Gregg Lorberbaum, Samantha Fishbone and 440 Ninth Avenue

Residential property manager Century Management Services has inked a deal for 11,373 square feet at 440 Ninth Avenue at West 35th Street, the New York Observer reported. The lease is for part of the 412,000-square-foot building’s 15th floor, where asking rents tick in at $45 per square foot. [more]

One World Trade Center

The three buildings at the World Trade Center site have massive vacancies, and with over 5 million square feet of space in the complex on or due to hit the market, landlords are racing to secure tenants at the $14 billion development, Crain’s reported. [more]

A rendering of Hudson Yards

Time Warner is leaning towards moving its million-square-foot headquarters to the Hudson Yards megaproject on Manhattan’s far West Side, the Wall Street Journal reported.  [more]

Cushman & Wakefield’s Bruce Mosler and Brookfield’s Jeremiah Larkin at the Manhattan West construction site

From the May issue: Only a few times in modern Manhattan history has an entirely new office district sprung up all at once. In the 1930s, there was Rockefeller Center; the 1970s saw the World Trade Center complex; and today, developers are planning nearly 15 million square feet of new office space in the Hudson Yards area in the 30s on the Far West Side.

The new projects expected to rise over the next decade include the Related Companies’ North and South towers at Hudson Yards, Extell Development’s One Hudson Yards, Brookfield Office Properties’ Manhattan West and Moinian’s 3 Hudson Boulevard. [more]

511-515 West 36th Street

Lalezarian Properties has paid $21.25 million for a commercial loft building in the Hudson Yards Special District, with plans to erect a residential rental development on the site, the New York Observer reported.

The Lake Success, N.Y.-based company intends to raze the existing six-story, 37,929-square-foot structure at 511-515 West 36th Street and build on that lot, as well as adjacent parcels it already owns at 519 and 525 West 36th Street. [more]

Jeffrey Lenobel From the April issue: Jeffrey Lenobel, chair of the real estate group at the law firm Schulte Roth & Zabel LLP, is at work on one of the largest developments underway in Manhattan — the $15 billion Hudson Yards project, where he represents the joint venture of Oxford Properties Group and the Related Companies. And this month is going to be a busy one for Lenobel…. [more]

Construction at Hudson Yards (Image c/o Related Companies)

Hudson Yards was expected to earn $283 million in revenue by the end of 2012 but actually earned only $170 million, leaving the city in a bind over its infrastructure investments in the megaproject, according to a New York City Independent Budget Office report seen by the Wall Street Journal.  [more]

From the April issue: It’s been quite a roller coaster ride for New York City’s real estate industry since The Real Deal launched a decade ago. Between the boom, the bust and the recovery, there have been many highs and lows for the industry — from record deals like Google’s purchase of its headquarters for $1.8 billion to the now-notorious default on the loan at Stuyvesant Town and Peter Cooper Village. [more]

Stephen Ross, L’Oreal’s Frederic Roze and Hudson Yards

Related Companies and Oxford Properties Group have signed on beauty giant L’Oreal and enterprise software bigwig SAP as anchor tenants for the South Tower at the Hudson Yards megaproject, the developers announced today. The deals will result in L’Oreal and SAP joining anchor tenant Coach in the building, which is now over 80 percent leased.  [more]

A rendering of the Culture Shed at Hudson Yards

City officials are trying to stir up interest in the Culture Shed, a massive exhibition and event space in Related Cos. Hudson Yards development, the Wall Street Journal reported.  [more]