Month: January 2020

Spruce up your pad on a budget thanks to four design trends that’ll be all rage in 2020. Round the house Checkerboard Dining Chair in Mint, $136.84, Amazon (left); Checkerboard Wall Clock, $25.59, Society6 (right)Amazon; Society6 Checkerboard is the new chevron, according to NYC-based potter and product designer Jonathan Adler. “The Vans checkerboard pattern is
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After losing to Facebook in a tug-of-war over the historic Farley Building, tech giant Apple is negotiating to lease office space at 11 Penn Plaza, sources said. The 1.15-million-square-foot building owned by Vornado has 638,921 square feet available from the fourth through 14th floors as a sublease from Macy’s, with some square footage ready to
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Paul McCartney, George Harrison, Mark Ronson and Rodgers and Hammerstein all have catalogs represented by Concord, which is consolidating its offices, at 250 W. 57th St. The world’s largest independent developer, manager and acquirer of music recordings, music publishing and theatrical performance rights for artists will be moving into 46,329 square feet. The space is
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Absent any sensible reason to condemn Hudson Yards, the vast project’s innumerable detractors came up with a laughably hypothetical one this past week. The idea was that the developer, Related, might one day build a 700-foot-long, 2-story-high wall along its westernmost edge that would separate the complex’s yet-to-be-built second portion facing the Hudson River from
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Expensive land, high seller expectations and a complicated legislative environment all led to the sales market taking a beating in 2019. There have been fewer buildings trading, observes Savills’ Woody Heller of the lower totals. Volume is down from 2015’s high of$59.9 billion to what is expected to total $35.6 billion for 2019. “The rules
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Street meets chic as traditional luxury brands partner with streetwear designers, creating cross-promotions and co-locations to cater to young customers. “It’s the same customer that shops luxury,” says Gabriel Paisner of Odyssey Retail Advisors. “The younger customer likes the exclusivity. They will walk into [Japanese streetwear brand] Bape and buy something — and then walk
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As building owners scramble and compete to attract and keep top tenants, money is pouring into old and new office buildings. New buildings, says Jeremy Moss of Silverstein Properties, are a “tool” for recruitment. “I feel like the whole city is running at 150 percent,” declares Moss of the local leasing activity. Moss oversees leasing
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Darren DavisBennett Raglin Darren Davis, president of iHeartMedia Networks Group, recently listed his five-bedroom Cos Cob, Conn., estate at 271 Valley Road for $2.95 million. The waterfront home was built in 2008. It features curved staircases, five fireplaces and a grand foyer. There’s also an eat-in chef’s kitchen with water views. French doors lead to
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Don’t judge a townhouse by its facade. It’s all about what’s inside. These properties have spacious layouts and lots of bedrooms — yawn! — but what’s special are their over-the-top inclusions. Think swimming pools, suburban-sized garages and a butler. Deep-pocketed buyers can find these rare amenities in a number of townhouses currently on the market
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When the Real Estate Board of New York talks, local bigwigs and politicians listen. The city’s oldest and most influential real estate trade association represents a who’s who of owners, building investors, real estate executives and service professionals. In addition, members include residential and commercial brokers and managers, financial companies, title companies, lawyers, accountants, architects,
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Meet the seven real estate professionals who will be honored at Thursday night’s REBNY gala. The Harry B. Helmsley Distinguished New Yorker Award David R. Greenbaum, Vice Chairman of Vornado Realty Trust David GreenbaumREBNY This is Greenbaum’s 39th REBNY dinner — initially becoming involved while a tax attorney at Weil Gotshal & Manges. At that
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Third Avenue should win an award for the most office building makeovers. Hospitality-minded owners are planning major revamps for several towers between East 42nd and 57th streets, with A-plus amenities targeting modern tenants. Several office buildings have changed ownership or are in the midst of sales, while others are simply getting a huge influx of
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Ongoing hotel development is bringing more rooms to Gotham — and rates are holding steady despite the influx. “We are still going through a supply indigestion, as New York has suffered from oversupply and Airbnb as well as a big increase in the supply of rooms per night,” says Gilda Perez-Alvarado of JLL’s hospitality group.
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Get ready for Two World Trade Center, Version 3.0. Larry Silverstein and architect Norman Foster are working on major changes to Foster’s original vision for the still-unbuilt skyscraper, the developer tells The Post. Foster’s old design was scrapped in 2015 for an edgier one by Bjarke Ingels’ firm BIG when it appeared that two media
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