Tribeach seeking 120K sf of Cort Theatre air rights for new Riu hotel
Tribeach Holdings, in partnership with Riu Hotels & Resorts, is seeking to buy 119,000 square feet in air rights...
Theater District
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Curtain falls on de Blasio’s theater district air-rights plan
The de Blasio administration scrapped a plan to make theater owners hand over a bigger slice of the profits...
City wants a bigger cut of air rights sales in Theater District
The city’s efforts to impose new rules over air rights in the Theater District has caused a larger debate to...
City Planning votes to raise cost of Theater District air rights
Could this be the final act for cheap air rights in the Theater District? The City Planning Commission voted...
NYC theatre recommended for National Registers of Historic Places
Somewhat surprisingly, NYC doesn’t have too many buildings on the State and National Registers of Historic Places. However, the...
Theater owners and developers lock horns with city over air rights
A backstage drama is brewing between the city, developers and theater owners.
City looks to rewrite script on Theater District air rights
All the world’s a stage, and all the buyers and sellers merely players. The Department of City Planning is...
Hakimian Organization plans 246-key hotel on long-held Times Sq. site
The Hakimian Organization is getting ready to add the last puzzle piece it needs to build a Times Square-area...
El-Gamal and partners buying air rights for Dream Hotel
Sharif El-Gamal, MHP Real Estate Services and Hampshire Hotels Management, the developers of the Dream Hotel near Time Square,...
Shubert invested air rights proceeds in suburban KFCs
The Shubert Organization, one of the biggest landlords on Broadway, has used the proceeds from the sale of the...
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