Malkin Holdings could soon capitalize on investors’ appetite for a slice of New York City commercial real estate after recently announcing plans for a publicly traded REIT called Empire Realty Trust.
Tag Archives | Featured
SJP Properties has signed the textbook publisher Pearson to a 200,000-square-foot lease for five four floors at the Waterfront Corporate Center III building, plans for which were announced nearly four years ago and tabled until SJP secured an anchor tenant.
The Kushner Companies and Los Angeles-based CIM Group recently closed on the $50 million acquisition of 200 Lafayette Street and will reposition the historic 7-story property as a Class A, LEED-certified SoHo office building.
Terms of the 130,000-square-foot deal were not disclosed but SiriusXM also renewed a second lease – at Five Penn Plaza – for over 85,000 square feet.
After 85 years, in a deal that reminds us that the days of Mad Men are long gone, the advertising agency Y&R has agreed to move its offices from 285 Madison Avenue to the LEED Silver-hopeful 3 Columbus Circle.