Lombardy shareholders seek $150M+ for Plaza District hotel co-op
A Gilded Age hotel once owned by William Randolph Hearst may get a fresh look in the new Roaring...
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Pearlmark refis Tower 56 with $125M Blackstone loan
Pearlmark Real Estate Partners landed a $125 million loan from the Blackstone Group to refinance its boutique Tower 56...
WeWork is taking 7 floors at Jack Resnick’s 880 Third Avenue
WeWork is taking seven floors at 880 Third Avenue in the Plaza District. The co-working firm signed a 15-year...
25 Plaza District towers ask $100-plus psf in rent: report
The city’s 25 most expensive office towers all average asking rents of more than $100 per square foot, and...
GEMS school looks to lease entire office portion of Plaza District property
GEMS Education, the world’s largest operator of K-12 schools, is in talks to net-lease the entire office component of...
Former top exec at hedgie SAC takes office in Plaza District
An upstart hedge fund lead by a former top executive at the scandal-plagued SAC Capital Advisors has signed a...
Plaza District office towers lure tenants with luxe amenities
Boutique commercial towers in the tony Plaza District are reportedly attracting a slew of small financial outfits, despite high office...
Aussie developer raising $500M for Park Avenue Tower buy
Australian development titan Grocon is on the prowl for $500 million to finance its acquisition of a 95 percent...
Hedge fund jumps ship to Boston Properties’ 510 Madison Ave.
Fledgling hedge fund Prosiris Capital Management has signed an 11,500-square-foot lease at Boston Properties’ 510 Madison Avenue and will...
Two Plaza District leases break boom-time price records
Two Recent Plaza District office leases have broken new price records, marking the most expensive office leases since the...