Sedesco seeks rezoning for new Billionaires’ Row skyscraper
Apparently 400,000 square feet on Billionaires’ Row isn’t quite enough space for one builder’s ambitious vision. Turkish developer Sedesco...
midtown manhattan
The Latest
Extell sells One57 sponsor unit for $17M
UPDATED, April 15, 2021, 6:50 p.m.: Extell Development has sold a sponsor unit at One57 for $16.8 million. But the buyer’s identity is unclear. Records show that Colgate University professor Caroline Keating is the...
Believe it or not: Ripley’s, Modell’s, Liberty Theater abandon 42nd Street home
Just a year ago, the retail and entertainment complex at 234 West 42nd Street was a bustling part of...
Blackstone expands Manhattan HQ
As office workers continue to shun Manhattan, a leading asset manager is expanding its presence there. Blackstone Group has signed a deal to expand its Midtown office at 345 Park Avenue by an additional...
Delshah Capital buys Midtown commercial condo at former TGI Friday’s
Two of the four mid-market sales in New York City last week involved properties that had been leased by...
Sonic to open first location in Manhattan
UPDATED March 10, 2020, 1:10 pm: Sonic, founded in 1953 in Oklahoma as Sonic Drive-In, will try to make it in New York. The fast-food chain is opening its first location in Manhattan at...
National
Vornado looks to dump Trump
Vornado Realty Trust is seeking to end its partnership with the Trump Organization at two of the former president’s most valuable assets. Vornado executives have had discussions about buying out the Trump Organization’s 30...
Extell sells West 57th Street office to CBS
UPDATED, Feb. 17, 2021, 1:00 p.m.: Two mid-market deals were recorded last week for a total of nearly $57.7 million in transaction volume: one in Manhattan, and one in Brooklyn, both involving familiar players....
Renovation of stately co-op pits gum surgeon against board
A periodontist at a landmarked Midtown co-op is fighting a window renovation that he argues would close his dental...
7 Manhattan hotels head to auction block
Seven Manhattan hotels are hitting the auction block. The portfolio, owned by a joint venture between Hersha Hospitality Trust and Chinese investment firm Cindat Capital Management, is scheduled to be auctioned on Jan. 21...