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Posts Tagged ‘Rudin Management’

  • New residences for Wall Street?

    December 12, 2012 04:00PM

    From left: William Rudin and 110 Wall Street

    Wall Street could be getting a new residential property. Rudin Management is considering all its options for the badly storm-damaged 110 Wall Street, including a conversion to residences or a hotel, Crain’s reported. The company canceled its office tenants’ leases after Hurricane Sandy, citing the damage to the building.

    “We didn’t want to keep our tenants in limbo, so we gave them notice we are terminating the leases,” Rudin CEO William Rudin told Crain’s. “This is the second time the building was flooded and we need to figure out a way to make this a sustainable property and that doesn’t happen overnight. It’s very complicated.” [more]

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  • 1299 Second Avenue

    Rudin Management has retained Winick Realty to market an Upper East Side corner storefront space that is coming on the market for the first time in more than a decade, The Real Deal has learned.

    Rudin has rarely granted leasing exclusives, preferring instead to keep business in-house. The deal to market 1299 Second Avenue represents the second time in two weeks that a New York City landlord not generally in the business of engaging third parties to lease its properties has retained Winick. The 13,000-square-foot property includes first and second floor space available in April, a representative for Winick said. The space is below Rudin’s 215 East 68th Street, a 608-unit rental building. [more]

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  • From left: Jeffrey Stockwell and Alan Shaker of Stribling and One Thirty West 12

    The buyers waiting to purchase at ‘One Thirty West 12,’ Rudin Management’s sold-out West Village condominium conversion, may now have a chance to live at the coveted building – provided they can come up with additional funds.

    At least two homeowners who bought sponsor units at the 12-story building, between Sixth and Seventh avenues, are selling those units just weeks after closing on the sales. [more]

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  • Rendering of planned campus on Roosevelt Island

    CornellNYC Tech — a collaboration between Cornell University and Technion-Israel Institute of Technology —  sent out a request for expressions of interest to an unspecified number of developers for three different projects on its Roosevelt Island campus, Crain’s reported. The developments include a conference center/hotel, a residence for faculty, staff and students and a technology industry-related commercial property. [more]

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  • From left: City Council Speaker Christine Quinn, Bill Rudin and St. Vincent's Hospital

    The New York City Council voted to approve the Uniform Land Use Review Procedure actions required to move forward on Rudin Management’s residential development at the site of the former St. Vincent’s hospital in the West Village, according to a statement today from Rudin. [more]

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  • From left: St. Vincent's Hospital and Bill Rudin, managing partner at Rudin Management

    As predicted, Rudin Management has made a number of concessions in its bid to build luxury apartments on the former St. Vincent’s hospital site, including a reduction of the number of units planned, from 450 to 350, DNAinfo reported. The City Council’s land use committee hashed out the agreement with Rudin today, according to a statement from the City Council, DNAinfo said. [more]

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  • Fudin Management Managing Partner William Rudin and the proposed St. Vincent's development

    Opponents and supporters of the proposed luxury condominium development on the former site of St. Vincent’s Hospital by Rudin Management flooded a City Council room at 250 Broadway at 9:30 this morning. They were there to have their say in what was the final public hearing the City Council will hold before deciding the fate of the rezoning of the St. Vincent’s East Campus for the project. [more]

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  • City Council Speaker Quinn

    Rudin Management will likely agree to last minute concessions in order to push through its bid to build 450 luxury condominiums on the former St. Vincent’s Hospital site in the West Village, Crain’s reported, but affordable housing will not be included in the deal.

    Sources told Crain’s that City Council Speaker Christine Quinn will “extract a few last extras from Rudin worth millions of dollars,” including a compromise of some sort regarding a public park on the site. Rudin is also expected to provide funding for local public schools. [more]

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  • St. Vincent's hospital

    The City Planning Commission approved a luxury condominium development on the former site of St. Vincent’s Hospital, WNYC reported.

    Developer Rudin Management requested the green light to build 450 condominiums and 11,000 square feet of retail space at the St. Vincent’s site at Seventh Avenue and Greenwich Avenue in Greenwich Village. The local community board and several groups opposed the project, saying it would be out of character with the neighborhood. [more]

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  • Clockwise from top left: Rudin Management CEO Bill Rudin, One Battery Park Plaza and Rose Associates Chairman Daniel Rose

    The Rudin family has bought out the Rose family’s 50 percent stake in One Battery Park Plaza for $80 million and taken complete control of the downtown office tower, the New York Post reported.

    The transaction illustrates the diverging directions of the two families and their firms, Rose Associates and Rudin Management. While Rudin has worked to solidify its stake in the office market downtown, where the firm owns about 3 million square feet, Rose Associates has focused on residential properties. [more]

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