Vornado Realty Trust is increasing its focus on its $2 billion investment in the redeveloped Penn Station-area office towers by bringing in new dining options, including a 150-seat outpost of the Bromberg brothers’ Blue Ribbon empire at Penn 1. This move marks Vornado’s most significant culinary endeavor at its Penn campus, which has seen tremendous …
Experience the awe-inspiring journey of the new church-and-office building on Billionaires’ Row, a true gift from heaven. After overcoming challenging setbacks, the “boutique” tower at 125 W. 57th St. is now soaring towards its 440-foot, 26-story height. This remarkable project, brought to life by Ken Horn’s and Brian Ray’s Alchemy-ABR Investment Partners in partnership with …
If the future of work-from-home is inevitable, no one mentioned it to Ralph Lauren Polo. The fashion giant recently extended its lease for 250,000 square feet of offices at RXR’s Starrett-Lehigh Building on a long-term basis. This space accounts for over ten percent of the entire 2.3 million square-foot building. Although RXR managing director Bill …
Apple Bank is leaving its outdated location at 250 W. 23rd St. for a modern space at 278 Eighth Ave., a new 14-story rental apartment building developed by the Jemal family’s JJ Operating Inc. and Alchemy-ABR Investment Partners. The new branch, spanning 2,800 square feet, will have high visibility in the Chelsea neighborhood, where Apple …
Recreating this content while optimizing it for SEO, enhancing its creativity and uniqueness, improving syntax and tone, increasing perplexity and burstiness, and retaining the HTML tags: The Domino Sugar Plant: From Molasses to Fitness Prepare to witness a transformation like no other. The historic Domino Sugar plant, once filled with the sights and sounds of …
According to a recent CBRE survey, midtown and downtown areas are experiencing a revitalization thanks to an influx of new restaurant leases. The study highlights the noticeable increase in activity during the summer months and suggests that the signing of over 100 eatery leases is a positive sign for the future of these districts. This …
The retail leasing scene, excluding restaurants, is a complex one that defies easy generalizations, making it difficult to analyze. Brokers and analysts often find themselves frustrated with retail data from brokerages and the Real Estate Board of New York due to these challenges. While we acknowledge the effort that goes into their research, the problem …
There is a greater number of employees working in New York City offices than commonly believed. According to a survey released by the Partnership for New York City, 58% of Manhattan office workers are present on an average weekday, an increase from 52% in late January 2023 and 49% in September 2022. These figures differ …
The historic six-story building located at 555 W. 25th St. in the thriving Chelsea gallery district has recently secured three new tenants, optimizing its presence in the real estate market and igniting excitement within the art community. In a deal that has garnered much attention, world-renowned art icon Larry Gagosian has expanded his Manhattan presence …
Citadel’s pursuit of an additional 400,000 square feet of Manhattan space at 280 Park Avenue has encountered a temporary setback. In June, Crain’s reported that Ken Griffin’s hedge fund was in negotiations with landlords SL Green and Vornado for the expansion space. The 1.27 million square-foot tower is nearly fully leased, but a few large …