Vornado Realty Trust is putting the full-block office tower at 1740 Broadway up for sale. [more]
Posts Tagged ‘midtown offices’
Veracen Partners, RTW Investments & LifeSci Capital and Coltrane Asset Management have each signed leases for 11,263 square feet, 7,196 square feet and 4,806 square feet, respectively, at the nearly one million square-foot office property at Eighth Avenue. All three companies will occupy a portion of the 16th floor of the 38-story office tower. [more]
Worldwide Plaza’s Board tapped a subsidiary of Halstead Property today to manage several hundred units in the large office tower and a dozen townhouses on the Midtown block.
Halstead Management Company will handle 654 units at 350 West 50th Street and 393 West 49th Street, as well as adjoining townhouses, according to a press release. [more]
From the February issue: The recent sale of a hulking, three-block-long office building straddling the border of Soho and the Meatpacking District may provide relief to tenants priced out of the famously tight Midtown South leasing market. That’s because the buyers — a partnership of Fortress Investment Group, Atlas Capital Group and Westbrook Partners who purchased the property from long-time investor Eugene Grant — could get more aggressive about wooing new tenants in with competitive leasing prices. [more]
Office tenants in Midtown leased more space in November than in any month since the middle of 2006 as new office leasing rang in at double the monthly average, a new report covering all firms’ deals released today by commercial firm CB Richard Ellis shows.
“The month’s robust leasing activity — the largest single-month total since June 2006 — was achieved by deals of all sizes across the entire market,” the Midtown report says.
Tenants struck relocation or expansion deals for more than 2.4 million square feet in Midtown, compared with 1.2 million square feet the month before. TRD … [more]