The Real Deal New York

Posts Tagged ‘sl green’

  • The New York Stock Exchange and Marc Holliday and Steven Roth (inset)

    The New York Stock Exchange in the Financial District (inset, from left: Marc Holliday and Steven Roth)

    UPDATED, 1:00 p.m., Aug. 25: From commercial brokerages to real estate investment trusts, it was hard to find a publicly-traded real estate firm that didn’t take a beating on one of the most volatile days in the stock market’s history. [more]

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  • Major REITs “got killed” in Q2

    July 30, 2015 09:45AM
    From left: Marc Holliday, Owen Thomas and Steven Roth

    From left: Marc Holliday, Owen Thomas and Steven Roth

    After a successful first quarter that saw positive shareholder returns and price performance virtually across the board, major New York-focused real estate investment trusts gave it all back in the second quarter – and then some. [more]

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  • Tower 45 NYC

    From left: 120 West 45th Street in Midtown, Marc Holliday (credit: Steve Friedman) and Richard Baxter

    Hot on the heels of a $2.6 billion deal to acquire 11 Madison Avenue, SL Green Realty is looking to sell Tower 45, a Midtown office building at 120 West 45th Street, The Real Deal has learned. The real estate investment trust hopes to fetch north of $350 million for the 40-story tower, sources said. [more]

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  • From left: Marc Holliday, a rendering of One Vanderbilt (credit: Kohn Pedersen Fox) and Dan Garodnick

    From left: Marc Holliday, a rendering of One Vanderbilt (credit: Kohn Pedersen Fox) and Dan Garodnick

    SL Green Realty’s proposed 63-story tower at One Vanderbilt and a rezoning of the Vanderbilt corridor are one step closer to approval after the City Council zoning subcommittee voted unanimously in their favor Tuesday. [more]

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  • Clockwise from left: 711 Third Avenue, Kirill Azovtsev and Scott Panzer

    Clockwise from left: 711 Third Avenue, Kirill Azovtsev and Scott Panzer

    Niche Media, the publisher of regional lifestyle magazines such as Gotham, Boston Common and Los Angeles Confidential, signed a 20,000-square-foot lease at SL Green’s 711 Third Avenue, The Real Deal has learned.

    The publisher inked a five-year lease for the entire fifth floor. Asking rents in the mid-century building are $55 per square foot. The property is located between Grand Central Station and the United Nations in Midtown East, and is home to other media tenants including Parade Publications. [more]

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  • kaplan

    From left: 750 Third Avenue, 395 Hudson Street and Scott Panzer

    Kaplan, the Florida-based test-prep giant, inked a deal to sublease office space at SL Green Realty’s Midtown East tower at 750 Third Avenue.  [more]

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  • From left: Harry Macklowe, 985-989 Third Avenue and renderings for the development site

    From left: Harry Macklowe, 985-989 Third Avenue and renderings for the development site

    Macklowe Properties has filed demolition plans for the Upper East Side development site it snapped up for $100 million in August.

    The plans call for demolishing three buildings 985-989 Third Avenue, including a three-story and two four-story structures, according to filings submitted Thursday to the city’s Department of Buildings. [more]

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  • vanderbilt

    Renderings of One Vanderbilt in Midtown (Credit: Kohn Pedersen Fox)

    SL Green has decided to extend the height of its 1.6 million-square-foot office tower project One Vanderbilt  — to 1,514 feet from 1,450 feet. [more]

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  • From left: SL Green's Marc Holliday, 50 West 47th Street and Gary Barnett

    From left: SL Green’s Marc Holliday, 50 West 47th Street and Extell’s Gary Barnett

    Real estate investment trust SL Green Realty has acquired the upper floors of Extell Development’s International Gem Tower. Those floors have failed to attract tenants since hitting the market. [more]

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  • Rendering of SL Green's planned Grand Central overhaul

    Rendering of SL Green’s planned Grand Central overhaul

    Grand Central is slated to undergo a $210 million transformation that will yield four new staircases to the subway platforms, two new street entrances, a revamped mezzanine and a brand new 4,000-square-foot waiting area as part of developer SL Green’s deal with the de Blasio administration. [more]

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  • 2 West 47th Street and Extell's Gary Barnett

    2 West 47th Street and Extell’s Gary Barnett

    A published report claims that Extell Development Company plans to open a hotel on West 47th Street. [more]

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  • From left: SL Green's Marc Holliday, 50 West 47th Street and Gary Barnett

    From left: SL Green’s Marc Holliday, 50 West 47th Street and Gary Barnett

    SL Green is reportedly in talks to pick up the top 13 stories of Extell Development’s International Gem Tower. [more]

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  • Sutton-Massey2

    From left: Jeff Sutton, Paul Massey, Marc Holliday and 760 Madison Avenue

    SL Green Realty paid $282.4 million for the land under a package of retail and residential buildings that it owns in partnership with Jeff Sutton and Stonehenge Partners, where luxury brand Armani is a tenant. [more]

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  • From left: 180 Broadway, 2 Herald Square and 985-987 Third Avenue

    From left: 180 Broadway, 2 Herald Square and 985-987 Third Avenue

    SL Green Realty announced the sales of three Manhattan properties in separate transactions that will generate $240 million in net cash proceeds for the real estate investment trust. [more]

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  • From left: Andrew Penson, Grand Central and 1 Vanderbilt rendering

    From left: Andrew Penson, Grand Central and 1 Vanderbilt rendering

    Lawyers for Grand Central Terminal’s landlord have threatened to sue the city for $1 billion over an air-rights dispute related to the construction of SL Green’s One Vanderbilt. [more]

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  • SL Green sues AIG for $20M

    July 11, 2014 06:25PM
    Benmosche-180-Holliday

    From left: Robert Benmosche, 180 Maiden Lane (Photo credit: CoStar Group) and Marc Holliday

    The city’s largest office landlord, SL Green Realty, filed a $20 million lawsuit yesterday claiming the global financial firm American International Group did not leave its office space at 180 Maiden Lane in good condition. SL Green, a real estate investment trust headed by CEO Marc Holliday, filed the suit in New York State Supreme Court against AIG’s unit AIG Employee Services. [more]

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  • From left: Gale Brewer, Midtown East and Daniel Garodnick

    From left: Gale Brewer, Midtown East and Daniel Garodnick

    On Wednesday politicians gave the city’s developers a better idea about who will devise recommendations meant to pave the way for the rezoning of Midtown East. [more]

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  • Renderings of 1 Vanderbilt

    Renderings of 1 Vanderbilt

    Design plans for SL Green’s 67-story glass tower across from Grand Central went before Community Board 5’s landmarks committee last week, where the proposed transparent façade set back at an angle on 42nd Street met with mixed reviews. [more]

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  • From left: Stephen Green and 845 United Nations Plaza

    Stephen Green and 845 United Nations Plaza

    Residents of Trump World Tower are looking to oust SL Green head Stephen Green, who sued the condominium following a slip and fall last October.

    The real estate honcho tumbled on wet marble outside the gym at 845 United Nations Plaza. He blamed the fall on a cleaning lady failing to put up a caution sign after mopping, according to court papers cited by the New York Post. As a result, Green was “both physically and mentally” injured, according to his suit filed in Manhattan civil court. [more]

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  • From left: Marc Holliday, 600 Lexington Avenue, Mimi Hockman and Kyle Williams

    From left: Marc Holliday, 600 Lexington Avenue, Mimi Hockman, Kyle Williams

    Another law firm has scooped up office space at SL Green’s 600 Lexington Avenue. [more]

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