The Real Deal New York

Posts Tagged ‘landis group’

  • From left: Harry Friedman and

    Harry Friedman and 400 West 42nd Street

    The Friedman Group and Landis Group’s planned pod hotel at 400 West 42nd Street will rise 25 stories, squelching earlier rumors that the building might stretch as high as 40 stories.

    The project will total 170,122 square feet, according to Department of Buildings records cited by BuzzBuzzHome. Retail will occupy the first and second stories, with a “residential sky lobby” with outdoor space and 527 pod-style hotel rooms above. [more]

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  • From left: 400 West 42nd Street rendering (Credit: NYIF) and the site pre-demolition

    From left: 400 West 42nd Street rendering (Credit: NYIF) and the site pre-demolition

    Now that the three buildings at 400 West 42nd Street is gone, the Friedman Group and Landis Group have released a rendering of the pod-style hotel they plan to put up.  [more]

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  • 400 West 42nd Street

    A pair of developers is moving forward with plans to build a 510-room pod-style hotel project in Times Square, filing plans to demolish three low-rise buildings near the corner of West 42nd Street and Ninth Avenue to make way for a 28-story tower. Developers the Friedman Group and Landis Group are partnering to build the 220,000-square-foot project at 400 West 42nd Street on parcels they acquired for about $80 million before the market collapsed, Robert Friedman, a principal with the Friedman Group, told The Real Deal. [more]

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  • Boston Properties said it agreed to sell Carnegie Center, a 2 million-square-foot office park in Princeton, N.J., to a joint venture between Normandy Real Estate Partners and the Landis Group for $468 million.

    In January, Doug Linde, president of Boston Properties, said the company might sell most or all of the 16-building complex, as part of a group of suburban properties that it was thinking about selling.

    “I talked to Carnegie Center and we’re recapitalizing to sell a significant portion or a full on the entire Carnegie Center asset base depending on what that pricing looks like,” Linde told analysts in the January call, according to a transcript from SeekingAlpha.com. “We’d like to try and retain management and development because we still control the land for another seven-plus years and that will kind of play out.”
    [more]

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