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Gerald Hines, developer who changed Houston’s skyline, dies at 95
Gerald Hines, who transformed Houston’s skyline and built the Lipstick Building in Manhattan, died at his Connecticut home Sunday....
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Lipstick Building ground rent reset leads to appraisal dispute
Even in the best of times, market-value rent resets on ground leases have been notorious for causing disputes between...
Ceruzzi’s $272M loan on Lipstick Building ground lease goes to special servicing
The coronavirus-fueled economic fallout has pushed countless hotel and retail property loans into special servicing. But one of the...
Ceruzzi Properties looks to sell ground under the Lipstick Building
One of the ripple effects of the economic crisis in Argentina — Latin America’s third-largest economy — is that...
Ceruzzi refinances land under
Lipstick Building
With interest rates on the rise, Ceruzzi Holdings and its partners refinanced the land underneath Third Avenue’s Lipstick Building...
Lipstick Building
How Gerald Hines built an $89B real estate empire
Developer Gerald Hines’ namesake firm Hines controls some $89 billion worth of real estate on five continents. But the 91-year-old...
Ceruzzi, SMI pay SL Green $453M for land under Lipstick Building
UPDATED, 12:51 a.m., Oct. 21: SL Green Realty is in contract to sell two more major properties, part of its...
Land underneath Lipstick Building for sale
SL Green Realty is selling the land beneath the Lipstick Building in Midtown, the New York Post reported. The commercial landlord has tapped the Carlton Group’s Howard Michaels to handle the marketing. The land...
Hines Interests to revive condo plans for Tribeca’s 56 Leonard
From left: Hines Interests Chairman Gerald Hines, renderings of 56 Leonard Street, 1045 Sixth Avenue and the MoMA Tower...
Gramercy may lose 195 properties to lenders
A portfolio of 195 properties is falling out of Gramercy Capital’s grasp after the real estate investment trust failed to pay off $790 million in loans, the company announced today. According to Bloomberg News,...