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  • Kicking the can: EB-5 extended again; still lacks permanent legislation

    The Real Deal New York 19 Feb 2019 | 11:00 am

    The federal EB-5 program has been extended yet again, this time until Sept. 30. The visa program was again included in the larger federal spending package that President Trump signed Friday, averting another partial government shutdown. EB-5 gives foreign investors the opportunity to obtain a green card if they invest at least $500,000 in a development project and create at least 10 jobs. It has received a number of short-term extensions over the past three […]

  • The Real Deal’s inaugural tri-state issue is now available to all subscribers

    The Real Deal New York 19 Feb 2019 | 10:30 am

    The Real Deal’s first-ever tri-state issue is live, and digital subscribers to TRD are getting the first look at what’s inside. Subscribers now have access to stories including: – Senior living: How developers are reaping the benefits of building retirement homes and managed care centers – OZs outside the big city: How brokers, developers and fund managers are trying to capitalize on Opportunity Zones in the suburbs – Co-working’s evolution in the outer markets, and […]

  • FOR SALE: The Chrysler Building

    BrokerPulse 19 Feb 2019 | 10:21 am

    (NEW YORK, NY) — One of Manhattan most iconic buildings, the Chrysler Building is up for sale. The art deco styled tower opened its doors in 1930, taking 10 years to complete. The CBRE Group, commercial real estate services and investment firm, was hired to market the property, although it has not been revealed how much the iconic piece of New York heritage will sell for.

    The building’s ground lease makes $32.5 million annually for its owners, the Cooper Union School. In 2008, the Abu Dhabi Government purchased a majority stake in the building, which kept Tishman Speyer, a real estate developing group, as minority owner. Cooper Union has escalated their annual fee upwards of $7.75 million in the past two-years, and plan for more increases in the coming years.

    The Wall Street Journal reported that the Abu Dhabi Investment Council, an arm of the Gulf emirate government, wants to get a return on their $800 million investment for their 90% stake. Abu Dhabi will struggle to recoup their investment due to the current commercial sales market. The Chrysler Building is competing with new spaces that do not require a high cost renovation, continued upkeep, and escalating fees for the ground lease.

    As an iconic part of the NYC skyline and history, The Chrysler Building has endless possibilities. So what might a potential buyer do? Convert to a hotel? Build a vertical college campus? Reopen the Cloud Club Bar? We’ll have to wait and see.

  • Ken Griffin, fresh off massive NYC condo buy, gives another $1M to Daley’s Chicago mayoral campaign

    The Real Deal New York 19 Feb 2019 | 10:00 am

    Hedge fund billionaire Ken Griffin is giving another $1 million to Bill Daley’s mayoral campaign, matching his earlier contribution this month, and coming just weeks after he made headlines around the world for a record-shattering $238 million Manhattan penthouse purchase. Griffin, CEO of Citadel, is among a number of business leaders putting their money behind Daley, according to Crain’s, which reported on the latest million-dollar donation. That list of contributors includes a number of people […]

  • His and Hers, But Mostly Hers

    NYT > Real Estate 19 Feb 2019 | 8:53 am

    The musician Ingrid Michaelson and the actor Will Chase have very different ideas about material possessions. And that works out just fine.

  • On the call with Shaun Greer: Vacasa’s 2019 Vacation Rental Buyers Report

    BrokerPulse 19 Feb 2019 | 8:11 am

    (NEW YORK, NY) Vacasa, North America’s largest vacation rental company, is revolutionizing the way guests experience vacation homes, and even the way we buy and sell them.

    I had the pleasure of speaking with Shaun Greer, Vacasa’s senior director of real estate, about the company’s Vacation Rental Buyers Report.

    What is Vacasa and what separates it from competitors?

    Vacasa launched in 2009 and is now North America’s largest vacation rental company with more than 12,000 rentals spanning 28 states and 16 countries. We hosted around 1.5 million guests in our vacation homes last year.

    What separates us from others in the industry is that we are an end-to-end professional vacation rental manager, so we take care of everything for our homeowners — from marketing and booking, to cleaning and maintenance, and everything in between.

    In July 2018, Vacasa launched Vacasa Real Estate, which helps buyers and sellers of vacation rentals find the right home for them. They recently conducted a survey of more than 700 buyers in the market for a vacation rental and shared some of their findings, which looked at various types of buyers and their motivations.

    This year, almost half of all second home purchases will be made for investment purposes. Can you expand on this?

    According to National Association of Realtors 2017 Investment and Vacation Home Buyer Report, 39 percent of second homes were purchased for vacation use in 2016. However, what we are seeing is that with the increased popularity of vacation rentals over hotels for travelers, as well as the ability to book homes easily online through Vacasa, Airbnb, VRBO, etc., the percentage of vacation homes used for investment purposes continues to rise.

    According to Vacasa’s Vacation Rental Buyer Report, half of those currently in the market to buy a vacation rental already own at least one additional home. Given that they are back in the market for an additional or even multiple vacation homes signals to us that they are looking to capitalize on their investment.

    For many of our prospective buyers, investing in a short-term vacation rental can yield solid returns. This of course assumes you’ve done your homework on choosing a popular vacation destination, factored in the home’s cap rate and are maximizing the potential of your investment by using professional property manager to rent your home.

    What have you found to be the most sought-after locations and amenities for buyers?

    The report found that the most popular locations for buyers are Florida, California, Texas, New York and Colorado. However according to our report, while most people have traveled to the area they want to buy in, almost two thirds have not selected the exact city where they want to buy, even if they have narrowed it down to state.

    Vacation homes are all very different depending on home type and

    location, but in general, the most sought-after amenities for buyers to consider if they are planning to rent their vacation home as a short-term rental include a large living room and kitchen area, multiple bedrooms, a hot tub and an outdoor space.

    Are people buying second or vacation homes as frequently as previous years?

    We are seeing an increased interest in second homes, both from investor buyers and those who are buying for personal use. Our report found that investor-minded buyers are searching in urban destinations, with 31 percent telling us they’d prefer a home in a city. In contrast, 40 percent of buyers who are looking for a home they plan to spend time in are looking near popular coastlines and sunny beaches.

    When is the best time of the year to make a purchase?

    There can be benefits to buying before or after peak season in any given market. In most markets, buying after peak season improves your ability to negotiate a better purchase price. Plus, If you’re buying a property that can use some cosmetic or structural updates, buying after peak season can be an advantage, as you’ll have a slower period to make repairs. But you will need to start marketing the property quickly to ensure you get maximum bookings prior to peak season.

    When shopping for a home that’s already in good condition, it’s a good idea to close before peak season. You’ll have the opportunity to purchase and receive advance deposits at the closing table for reservations already on the books. Since you didn’t have any expenses generating the bookings, that’s like money in your pocket. But all those ‘free’ bookings come with a cost — you’re less likely to negotiate a discount on the purchase price.

    Can you share a few tips on how to navigate the vacation rental industry?

    It is crucial for buyers to understand the vacation rental landscape before jumping into a purchase. Many cities, states and counties have their own regulations about using your vacation home as a rental, so it’s important to understand what restrictions may be in place.

    This is why hiring a knowledgeable real estate agent that has experience with vacation rentals is always a good idea. Here at Vacasa, we have a certification program for our partner real estate agents that includes tools, market data and marketing materials that helps those new to the industry educate and position themselves as a vacation home specialist.

    What factors will influence the changing market?

    We found that it’s important to watch institutional investors. These professionals hold a lot of capital and are turning to real estate to make high-transaction investments. As investors look to expand into smaller markets, the vacation rental market will continue to become more popular.

  • What I Love: She Loves Her Stuff. He Has Little and Cares Less.

    NYT > Real Estate 19 Feb 2019 | 7:16 am

    The musician Ingrid Michaelson and the actor Will Chase have very different ideas about material possessions. And that works out just fine.

  • Recent Commercial Real Estate Transactions

    NYT > Real Estate 19 Feb 2019 | 6:00 am

    Recent commercial real estate transactions in New York.

  • Boy Scouts of America exits ESB for 22,000 s/f at Interchurch Center

    Real Estate Weekly 19 Feb 2019 | 5:38 am

    The Greater New York Councils of the Boy Scouts of America is relocating from the Empire State Building to The Interchurch Center at 475 Riverside Drive.

    Safe Harbour Real Estate Group announced that the Councils of the Boy Scouts that serves the New York City area will occupy 21,000 s/f at the Interchurch Center, a 600,000 s/f office building adjacent to Barnard College that opened in 1957 as a venue for youth and community groups of all denominations.

    Built for the exclusive use of 501 (c) (3) organizations, the building was designed to provide affordable accommodations that would allow non-profit groups to focus their resources on their respective missions.

    The full-service building — managed by Newmark Knight Frank — provides office space, meeting rooms and amenities for conferences and programs for employees and is currently home to over 70 organizations, ranging from Bike New York to the Children’s Aid Society.

    ANGELO GRIMA

    Angelo Grima, managing member of Safe Harbour Real Estate, represented the tenant. The landlord was represented in house.

    “The Scouts were looking to expand to larger space and the Interchurch Center was able to both accommodate their expansion needs and offer tailor-made space that will facilitate the Councils’ work with the hundreds of Scout packs operating packs in New York City.

    “475 Riverside Drive is in a prime location near Columbia University and numerous public transportation options and the Interchurch Center is a landlord who will also be a partner to the Boy Scouts as they continue their work educating and empowering young boys and girls in New York City.”

    In January, the GNYC Council of the Boy Scouts became one of the first in the nation to begin recruiting girls, the largest policy shift in the organization’s over 100-year history.

    The post Boy Scouts of America exits ESB for 22,000 s/f at Interchurch Center appeared first on Real Estate Weekly.

  • New York City looks to Tesla to build underground tunnel from Manhattan to JFK

    BrokerPulse 18 Feb 2019 | 11:44 am

    (NEW YORK,NY)— New York City is looking for a quicker way to travel from Manhattan to JFK. According to reports, the city has reached out to Tesla founder Elon Musk for engineering ideas.

    Musk’s company, The Boring Company, stated New York wasn’t the first city to come to them with questions. The company recently launched a test of  its short-distance tunnel based transportation systems in Hawthorne, California. If successful, it may be introduced to other cities.

    As for New York City, the plan to build a Manhattan-Queens tunnel under the design of The Boring Company would consist of two tunnels less than 14 feet wide with electric vehicles running simultaneously inbound and outbound.

    According to the company, the small width of the tunnel would cut construction costs and would be time friendly.

    Engineers have identified possible issues of the plan which include ventilation, the logistics of emergency response, and the tunnels impact on other New York tunnels. However according to The Boring Company’s website, the system features regular emergency exits and does not have a high-voltage third rail. The risk of fire is also low because the tunnels are lined with non-flammable concrete.

    Governor Andrew Cuomo is eager to create a quicker route to JFK and will continue working with engineers to find a solution.

    According to reports, The Boring Company has received a building permit from Washington, D.C., which could kick-start the plan to build a high-speed tube system between New York City and Washington, D.C. The tube will take passengers from NYC to D.C. in just 29 minutes and will stop in Philadelphia and Baltimore.

     

    Sources:

    6sqft.com

  • Done Deals: Broker woos buyer for West Village apartment

    Real Estate Weekly 15 Feb 2019 | 11:14 am

    Location, location, location helped Compass agent Martin Eiden sell a West Village apartment $300,000 over ask.

    MARTIN EIDEN

    He had 15 offers on the table after over 100 prospective buyers toured unit 4D at 708 Greenwich Street (pictued top).

    “Retrospectively, what attracted so many buyers was the location in prime West Village,” said Eiden.
    “The apartment was in move-in ready and staged in a bohemian chic style.”

    The “smart” layout of the two bedroom plus home office was also a big selling point.
    Listing the unit at under $2 million appealed to value conscious buyers, too.

    Explained Eiden, “The market showed there are a lot of buyers in-waiting for good deals. It appears 708 Greenwich Street #4D was one of them.”

    The co-op spent just 15 days on the market and received a flood of offers from couples and young families as well as empty-nesters and trust-funds.

    Susan Skinner from Compass repped the buyers, a local young couple who closed at $2.255 million.

    MANHATTAN
    Yorkville
    200 E90th St. #2F
    $1,385,000
    Gut renovated two bedroom, 2-bath co-op with a foyer flowing into the kitchen and living room. Open kitchen with custom cabinetry and recessed lighting, breakfast bar, south facing living/dining room with built-in cabinetry. Asking Price: $1,395,000. CC: $1,454. Days on Market: 22 Days. Agents: Lisa Larson and William A Vitiello III, Warburg Realty; John Hudak, Douglas Elliman.

    Upper East Side
    389 E89th St. #5E
    $1,390,000
    Corner loft one-bedroom, 1-bath condo with floor-to-ceiling livingroom windows and white oak hardwood floors. Kitchen with custom Italian cabinetry, Miele appliances and white marble countertops. Master bath with Dolomite marble floors and walls. Vented in-unit washer/dryer. Amenities include a fitness center, children’s playroom, roof deck and courtyard garden. Asking Price: $1,390,000. CC: $1,058. Days on the Market: 24 weeks. Agents: Shannon Boudreau, Corcoran Sunshine; John Farrell, Citi Habitats.

    175 E74th St. #12A
    $1,485,000
    Renovated corner two bedroom apartment with three exposures and three corner windows in the living room with dining L. Windowed kitchen with Sub-Zero, Miele and Frigidaire appliances, Caesarstone counters and garbage disposal. Both baths are renovated. Six built-in closets, Pet friendly doorman building with roofdeck. Asking price: $1,545,00. CC: $2,250. Agents: Fern Budow, Corcoran; Michele Conforti, Alf Naman Brokerage.

    Sutton Place
    16 Sutton Pl. #7B
    $1,174,248
    Convertible two bedroom, 3-bath with library that can be converted to a three or four bedroom. Located within an co-op with three apartments per landing. Eastern views, washer / dryer hook-up, private storage unit in the basement. Building features include full-time doorman, live-in super, gym. Pied a terres and pets allowed. Asking Price: $1,350,000. CC: $4,292. Days on Market: 107 Days. Agents: Allison Chiaramonte, Warburg Realty (pictured); Lily Birnbach and Shari Pels, Douglas Elliman.

    Greenwich Village
    60 E8th St. #23D
    $1,360,000
    One bedroom, 1- bath. Open kitchen with extended polished marble countertops over solid wood cabinets and breakfast bar. Newly renovated bathroom with stone floors, glass enclosed tub/shower and Caesarstone countertops. Abundant closets and storage. Central air, 9 ft. ceilings and new hardwood floors. Asking Price: $1,385,000. CC: $1,998. Days on Market: 34 Days. Agents: Judith Thorn and Joy T. Grossman, Warburg Realty; Jeffrey B. Mendell, JBM Realty Capital Corp.

    BROOKLYN
    Downtown
    388 Bridge St. #32E
    $995,000
    Corner one-bedroom condo with 10.2 ft. ceilings and floor-to-ceiling windows with Barclays Center and Prospect Park views. Wide-plank oak floors and designer hardware and fixtures. Kitchen features Liebherr, Viking and Bosch appliances and white quartz countertops Alcove at entry. Custom California closets and in-unit washer/dryer. Full-service building amenities include a common rooftop terrace, sky lounge and gym. Asking Price: $995,000. CC: $760 per month. Days on the Market: 3 weeks. Agents: Jessica Sjoo, Compass; Arron Johnson, Citi Habitats (pictured).

    Clinton Hill
    269 Clinton Ave. #D2
    $922,500
    Two bedroom, 1-bath with renovated chef’s kitchen featuring stainless steel appliances including Bosch dishwasher and 5-burner GE Cafe range. Enter through a front yard garden and enjoy a common back garden with patio, picnic table, and BBQ. Additional storage space and dedicated bicycle storage for the unit, and the building houses its own laundry. Asking Price: $975,000. CC: $823. Days on Market: 58 Days. Agents: Jamie Fedorko, Warburg Realty; FSBO Realty.

    Clinton Hill
    264 Greene Ave. #2
    $1,200,000
    Two bedroom, two bath condo and living room with oversized windows. Open kitchen and dining area. Rear bedrooms overlook a private garden. The master bedroom features a walk-in-closet and en suite bath with double vanities. 11 ft. ceilings throughout. Asking Price: $1,195,000. CC: $360. Days on Market: 58 Days. Agents: Jamie Fedorko and Brandon Major, Warburg Realty; Su Miao, Real NY Properties.

    The post Done Deals: Broker woos buyer for West Village apartment appeared first on Real Estate Weekly.

  • Have you heard? Celebrity swank surrounds $10 million triplex

    Real Estate Weekly 15 Feb 2019 | 10:44 am

    The Azoulay Miles Team at Douglas Elliman welcomed a gaggle of celebrities to the American Thread Building for the launch of Ilene Joyʼs new jewelry collection.

    The Chelsea-based jewelry designer – whose clients include Bruce Springsteen and Sarah Jessica Parker – was joined by family and close friends, including Sienna Miller, Lauren Santo Domingo, Tabitha Simmons, Christina Hendricks, Delilah Belle Hamlin and, the face of the brand, model and actress Poppy Delevingne.

    The cocktail party was held in the $10 million triplex currently on the market with The Azoulay Miles Team. It was adorned with unique jewels from the new collection and showcased Delevingne’s video and print campaign.

    Harley Viera-Newton DJ’d as guests mixed and mingled.

    The New York Academy of Art board of trustees gathered at 108 Leonard for a dinner to celebrate the opening of Andy Warhol: By Hand, Drawings from the 1950s -1980s.

    The exhibition of work by one of the academyʼs earliest supporters was co-curated by Vincent Fremont, Warhol’s right-hand man for two decades, and Academy president David Kratz.

    The drawings are from the private collections of dealers Daniel Blau, Paul Kasmin and Anton Kern and the exhIbition is on view at the Academy through March 10,

    It is sponsored by insurance giant AXA XL and 108 Leonard, the Elad Groupʼs gorgeous conversion of the landmarked McKim, Mead & White historic landmark in Tribeca.

    Among the diner guests were regulars from The Factory, Andy Warhol’s New York City studio and favorite haunt of the era’s hipsters and artistic types

    They included New York Dolls frontman David Johansson, AKA Buster Poindexter, writer Bob Colacello and designer Jay Johnson as well as art world stalwarts Damien Loeb, Angela Westwater, Izabela Depczyk and David Nolan.

    The 43th annual RE/MAX R4 convention will take place in Las Vegas later this month.
    Some 6,000 RE/MAX agents and brokers from 60 countries are expected to attend for an event that will include over 200 hours of education, tech training, a supplier marketplace and 60 speakers and panelists.

    This year, Marcus Lemonis, entrepreneur, host of CNBC’s The Profit and Business Turnaround King; Shark Tank investor and FUBU founder Daymond John; author Kelly McGonigal and; motivational speaker, Hal Elrod.

    The post Have you heard? Celebrity swank surrounds $10 million triplex appeared first on Real Estate Weekly.

  • Anna Faris Has Sold the Hollywood Hills Retreat She Shared With Chris Pratt

    Real Estate – Observer 14 Aug 2018 | 4:01 pm

    But the home didn't bring in quite the haul she was hoping for.

  • Joe Jonas Doesn’t Want Cake by His Sherman Oaks House

    Real Estate – Observer 14 Aug 2018 | 9:14 am

    He's listing the home for $4.25 million.

  • Summer Aboard a Boat: The Cheaper Version of a Vacation Home With Way Better Views

    Real Estate – Observer 10 Aug 2018 | 3:30 am

    Tired of your current location? With a boat as a summer home you can pick up and sail to Martha's Vineyard, Montauk or Maine.

  • Mannequin maker shifts to new showroom space

    Real Estate Deal Watch - Crain's New York Business 1 Feb 2016 | 9:00 pm

    Midtown / Park Ave. South - A company that manufactures and provides mannequins to retailers across the city is moving its midtown south showroom a few blocks away. Mondo Mannequins leased 4,500...

    To view the full story, click the title link.

  • Deal Preserves Apartments’ Affordability for 55 Years

    Multi-Housing News Online 30 Oct 2015 | 5:11 am

    Photo credit: www.forrent.com

    Photo credit: www.forrent.com

    By Dees Stribling, Contributing Editor

    Pacifica, Calif.—Ocean View Senior Apartments has traded hands, with National Church Residences selling the property to Bridge Housing for an unspecified price. The transaction will preserve Ocean View as an affordable housing property for seniors in Pacifica and pave the way for new capital improvements.

    In 2000, National Church Residences acquired the 100-unit Ocean View at the request of the City of Pacifica, with the goal of sustaining the property’s affordability. Since then, the nonprofit provided property management at Ocean View and raised funds for roof replacement and other improvements. Most recently, National Church Residences had been pursuing a refinancing of Ocean View to repay two maturing loans and address capital needs.

    Bridge will start renovations next month with new financing in place. That includes tax-exempt bonds, additional funding through California Housing Finance Agency, restructuring of existing debt with the San Mateo County and the Housing Endowment and Regional Trust, and the addition of low-income housing tax-credit equity.

    The planned renovations will replace aging building elements with more efficient and higher-performing alternatives; restore and enhance the physical condition of the building; and, according to Bridge, enhance residents’ quality of life. The recapitalization also provides funding to enhance on-site services. Residents will have access to programs such as wellness and nutrition classes and referral services, without charge.

    All current residents will be able to remain in their units for the long term, and new deed restrictions have been placed on the property to ensure rent restrictions will continue for 55 years. Ocean View is affordable to seniors whose annual incomes range from about $14,928 to $84,500 (minimum income standard to 80 percent of area median income, depending on household size), though 31 apartments will have additional subsidy provided by the Housing Authority of the County of San Mateo.

  • Suburban Dallas Apartments Up for Sale

    Multi-Housing News Online 30 Oct 2015 | 4:55 am

    By Adriana Pop, Associate Editor

    Dallas—Greysteel has been retained as exclusive advisor and agent for the sale of The Lakeshore, a 140-unit garden-style multifamily community in the Northwest Dallas suburb of Lake Dallas, Texas.

    The Lakeshore in Lake Dallas, Texas

    The Lakeshore in Lake Dallas, Texas

    Completed in 2015, the property offers 40 one-bedroom/one-bathroom units at 763 square feet, 36 two-bedroom/two-bathroom units at 1,080 square feet, 40 two-bedroom/two-bathroom units at 1,091 square feet, and 24 three-bedroom/two-bathroom units at 1,311 square feet.

    The community is conveniently located along Swisher Road, a high traffic thoroughfare which provides ideal accessibility to Interstate 35E, Dallas-Fort-Worth’s main north and south artery. Residents at The Lakeshore also benefit from the property’s proximity to the University of North Texas in Denton, which is educating over 36,000 undergraduate, graduate, and doctoral level students. Another attraction is the nearby Lewisville Lake, which features 183 miles of shoreline along with over 29,600 acres of navigable waters that offer a multitude of activities.

    Unit interiors feature wood-look vinyl flooring, ceiling fans, brushed nickel fixtures, walk-in closets, a desk nook with cabinetry, private balconies and patios with storage, washer and dryer connections, and black appliance packages with microwaves. Exterior amenities include a resort-style swimming pool, fitness center, business center, clubhouse, theater, BBQ grilling area, and garages.

    Greysteel’s multifamily investment sales team in charge with the assignment is led by Boyan Radic, Doug Banerjee, Andrew Mueller, and Ryan Hill.

    “The Lakeshore is one of only two Class A developments in the City of Lake Dallas in the past 10 years and the design was done by award winning BGO Architects along with the landscaping designed by Meeks Design Group (MDG),” Doug Banerjee, Greysteel director, said. “This property will allow a new buyer to come in and acquire a brand new asset on the highly trafficked Swisher Road extremely close to Lewisville Lake, which makes it a very desirable location for years to come.”

  • C&W Finds Buyer for Villas at Pine Hills

    Multi-Housing News Online 30 Oct 2015 | 3:21 am

    By Balazs Szekely, Associate Editor

    Villas at Pine Hills

    Villas at Pine Hills

    The Villas at Pine Hills multifamily community was recently sold. SCR Properties 3 LLC closed on the acquisition of the 96-unit property in a transaction valued at $5.85 million. Executive Director Jay Ballard and Senior Director Ken Delvillar with Cushman & Wakefield represented the seller, Villas at Pine Hills Partnership.

    Located on a 16.5-acre site at 5249 Champagne Circle in Orlando, Villas at Pine Hills is surrounded by a densely populated garden suburb northwest of the city’s core. Ridgewood Park Elementary and the Maynard Evans High School are both within walking distance from the community, which also offers easy access to a number of shopping and dining destinations. Completed in 1984, the community comprises two-bedroom, two-bathroom duplexes measuring 980 square feet. Each unit features a private driveway, direct access garage, a fenced patio and washer and dryer connections.

    Photo credit: Cushman & Wakefield

  • Ad firm takes a second floor in midtown south building

    Real Estate Deal Watch - Crain's New York Business 28 Sep 2015 | 10:00 pm

    Midtown / Park Ave. South - Lowe & Partners Worldwide is doubling its space at 386 Park Ave. South a year and half after signing a deal to move into the building. The advertising firm is taking the...

    To view the full story, click the title link.

  • Upper West Side goes upscale with new caviar bar

    Real Estate Deal Watch - Crain's New York Business 22 Sep 2015 | 10:00 pm

    Upper West Side - A 14-year-old caviar purveyor is expanding. Olma Caviar Boutique & Bar, which operates a location at Todd English’s Plaza Hotel Food Hall, has signed on for its first freestanding...

    To view the full story, click the title link.

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