The Real Deal New York

Posts Tagged ‘Financial District’

  • 95-maiden

    59 Maiden Street and 66 John Street

    A Manhattan Supreme Court judge ruled against a Lower Manhattan condo board, which was seeking to stop the New York City Probation Department from relocating its adult facilities to a residential area at 66 John Street.

    The board at Fifty Nine John Lofts, located at 59 Maiden Lane, filed a much-publicized lawsuit in December along with Pace University and Century 21 Stores to fight the relocation. The plaintiffs alleged that the move would put residents of the condo and local college students at risk and harm the retailer from attracting pedestrian customers. [more]

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  • 65 Broadway

    65 Broadway

    Normandy Real Estate Partners is in negotiations to purchase American Express Co.’s former address at 65 Broadway in the Financial District. [more]

  • Larry Silverstein and a rendering of 3 World Trade Center

    Larry Silverstein and a rendering of 3 WTC

    A booming commercial real estate scene Downtown is both the popular argument for and against Larry Silverstein’s quest for a $1.2 billion loan guarantee from the Port Authority.

    Proponents say the cash infusion, which Silverstein would use to build 3 World Trade Center, would restore the last corner of space destroyed in the Sept. 11 attacks and stick the final jewel in the crown of the area’s recent rebirth. The 2.5 million square foot building would quickly be filled with tenants, they argue. [more]

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  • From left: Lightstone Group cheif executive David Lichtenstein and rendering of 112-118 Fulton Street

    David Lichtenstein and 112-118 Fulton Street

    The Lightstone Group is one step closer to erecting its lean 59-story mixed-use tower in the Financial District.

    Demolition of the low-rise apartment buildings at 112-118 Fulton Street is reportedly imminent now that construction fencing and signs are up. Lightstone originally sought to tear down 120 Fulton Street too, but the state denied the developer’s initial bid. [more]

  • From left: Platinum Properties' Daniel Hedaya, 40 Broad Street and a Birkenstock sandal

    From left: Platinum Properties’ Daniel Hedaya, 40 Broad Street and a Birkenstock sandal

    Alex Birkenstock, heir to the eponymous sandal company fortune, is listing his Setai penthouse for more than double what he paid three years ago. [more]

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  • 17-35 Park Row

    17-35 Park Row

    Amid a bustling residential market in the Financial District, a property near City Hall was put on the market recently that could sell for more than $50 million. That works out to $700 per buildable square foot.

    The 4,850-square-foot site at 17-35 Park Row, bound by Theatre Alley and Beekman Street, is currently owned by real estate group Sharonarn Associates, also known as Park Row South Realty, according to public records. It wasn’t clear how much the site last sold for. [more]

  • From left: Former parking garage at 111 Washington Street, current lot and Bob Knakal

    From left: Former parking garage at 111 Washington Street, the site now and Bob Knakal

    A pair of developers who picked up a distressed lot in the Financial District a few years back for a cool $57.5 million is now asking five times that amount for the property. [more]

  • From left: Donald Lucas, Michael Mecanti and 30 Broad Street

    From left: Donald Lucas, Michael Mecanti and 30 Broad Street

    One of the country’s top patent law firms is ditching its Midtown South office digs for a 14,880-square-foot space in the New York Stock Exchange building.

    Lucas & Mercanti inked a lease for the 21st floor of 30 Broad Street for 10 years. [more]

  • dennys

    Renderings of Denny’s at 150 Nassau Street in Financial District

    The developers of a proposed Denny’s in the Financial District received unanimous backing from Community Board 1 for a liquor license — despite mounting opposition from residents. [more]

  • Courtesy Platinum Properties

    Courtesy Platinum Properties

    Despite the damage wrought by Hurricane Sandy in 2012, the Financial District is staging a comeback — at least as a destination for residential rentals, according to a year-end report on the neighborhood by local brokerage Platinum Properties. [more]

  • 75-broad

    From 75 Broad Street, De Cecco pasta and Ken Beilin

    JEMB Realty’s 75 Broad Street in the Financial District has signed pasta company De Cecco for 10 years on the fourth floor. [more]

  • Zara to launch FiDi outpost

    January 27, 2014 03:55PM
    Rendering of the newly revamped Fulton Transit Center and Zara's 666 Fifth Avenue outpost

    Rendering of the newly revamped Fulton Transit Center and Zara’s 666 Fifth Avenue outpost

    Spanish fashion chain Zara has inked a deal for a tri-level space on the corner across from a newly revamped Fulton Transit Center. [more]

  • fortis

    151-161 Maiden Lane and Jonathan Landau

    Not long after acquiring a site along Maiden Lane in Lower Manhattan, Fortis Property Group revealed its new residential tower project will be 52 stories tall and hold 95 units, according to the firm’s chief executive Jonathan Landau. [more]

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  • Lower Manhattan

    Lower Manhattan

    A substance abuse treatment center’s move to the Financial District has residents concerned about the implications for the community.

    Exponents, an outpatient facility that treats drug and alcohol abusers as well as ex-convicts looking to rehabilitate and those suffering from HIV and AIDS, is relocating from 150 West 26th Street in Chelsea to 2 Washington Street. At a meeting last night, Exponents founder Howard Josepher told Community Board 1’s Financial District committee that escalating rents at the current location had prompted the decision. [more]

  • From left: Andrew Shue and Amy Robach

    Andrew Shue and Amy Robach

    ABC News correspondent Amy Robach and her husband, Melrose Place star Andrew Shue, are relocating from Soho to a new apartment in the Financial District.

    The couple is taking a triplex penthouse in at 100 John Street, developed by the Moinian Group. The five-bedroom property is more than 3,100 square feet and had an asking rent of $16,800, according to the listing. It also features a private elevator. [more]

  • Rentals-in-demandThe Upper East Side was again the most in-demand Manhattan neighborhood of the last week, according to Zumper, an apartment listings website. Other popular neighborhoods, in order, were the West Village, the Financial District, Chelsea and Soho.

    The prior week, Chelsea tied with the common frontrunner Upper East Side, but has since slipped. The Financial District made its first appearance in the top five. Renters were most often looking for one-bedroom apartments, which crushed the competition with 60 percent of total inquiries, the Zumper data show. The median rent query for one-bedrooms overall was $2,520 per month. [more]

  • Manhattan's Financial District

    Manhattan’s Financial District

    The Financial District, a soggy post-Sandy mess just over a year ago, now hums with activity, from multi-million dollar developments to rising apartment rents. [more]

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  • From left: Bedbug and One State Street Plaza

    From left: Bedbug and One State Street Plaza

    Employees at the state Department of Financial Services say they have some unwanted company in their Financial District office building: bedbugs. [more]

  • From left: Billy Macklowe and 156 William Street

    From left: Billy Macklowe and 156 William Street

    Real estate investor Billy Macklowe will buy 156 William Street, a Financial District office building, from private equity firm Capstone Equities for $62.5 million. [more]

  • 15 Park Row

    15 Park Row

    One of the first structures to be called a skyscraper, the century-old 15 Park Row is opening up to the residential market with a $20 million penthouse apartment on the top floor. [more]