I have long been a proponent of using bankruptcy laws to workout distressed real estate. Bankruptcy courts are much faster than New York State courts are at ordering properties sold and the statutory system is more effective in resolving all open claims. Bankruptcy filings get a bad
Manhattan, NY According to Torch & Crown Brewing Co. and Union Square Partnership (USP), Torch & Crown Beer Garden has returned for the 2024 season. Last year, the seasonal beer garden debuted in the popular Union Square Park Pavilion, marking the
Manhattan, NY According to
The Durst Organization and The Port Authority of New York and New Jersey, Venerable, an insurance and annuity company, has signed a lease for 11,000 s/f on the 49
th floor of One World Trade Center.
Manhattan, NY Rudin completed a 5,521 s/f lease with educational specialist Lindamood-Bell at 355 Lexington Ave. in Midtown’s Grand Central district. Lauren Schott and Gary Kamenetsky of CBRE represented Lindamood-Bell.
New Rochelle, NY Simone Development Companies made known that Dello Russo Laser Vision has signed a lease for 3,000 s/f of retail space at 71 Nardozzi Pl. Dello Russo Laser Vision joins LA Fitness, My Salon Suite and PXG (Parsons Xtreme Golf) in the complex
Manhattan, NY WX New York Women Executives in Real Estate (WX) will honor its 2024 Woman of the Year, Peggy DaSilva, on October 10, at The Plaza. DaSilva has distinguished herself as a leading figure in the U.S. real estate sector, through her asset management
Starting in 2011, New York City Department of Environmental Protection began passing laws banning the use of No. 4 and No. 6 heating oil in New York City (NYC), phasing out the use altogether by 2030. As a result, building owners and managers find themselves having to decide how to keep
Manhattan, NY According to Milstein Properties, five lease signings closed at 22 Vanderbilt totaling more than 460,000 s/f. The five leases bring the building to 91% occupancy. The leases include:
Manhattan, NY Acclaimed chef and restaurateur, Michael Mina is opening Bourbon Steak New York, a reimagined modern take on the American steakhouse, inside the JW Marriott Essex House New York. Designed by award-winning global interior design
Manhattan, NY Alan Stenson, senior director of Manhattan based Brax Realty is pleased to announce the sale of 27 East 37th Street in Murray Hill for $6,100,000. Stenson exclusively represented the
