The Real Deal New York

Posts Tagged ‘tishman speyer’

  • Hudson Spire site goes into contract

    April 10, 2014 12:20PM
    Rendering of Hudson Spire and Hudson Yards

    Rendering of Hudson Spire and Hudson Yards

    Tishman Speyer appears to have snapped up the $200 million Hudson Spire site near the Related Companies’ Hudson Yards. [more]

  • 30 Rockefeller Plaza

    30 Rockefeller Plaza

    Dallas-based corporate law firm Haynes and Boone are now the single largest tenant at Tishman Speyer’s 30 Rockefeller Plaza after signing a lease for an additional 38,193 square feet of office space in the building.

    With the additional room, Haynes and Boone takes up 112,793 square feet of the Midtown building on floors 24 through 26. Tishman Speyer was represented in-house in the deal, while Ken Rapp, David Kleinhandler and Andrew Sussman of CBRE represented the firm. [more]

  • From left: TV Guide and 50 Rockefeller Plaza

    From left: TV Guide and 50 Rockefeller Plaza

    Bank of America is leasing its 14th-floor space at 50 Rockefeller Plaza to TV Guide.

    TV Guide has agreed to a seven-year deal, paying rent in the mid-$40s per square foot, for the full 18,284-square-foot spread, according to CompStak data cited by the New York Observer. The spot is one of two in the building alotted for the bank, which is landlord Tishman Speyer property’s largest tenant. [more]

  • Monday Properties president exiting

    January 29, 2014 10:30AM

    From left: Brian Robin and Tim Helmig

    Brian Robin, president and chief operating officer of Midtown-based Monday Properties, is leaving his post at the end of the month.

    Robin had been in charge of the firm’s property management, leasing, marketing, development and corporate operations. Timothy Helmig, who currently serves as executive vice president and chief development officer, will rise to the COO role and replace Robin.  [more]

  • Larry Silverstein and Downtown Shenzen

    Larry Silverstein and Downtown Shenzhen

    Silverstein Properties, behind the original World Trade Center sites and 3 WTC and 4 WTC, has invested $2.21 billion into a China free trade zone that would allow the country to build a mecca for financial services — rivaling that of Hong Kong, he said. [more]

  • Michael Kors and 335 Madison Avenue

    Michael Kors and 335 Madison Avenue

    Designer brand Michael Kors has inked a 40,553-square-foot short-term lease at Milstein Properties’ 335 Madison Avenue, The Real Deal has learned. [more]

  • Rob Speyer (Credit: Marc Becker)

    Rob Speyer (Credit: Marc Becker)

    As Chinese developers are going all-in on New York, the city’s biggest players are also making big bets on China. Tishman Speyer is investing in a large mixed-use project in Shanghai known as the Springs and has already nabbed Nike as its anchor office tenant.

    Tishman Speyer, which is New York City’s largest family-run landlord, will soon invest in Beijing as well, and is looking to expand its presence into Chengdu, Suzhou and other Chinese cities. [more]

  • From left: 1301 Avenue of the Americas and 200 Park Avenue

    From left: 1301 Avenue of the Americas and 200 Park Avenue

    Banking giant Barclays is looking to downsize its office presence in New York City, and is looking for tenants to sublease roughly 500,000 square feet in two Midtown towers. The bank – which laid off about 275 employees earlier this year – is marketing about 400,000 square feet at Paramount Group’s 1301 Avenue of the Americas, and in excess of 100,000 square feet at Tishman Speyer’s MetLife Building, at 200 Park Avenue. [more]

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  • Ranking NYC’s real estate dynasties

    October 02, 2013 10:30AM
    From left:

    From left: Jerry Speyer, Rob Speyer, Bill Rudin, Peter Malkin and Anthony Malkin

    From the October issue: Seymour Durst and his brothers built six Manhattan buildings in a 12-year run. Paul and Seymour Milstein built 10 in about the same amount of time. And Lew and Jack Rudin built 11 in two decades. [more]

  • The October issue is live!

    October 01, 2013 01:22PM
    The Real Deal October 2013

    The Real Deal October 2013

    Who owns New York City?  In the real estate industry, it’s a question that has far more than existential value. This month, The Real Deal looked at the city’s top 10 real estate families – household names such as Speyer, Rudin and Durst – and broke them down by how much property they own and how much money they make off them, in our September cover story “NYC’s real estate dynasties”, now available online. [more]

  • From left: Jerry Speyer and Peter Malkin

    From left: Jerry Speyer and Peter Malkin

    Power in real estate typically gets handed down from the father to the son. But in some high-profile cases, it’s the sons-in-law who assume the throne.

    At the mighty landlord Tishman Speyer, for example, Jerry Speyer joined the company in the 1960s as a vice-president, working for his father-in-law Bob Tishman. But it was apparent from the day he joined that he was the heir apparent, the Wall Street Journal reported. Similarly, Peter Malkin was the right-hand man of his father-in-law Lawrence Wien for several years before he assumed control of the company whose holdings include the Empire State Building, after Wien’s death in 1988. [more]

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  • Jerry Speyer and the Rainbow Room

    Jerry Speyer and the Rainbow Room

    Tishman Speyer will reopen the iconic Rainbow Room at 30 Rockefeller Plaza in the fall of next year, the developer said. [more]

  • Attorney Alexander Schmidt (inset) and 317 Avenue C

    Attorney Alexander Schmidt (inset) and 317 Avenue C

    Thousands of tenants of Stuyvesant Town-Peter Cooper Village won’t see any of the $68.8 million they won in a rent class action lawsuit until early next year because of the lengthy calculations for the final payouts, their lawyers told The Real Deal. [more]

  • 30-rock-speyer

    30 Rock and Jerry Speyer

    Global corporate law firm Baker Botts is holding on tight to its 104,000 square feet at Tishman Speyer’s 30 Rockefeller Center, the New York Post reported.

    The firm’s 10-year lease will continue to cover the 43rd, 44th and 45th floors. Rents for the space started at $80 per square foot. The firm paid $140 per square foot in 2008 for an expansion into part of a floor, the Post said, citing CompStak. [more]

  • Jerry Speyer and the Rainbow Room

    Jerry Speyer and the Rainbow Room at 30 Rock

    The legendary Rainbow Room at Tishman Speyer’s 30 Rock is stirring once again, getting ready to come out of a four-year hibernation.

    Tishman Speyer is looking to reopen the landmarked Art Deco venue by the end of next year’s first quarter and is soliciting bids from  restaurant suppliers, reported the New York Post, citing sources who declined to be identified because of confidentiality agreements. ”Third parties” — not Tishman Speyer — approached the suppliers, the sources told the newspaper. [more]

  • durst-holliday

    From left: Douglas Durst and SL Green’s Marc Holliday

    Two of New York City’s largest real estate developers have funneled hundreds of thousands of dollars to City Council campaigns through a loophole in the state election law, Crain’s reported.

    SL Green and the Durst Organization donated about $425,000 each to a political action committee known as Jobs for New York, which backs City Council candidates with positions favorable to the real estate industry. [more]

  • Daniel Biederman

    Daniel Biederman

    Major Midtown property owners are less than enthusiastic about a business improvement district along Sixth Avenue, contending it would be superfluous along an area often referred to as “corporate row,” Crain’s reported.

    The Durst Organization, Tishman Speyer and others have lodged complaints about the plan, casting doubt on the BID being advanced by Daniel Biederman. [more]

  • Larry Silverstein and Downtown Shenzen

    Larry Silverstein and Downtown Shenzhen, China

    Silverstein Properties’ chairman Larry Silverstein is looking to expand his real estate investments in China and will also enter the Israeli market, Bloomberg News reported. [more]

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  • From left: Tenant Amy Roberts and Stuy Town

    A New York state judge today approved a $68.8 million settlement in the Stuyvesant Town-Peter Cooper Village tenant class action, in which residents alleged that the complex’s owners had improperly deregulated rent-stabilized units, according to Wolf Haldenstein Adler Freeman & Herz LLP, co-lead counsel for the plaintiffs. [more]

  • Scott Galin and the Chrysler Building

    Lewis Baach, a Washington D.C.-based law firm, has signed a four-year lease at the Chrysler Building, Crain’s reported. The firm will take 3,867 square feet on the 32nd floor.

    Rents in the 83-year-old Art Deco landmark, owned by Tishman Speyer, are in the $60s per square foot. Lewis Baach, which also has offices in London and Buenos Aires, was looking for an “elite Midtown address” for its New York City expansion, said Scott Galin, a principal at Handler Real Estate Organization who represented Lewis Baach, in a release. [more]