Commission approved new signage for 30 Rock yesterday, in a move that will bring down the giant General Electric sign at the tower’s apex. [more]


  • From the June issue: The redevelopment of the Hudson Yards site by the Related Companies into a massive hodgepodge of 17 million square feet of new commercial, residential, retail and open space is well underway. So is Manhattan West, a sweeping mixed-use complex from Brookfield Office Properties facing Ninth Avenue. [more]

  • SL Green's leasing director Steve Durels and 16 East 34th Street (Credit: CoStar Group)

    SL Green’s leasing director Steve Durels and 16 East 34th Street (Credit: CoStar Group)

    Cushman & Wakefield is taking over leasing efforts from SL Green Realty at 16 East 34th Street, The Real Deal has learned. The 22-story, 336,500-square-foot office building is located between Madison and Fifth Avenues, and is home to Cornell University’s school of industrial relations.

    Cushman’s Joshua Goldman is transitioning into the new assignment on behalf of the landlord, Wohio Holding, according to multiple sources familiar with the deal. [more]

  • midtown-manhattan-1

    From the June issue: With record-high rents and extra-tight inventory, fewer Manhattan property owners are dangling incentives to lure renters and brokers to their buildings. But the practice persists in certain neighborhoods — predominantly Midtown — where competition to fill rental units is fierce. [more]

  • Jay Neveloff and 570 Seventh Avenue

    Jay Neveloff and 570 Seventh Avenue

    A joint venture between the Carlyle Group and Capstone Equities, which paid $83 million for a Times Square office building at 570 Seventh Avenue last year, is considering creating a condo offering specifically for the property’s lucrative signage, The Real Deal has learned.

    The 21-story, 170,000-square-foot Class B building is located at West 41st Street, one block south of Times Square. The area plays host to more than 350,000 pedestrians daily, and brands are willing to pay landlords millions of dollars in annual rent to advertise on their buildings. [more]

  • From left: Thomas Bow, Peter Braus, Richard Hodos, Peter Ripka, Rob Nager and Bradley Kaufman

    From left: Thomas Bow, Peter Braus, Richard Hodos, Peter Ripka, Rob Nager and Bradley Kaufman

    The CBRE broker who turned a board member sweet on his idea for a Fifth Avenue flagship store, and the Ripco agent who helped a New York icon find its way back home were recognized by REBNY for putting together the best retail deals of 2013. [more]

  • From left: 225 Park Avenue South, 4 World Trade Center and Douglas Durst

    From left: 225 Park Avenue South, 4 World Trade Center and Douglas Durst

    From the June issue: An array of Midtown’s large office buildings are working to backfill mega-blocks of space slated to be left vacant when tenants with hundreds of thousands of square feet move out. And they’re doing so on the precipice of a supply boom the Manhattan market has not seen in a quarter of a century. [more]

  • One57 condo goes for $19M

    June 09, 2014 10:27AM
    Rendering of 157 West 57th Street

    Renderings of 157 West 57th Street (Photos by Evan Joseph)

    A couple currently residing at Columbus Circle shelled out $19 million last month to snag a condo a few blocks away at One57, city records show. [more]

  • From left: TD Bank and renderings of the proposed 1 Vanderbilt

    From left: TD Bank and renderings of the proposed 1 Vanderbilt

    Toronto-based TD Bank is reportedly mulling a move to SL Green’s planned 65-story tower at 42nd Street, close to Grand Central Terminal. [more]

  • From left: Mayor Bill de Blasio, Midtown East and Alicia Glen

    From left: Mayor Bill de Blasio, Midtown East and Alicia Glen

    The de Blasio administration is gearing up to relaunch the debate over a rezoning of Midtown East next month. [more]

  • From left: 1400 Broadway and 112 West 34th Street

    From left: 1400 Broadway and 112 West 34th Street

    Anthony Malkin’s Empire State Realty Trust has purchased the ground and operating leases for two Midtown properties. [more]

  • From top left: Neil Goldmacher, Mark Weiss and 345 Park Avenue

    From top left: Neil Goldmacher, Mark Weiss and 345 Park Avenue

    The Blackstone Group is sticking with its 345 Park Avenue space, having renewed its lease and picked up an additional 38,846 square feet.

    The deal adds the 27th floor to Blackstone’s spread, an expansion that brings the investment and advisory firm’s space to a total of 489,495 square feet in Rudin Management’s building. The deal extends the firm’s lease to 2027. [more]

  • Extell sells One57 pad for $30.6M

    May 12, 2014 01:39PM
    Gary Barnett and One 57

    Gary Barnett and One 57

    Another day, another bumper sale at Gary Barnett’s One57. Barnett’s firm, Extell Development, pocketed $30.6 million for a sponsor unit on the 58th floor of the glassy tower, according to property records filed with the city on Monday.

    The 4,483-square-foot pad has four bedrooms and 4.5 bathrooms, according to Extell’s condominium offering plan. The unit was most recently listed at $32.4 million, or about $7,227 per square foot. [more]

  • [caption id="attachment_375910" align="aligncenter" width="570"]301 East 50th Street (Credit: COOKFOX Architects) 301 East 50th Street (Credit: VUW Studio)[/caption]

    CBSK Ironstate is launching sales today at 301 East 50th Street, a 29-story limestone condominium building in Midtown East, representatives for the developer told The Real Deal. See the full story and slideshow after the jump.

  • Judge tosses Plaza’s Citi Bike suit

    April 30, 2014 02:25PM
    From left: 768 Fifth Avenue and a Citi Bike

    From left: 768 Fifth Avenue and a Citi Bike

    The Citi Bike rack in front of Manhattan’s tony Plaza Hotel isn’t going anywhere. [more]

  • A rendering of 7 Bryant Park and Mary Ann Tighe

    A rendering of 7 Bryant Park and Mary Ann Tighe

    Law firm Reed Smith, which was in advanced discussions to take 30 percent of Hines’ under-construction office tower at 7 Bryant Park, is no longer in the running for the space, The Real Deal has learned. Hines is shopping for a new anchor tenant to occupy the 160,000-square-foot space at the base of the tower, a source familiar with the developer said. [more]

  • Spa Castle to open Manhattan location

    April 25, 2014 08:00AM
    From left: 131-10 11th Avenue in College Point and 117 East 57th Street in Midtown East

    From left: 131-10 11th Avenue in College Point and 115 East 57th Street in Midtown East

    Spa Castle, an Asian sauna and European spa fusion located on a 100,000-square-foot spread in Castle Point, Queens, is gearing up to open a second New York location in Midtown East. [more]

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