Wagamama, a London-based, Japanese-style restaurant chain, has signed a lease for 7,000 square feet at 210 Fifth Avenue.
The restaurant, which has 140 locations around the globe and in the U.S., will be the chain’s first store in New York City and its flagship U.S. location, The New York Post reported.
Asking rent for Read More
Just a month after news broke about Blackstone Group’s plan to buy Stuyvesant Town-Peter Cooper Village for $5.3 billion, the private equity firm has sold the London Hotel in Midtown to sovereign wealth fund for $382 million to Abu Dhabi Investment Authority (ADIA).
There’s no place like home for the holidays, and that’s where jurors in ex-Assembly Speaker Sheldon Silver’s corruption trial went this afternoon—without delivering a verdict or, in one case, obtaining a meeting with Judge Valerie Caproni.
The jury asked to leave by noon in honor of Thanksgiving, a request Judge Caproni granted. She was not so Read More
Douglas Shorenstein, the chairman and chief executive officer of Shorenstein Properties, died yesterday following a battle with cancer. He was 60.
“Doug had been ill for some time and fought a courageous battle with his illness,” the company said in a memorial note on its website in the wake of Shorenstein’s passing. Read More
New York City-based Volt Information Sciences, which provides staffing services and technology management consulting, is moving to Durst Organization’s 1133 Avenue of the Americas between West 43rd and 44th Streets.
The publicly listed company inked a 14,686-square-foot lease to occupy the entire 15th floor in the 45-story Read More
Two adjoining factories in the Williamsburg section of Brooklyn have been sold off to a developer with plans to build a new, mixed-use project at the site.
North Development Group, a Brooklyn-based real estate company, paid $26.5 million for 286-298 Wythe Avenue and 300-306 Wythe Avenue between Grand and North 1st Streets, property records Read More
Justin Gardinier, managing director and head of Greystone EB-5, helped launch Greystone’s institutional EB-5 platform this summer, after joining the Manhattan-based national lending and investment firm in early 2015. As of now, the new platform has $200 million of EB-5 financing in the pipeline. Before joining Greystone, Mr. Gardinier spent ten months at CCRE, Read More
Coffee behemoth Starbucks Coffee has signed a lease for 1,100 square feet on the ground floor at 222 Broadway in Lower Manhattan, Commercial Observer has learned. The building, owned by the property investment arm of Deutsche Asset & Wealth Management and L&L Holding Company, is between Fulton and Ann Streets.
L&L’s Read More
Lower Manhattan’s burgeoning development is driving economic growth at a rate that is outpacing the rest of New York City. That is largely driven by construction of new offices and retail spaces, a report released yesterday by the Alliance for Downtown New York shows.
Development will result in 40,400 additional private-sector jobs to Lower Read More
Just a few months after online audio platform SoundCloud signed a lease for space in a Flatiron District building, it is subleasing out about half of it.
Hometeam, a for-profit organization that provides caregivers and nurses for senior citizens, announced yesterday it has signed a one-year sublease with SoundCloud for 22,000 square feet Read More
Luxury eyewear and accessory designer Jimmy Crystal New York is opening its premier retail store at Resorts World Casino New York City, Commercial Observer has learned. This is the first retailer to open at the Jamaica, Queens, location besides the casino gift shop.
The 425-square-foot retail store, in the Times Square atrium on the second level Read More
True North, a digital advertising and media company, has signed a short-term renewal for its offices at 630 Third Avenue, Commercial Observer has learned.
The company will stay in its 8,286 square feet of office space through 2017, according to a press release by landlord ATCO Properties & Management. True North currently occupies parts Read More
Law firm Golenbock, Eiseman, Assor, Bell & Peskoe is packing up its Madison Avenue offices and heading for Third Avenue.
Commercial Observer has learned that the firm has inked a 38,050-square-foot deal at SL Green Realty Corp.’s 711 Third Avenue. Golenbock, Eiseman, Assor, Bell & Peskoe will be taking the space for more than Read More