Office tower 11 Times Square still 60 percent empty, Mark Hotel gets recapitalization … and more

New York /
Feb.February 08, 2012 08:00 AM

1. Building that epitomizes speculative office building, 11 Times Square, is 60 percent empty a year after opening [WSJ]
2. The Mark hotel’s redevelopment as co-ops gets an influx of cash, is ready to proceed with sales [Post, 2nd item]
3. Community Board 5 rejects Steak n’ Shake’s request for variance which would allow outdoor seating at new Midtown location [DNAinfo]
4. Red Lobster heading to Harlem [Post, 1st item]
5. Consumer outlook for U.S. home prices improved in January: Fannie Mae [WSJ]
6. Longchamp to take over Movado space at Rockefeller Center [Post, 3rd item]
7. Pyramid Co. moves ahead with plan to expand Carousel Center Mall in Syracuse, after nasty fight with Citigroup [WSJ]
8. Investment group CQS expands at Carnegie Hall Tower, inking lease at $115 per square foot [Post, last item]
9. Grass-fed burger joint Burgersmith opens at Smith and Baltic streets in Brooklyn [Brooklyn Paper]
10. Delancey Street gets improved pedestrian safety plan one month after 12-year old is killed DNAinfo]
11. Construction for new plaza at the Met could begin as early as fall [NYT]


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