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Chrysler Building
News

This Week's N.Y. Deal Sheet

... since 2007. *** PR Consulting is taking 20K SF at 100 Wall St., The Real Deal reports, moving from 304 Hudson St ... part of 16th floor. The company is moving from 650 Fifth Ave. *** Alternative investment management firm Orion Resource Partners and global ...

Sep 18, 2018
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Eastgate Topshop
News

Arcadia Group To Shutter All U.S. Topshop And Topman Locations

... proves impossible, the company will begin shutting them down, the Wall Street Journal reports. With that eventuality in mind, the company ... opened the 40K SF store in late 2014, opposite Saks Fifth Avenue. Arcadia's bankruptcy is the latest in a growing ...

May 24, 2019
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Retail Real Estate Could Be Approaching Its Own Eviction Crisis
News

Retail Real Estate Could Be Approaching Its Own Eviction Crisis

... proceedings against their tenants at the earliest opportunity, The Wall Street Journal reports. Many tenants have been able to ... Whitman Family Development has launched eviction proceedings against Saks Fifth Avenue, a tenant at the Bal Harbour Shops retail ...

Sep 01, 2020
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A rendering of Tower Fifth, the proposed supertall in Midtown Manhattan from Harry Macklowe
News

The Latest Supertall Pitched For Manhattan Is 1,551 Feet Tall And Will Have A See-Through Slide

... streets for what he is calling “Tower Fifth,” which, at 1,551 feet, it ... official height of 1,776 feet. Tower Fifth would be 12 inches taller than Extell ... -dollar office-to-residential conversion at One Wall Street. His public divorce proceedings were also ...

Jan 22, 2019
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Kushner Cos. Buys Maryland, Virginia Apartment Portfolio For Over $1B
News

Kushner Cos. Buys Maryland, Virginia Apartment Portfolio For Over $1B

... and Virginia for $1.1B from Lone Star Funds, the Wall Street Journal reports.  The deal represents the largest acquisition in ... for a 99-year ground lease of its troubled 666 Fifth Ave. tower in Manhattan. The  deal allowed the Kushner family ...

Feb 22, 2019
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Fast-Growing Hotel Disrupter Raises $30M As Its Business Model Gets Put To The Test
News

Fast-Growing Hotel Disrupter Raises $30M As Its Business Model Gets Put To The Test

... and that Life House can't control some variables like wall thickness in historic properties — but customers pay a lower price ... now open, and one in Miami Beach's South of Fifth neighborhood will open in three weeks. "We'll have five ...

Jan 29, 2020
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This Week's N.Y. Deal Sheet
News

This Week's N.Y. Deal Sheet

... is consolidating its space from 51 Madison Ave. and 40 Wall St. — also known as The Trump Building — according to Commercial ... part of the second floor, the entire third, fourth and fifth floors, and part of the sixth floor. JLL was represented ...

Jan 14, 2020
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Henri Bendel
News

L Brands Shutting Down Luxury Retailer Henri Bendel After The Holidays

... -format locations in 11 states, the Fifth Avenue store in New York is its ... the first luxury retailer with an upper Fifth Avenue address, the first to hold a ... that he believes are more profitable, the Wall Street Journal reports. During his tenure, Wexner ...

Sep 14, 2018
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Blackstone Profits Handsomely From Single-Family Investment Vehicle Invitation Homes
News

Blackstone Profits Handsomely From Single-Family Investment Vehicle Invitation Homes

... about $7B, or more than twice what it invested, the Wall Street Journal reports. Investors have proven willing to buy the ... for Invitation Homes. "Over 65 million people or roughly one-fifth of the U.S. population is aged 20 to 34 ...

Nov 24, 2019
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Thor Equities Powers Forward With E-Commerce, Launches $900M Logistics Platform
News

Thor Equities Powers Forward With E-Commerce, Launches $900M Logistics Platform

... developing logistics facilities with the new venture. Sitt told The Wall Street Journal that he has been weighing a pivot from ... firm has sold off Burlington Arcade in London and 693 Fifth Ave. in Manhattan for $525M. It also defaulted on a ...

Aug 30, 2019
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