The Real Deal New York

Posts Tagged ‘edison properties’

  • 1120 Sixth Avenue

    1120 Sixth Avenue in Midtown

    Online job search engine Indeed is moving to Edison Properties’ Hippodrome Building in Midtown, where it is taking around 125,000 square feet of office space, the company announced Monday.

    The move to the Hippodrome, located at 1120 Sixth Avenue between West 43rd and West 44th streets, more than doubles Indeed’s current 55,000-square-foot space at 125 West 55th Street, also in Midtown. The company’s lease on the new space, which comprises five floors in the 21-story building, will start in January. [more]

  • 543 West 43rd Street

    543 West 43rd Street in Hell’s Kitchen (inset: Jerry Gottesman)

    It turns out that Jerry Gottesman’s Edison Properties made more than one buy in Hell’s Kitchen last month, acquiring a seven-story storage facility in the neighborhood for $61.5 million. [more]

  • 620 12th Avenue NYC

    620 12th Avenue in Hell’s Kitchen (inset: Jerry Gottesman)

    Jerry Gottesman’s Edison Properties is continuing its Manhattan buying spree with the acquisition of a four-story commercial building in Hell’s Kitchen for $55 million. [more]

  • Gary Barnett

    Gary Barnett (credit: STUDIO SCRIVO) and three Ring portfolio office buildings

    After ground-leasing five of its Ring portfolio office buildings to the Kaufman Organization, Gary Barnett’s Extell Development has closed on the sale of those buildings to HLP Properties in a deal worth over $250 million, sources told The Real Deal. [more]

  • 45-47 West 27th Street

    Jerry Gottesman and 45-47 West 27th Street in NoMad

    Jerry Gottesman isn’t cashing out on his Manhattan portfolio yet. To the contrary, the octogenarian chair of Edison Properties just closed on the $43.1 million purchase of one of the office buildings in Gary Barnett’s Ring portfolio. [more]

  • From left: Edison Properties' Jerry Gottesman and  241 West 28th Street in Chelsea, which he used to own

    From left: Edison Properties’ Jerry Gottesman and 241 West 28th Street in Chelsea, which he used to own

    Jerry Gottesman has played the ultimate long game. And it might be time to cash in on it. [more]

  • David Weinreb and the Howard Hughes Corp. development site (photo credit Max Dworkin)

    David Weinreb (credit Max Dworkin) and the Howard Hughes Corp. development site

    The Howard Hughes Corp. has struck a deal with Edison Properties that allows the former to build a large mixed-use building straddling the border of the South Street Seaport Historic District, according to sources familiar with the transaction.  [more]

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  • From left: horse carriage in Central Park, Mayor Bill de Blasio and Stephen Nislick

    From left: horse carriage in Central Park, Mayor Bill de Blasio and Stephen Nislick

    UPDATED, 12:48 a.m., Dec. 15: One-time Edison Properties boss Stephen Nislick — who is also an animal activist and supporter of Mayor Bill de Blasio’s horse carriage ban — is pushing his real estate agenda with the administration. [more]

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  • 241 West 28th Street, Chelsea

    241 West 28th Street in Chelsea

    Edison Properties, which recently agreed to sell one of its huge Chelsea development sites to Ziel Feldman, is now developing another site in the neighborhood.  Edison just filed permits to build a 15-story residential development at 241 West 28th Street, according to Department of Building records filed today.

  • From left: Ziel Feldman, 518 West 18th Street and Darcy Stacom

    Updated 5:34, Nov. 26: Ziel Feldman’s HFZ Capital Group is in contract to buy one of the most sought-after development sites in West Chelsea, The Real Deal has learned. Feldman is buying the parcel for more than $800 million, making it one of the priciest-ever development deals in the city. [more]

  • Edison properties parking lot between 17th and 18th streets from 10th Avenue

    Edison Properties parking lot between 17th and 18th streets from 10th Avenue

    A portion of a West Side parking lot could soon be home to one of the largest development projects along the High Line. [more]

  • Anthony Borelli

    Anthony Borelli

    Anthony Borelli, vice president of planning and development at Edison Properties, may be on track to secure an appointment to the Board of Standards and Appeals.

    The de Blasio administration is zeroing in on Borelli to lead the board of the land-use body, which grants exemptions from zoning code for individual properties and years appeals of denials from the Department of Buildings and other city agencies. Borelli formerly served as planning and land use director for the borough of Manhattan under Scott Stringer, now city comptroller. He was district manager of Manhattan’s Community Board 4. [more]

  • An aerial view of the High Line site and Edison Properties chairman Jerry Gottesman

    An aerial view of the High Line site and Edison Properties chairman Jerry Gottesman

    Edison Properties is paving the way for a development project near the High Line by replacing thousands of pounds of contaminated soil at the site.

    The full-block site, located between West 17th and 18th streets from 10th to 11th avenues, was once home to a gas processing plant which released industrial byproducts into the soil below. HLP Properties, a division of Edison, began work last week to replace the soil, and hopes to build a mixed-use structure at the site, according to HLP executive Anthony Borelli. [more]

  • Hudson Square from above

    Edison Properties will build a residential development and a public park on a site that is currently a parking lot in Hudson Square if a zoning proposal goes through, DNAinfo reported.

    The lot Edison owns, between Dominick and Spring streets and Varick and Hudson streets, could become Dominick Street Park and a 230-unit residential tower at 270 Spring Street. The tower would have ground-floor retail and 46 of the units would be affordable housing. [more]

  • The logo of the Juliet Supperclub

    The Juliet Supperclub, a West Chelsea haunt known for its celebrity clientele and the two murders that occurred there in recent months, opted to withdraw a lawsuit today that was seeking to thwart eviction proceedings, according to court documents obtained by The Real Deal.

    Since November, the club owner has been fighting with its landlord, an entity of the Newark, N.J.-based Edison Properties, over whether the venue is a supperclub or a nightclub. [more]

  • From left: Juliet Supperclub founder Jon Bakhshi, who sold the club before the recent crimes, the interior of Juliet and musician Rihanna

    A New York state judge could decide as early as Thursday whether the Juliet Supperclub, a West Chelsea hotspot popular with celebrities, must close its doors. Its landlord is trying to evict the club after two murders were committed on the premises in recent months.

    A man was stabbed to death outside the club, at 539 West 21st Street between 10th and 11th avenues, in September, although a Juliet spokesperson said at the time that the victim was not a patron. In late November, a gunman opened fire inside the venue, killing one man and wounding at least two others, according to news reports. [more]

  • FIT awaits $52M savior for new building

    August 29, 2011 06:02PM
    Renderings of the FIT building on 28th Street between Seventh and Eighth avenues (source: SHoP Architects)

    Budget cuts this summer have left a sleek glass tower proposed for the Fashion Institute of Technology’s Chelsea campus in limbo, and now the school is hoping the project will be saved by a private donor.

    According to the Architect’s Newspaper, the state awarded the State University of New York school located between Seventh and Eighth avenues at 27th and 28th streets, half of the $148 million needed to complete the SHoP Architects-designed project in 2003. (SHoP is also the firm behind the Barclays Center in Atlantic Yards.) The rest, it said, would need to come from local funding within 10 years. In 2006, the city contributed $2 million to the project, prompting the state to match it, so the architects could finalize the design. … [more]

  • Members of a Chelsea community board have unanimously voted in favor of a plan to re-zone the blocks surrounding the Fashion Institute of Technology at Seventh Avenue and West 27th Street, according to DNAinfo, despite concerns that new zoning conditions might mark an end for existing commercial and office spaces in the area.

    The new designation, to span West 28th, 29th and 30th streets between Seventh and Eighth avenues, would loosen regulations for new residential units. Developers would be allowed to turn any building smaller than 50,000 square feet into residential space. … [more]

  • Edison Properties has made it known why it was leading the city’s drive to land a new zoning designation for the old Fur District just south of Penn Station. The developer plans to build a 407-unit residential tower at 249 West 28th Street, according to the Observer. As The Real Deal previously reported, City Planning Commissioner Amanda Burden wants to create a new designation and apply it to the area to encourage growth and development around the neighborhood’s Class B and C office space. [more]

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