Round 2: City Landlords Kick and Scream Back Following Allegations of Broker...
Some city landlords are kicking and screaming back after an article published in The Commercial Observer yesterday morning cited sources who allege that a new wave of city landlords are leapfrogging...
View ArticleSL Green’s First Quarter Office Leasing Set to Blow Away 4Q 2012
SL Green Realty Corp. today announced that 35 office leases covering 457,677 square feet were signed in its Manhattan portfolio during the first two months of the year, already trumping its totals from...
View ArticleAlexander McQueen Signs Lease at 747 Madison Avenue
Fashion retailer Alexander McQueen has signed a 15-year lease for retail space at 747 Madison Avenue totaling approximately 3,400 square feet, it was announced yesterday. The tenant is expected to move...
View ArticleJeff Sutton Sole Owner of 747 Madison Avenue Retail
Jeff Sutton is the buyer of SL Green's 33.3 percent stake in the retail co-op at 747 Madison Avenue, according to a New York Post report. The deal makes Mr. Sutton the sole owner of the space. SL Green...
View ArticleMilk, Honey, Bonds: Despite Market Troubles, Retail Landlords Are Raising...
In a retail environment often characterized as the worst in a decade, there is still one place where retail landlords can find refuge from challenging headwinds—and where investors are willing to back...
View ArticleLVMH and Givenchy Pay $25M for the Right to Leave Madison Avenue Early
Givenchy and its parent company LVMH paid $24.5 million for the right to leave its Madison Avenue flagship early, Commercial Observer has learned. LVMH reached a deal with Wharton Properties, its...
View ArticleSunday Summary: Déjà Vu All Over Again?
Eight years ago, as Superstorm Sandy ravaged the East Coast, those in real estate noted that a crane at one of the most coveted buildings in the city — One57 — was flapping precariously over...
View ArticleVersace to Replace Givenchy on Madison Avenue
Italian luxury designer Versace signed a lease to replace French luxury designer Givenchy at its Madison Avenue flagship. Rent for the seven-year lease with Wharton Properties at 747 Madison Avenue...
View ArticleSunday Summary: Masks Come Off and Barnett Is Back!
At 23 months and counting since New York shut down due to COVID-19, Gov. Kathy Hochul lifted the state mask mandate this week. (Federal and local mask mandates on schools, public transportation,...
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