Rosen faces foreclosure suit at hotel site 06/19/09 The lenders for the Midtown development where Aby Rosen's RFR Holding
was slated to build Shangri-La Hotel, New York, have filed to foreclose
on $144.2 million in loans and fe...
Extell's Gary Barnett sues former borrower 06/19/09 Gary Barnett sues real estate heir who is partial owner of 734 BroadwayExtell Development president Gary Barnett accuses an heir to a modest
Noho and Brooklyn real estate portf...
LIC club sues city to keep its topless rights 06/17/09 A large strip club at the base of the Queensboro Bridge in Queens
Plaza is fighting the city's efforts to force it out of its valuable
location in Long Island City, a decade a...
Extell files plans for largest Riverside S. tower 06/16/09 Extell Development filed plans this month to construct a 530-unit
residential tower at 40 Riverside Boulevard, the greatest number of
units in the long-running West Side devel...
REBNY proposal boosts 421-a certificate value 06/15/09 Extell's Gary Barnett (left) and broker Robert Shapiro are in favor of REBNY's 421-a proposal.
The city is mulling over a proposal from the Real Estate Board of New
York tha...
Showtime said to consider 200 Fifth Avenue 06/12/09
The cable channel Showtime Networks is eyeing a move from its current
home in a Theater District skyscraper to a rehabilitated century-year-old building at 200 Fifth Avenue...
Extell unloads Diamond District building 06/11/09 Gary Barnett's (right) Extell Development has purchased 30 West 47th Street.
Extell Development sold a 10-story building at 30 West 47th Street for nearly $8 million less tha...
Cuomo to sue L.I. loan modification biz 06/09/09 New York Attorney General Andrew Cuomo announced he would sue
Uniondale, L.I.-based loan modification company American Modification
Agency and 14 similar companies with busine...
Downtown office market holding up better 06/08/09 From the June issue: The Downtown office market, a hot topic at a major summit held last
month on the World Trade Center site, has held up better than the other
two Manhattan ...
May brings leasing velocity uptick 06/05/09 The amount of office space leased in Midtown crept up in May, but
remained less than half what it was in the same month last year,
according to a report released today from fu...
$53M Soho office building loan delinquent 06/05/09 After the mortgage payment on the $53 million loan on the 12-story
office building 625 Broadway in Soho was late, the securitized note was
transferred to a special servicer, a...
Give up best space for sublease, broker advises 06/04/09 REBNY meetingTenants who want to sublease their unused office space need to offer
the best portions of their locations, not secondary or worn-out
corners, if they expect to se...
Jewish service agency pays $45M for UWS garage 06/03/09 A Jewish mental health and social service agency based in Midtown
bought a parking garage at 210 West 77th Street between Amsterdam
Avenue and Broadway for $45 million, or abo...
NJ opportunity fund buys AIG building 06/02/09 American International Group sold a New Jersey Class A office tower it
acquired in a foreclosure proceeding to a new opportunistic partnership
based in Paramus. KABR Real Esta...
Apthorp financial advisor DTZ Rockwood files for Ch. 11 06/02/09
Midtown-based real estate investment banking firm DTZ Rockwood, which provided advisory services for the purchase of the troubled Apthorp apartment building, filed for Chapter...
Jones Lang LaSalle to manage former Macklowe building 06/01/09 Full-service commercial real estate firm Jones Lang LaSalle was tapped
to take over the management and leasing of the former Macklowe
Properties Midtown building 1330 Avenue o...
