Equitable HQ decision nears; is downtown plan enough?Equitable is about to make its decision about its next headquarters. Will it stay in the city? They have a piece of their heart set on Westchester. Was the mayor's plan enticement enough? Is 140 Broadway getting the nod? How about a few floors in Tower 45 to hold them over. Stay tuned... Will the Mayor's plan be enough to keep Depository Trust Corp. at 55 Water Street or will they head to Jersey? Their vaults have flooded in the past. Remember, too, the tenant rent cuts still have to be passed by the legislature with a retroactive date... First Boston First Boston Corporation was a New York-based investment bank, founded in 1932 and acquired by Credit Suisse in 1988, when it became 'CS First Boston'. Globally referred to as Credit Suisse First Boston after 1996, the First Boston part of the name was phased out in 2006. is also ready to sign a deal. Are they being forced to land at Met Life's Madison Square Madison Square is a neighborhood on the East Side of the New York City borough of Manhattan, centered on a 6.8 acre (2.75 Hectare) public park in the New York City borough of Manhattan, named for James Madison, fourth President of the United States and co-author of the United digs? There's nothing like holding the purse strings purse strings or purse·strings pl.n. Financial support or resources, or control over them: the politicians who control federal purse strings; tightened the corporate purse strings. on a lively fish when you have an empty frying pan... While Pathmark was practically tarred and feathered when it wanted to locate in a residential Ditmars Boulevard site, the Bulova Corporate Center owned by Blumenfeld Development lies on the edge of the residential area. That company is now seeking to bring in a discount big box retailer with the support of the very same residential community boards Community Boards is a community based mediation program, established in 1976, in San Francisco, California, USA. The program utilizes volunteers from from the neighbourhoods of the city, who work with people involved in disagreements toward the end of resolving the dispute, , only too happy to see the traffic go towards offices and not homes... What's the deal with 150 Broadway? Edward S. Gordon Company just slapped on an $850,000 mechanic's lien A charge or claim upon the property of another individual as security for a debt that is created in order to obtain priority of payment of the price or value of work that is performed and materials that are provided in the erection or repair of a building or other structure. . ESG ESG Enterprise Strategy Group (Veritas) ESG Emergency Shelter Grant (Florida, USA) ESG Expeditionary Strike Group ESG Electronic Service Guide (used in DVB) declined to talk... 850 Third Avenue is getting plucked from Pru by the King of the Bottom Fishers, Chicago's Sam Zell, now making a move on Manhattan... Here comes the Glorious Sun. The firm is buying the Mendik property at 260 Madison... Cushman & Wakefield's Josh Kuriloff reports the Crown Building is 94 percent occupied. Was it only 1991 when it was purchased for nearly $96.5 million? The Sweet & Low Ira Eisenstadt family will be the new occupants of the townhouse town·house or town house n. 1. A residence in a city. 2. A row house, especially a fashionable one. at 42 East 71st. The handyman special was purchased for $4.1 million and is the first time since the 1980's that such money was paid for a 20-footer. But $585 a square foot? The building is the former home of the political research organization, the Lehrman Institute, which was represented by Massey Knakal. Now they got a sweet deal. A new wave of condo conversion is sure to liven up incoming Attorney General Dennis Vacco's life. Santa Claus may put a bid on one of the new top floor condos at the Plaza Hotel so he can use it as a landing pad for the reindeer. After all, it's just across Fifth Avenue from F.A.O. Schwartz... Another prominent real estate family is also getting ready to issue a red herring Red Herring A preliminary registration statement that must be filed with the SEC describing a new issue of stock (IPO) and the prospects of the issuing company. Notes: ... while rocks are being targeted for an athletic conversion, complete with harbor views. Disturbed by the extent of the city's financial burden in supporting 3,000 buildings that have gone in rem [Latin, In the thing itself.] A lawsuit against an item of property, not against a person (in personam). An action in rem is a proceeding that takes no notice of the owner of the property but determines rights in the property that are conclusive against all the , attorney Ruben Klein said "They are bleeding, no one is going to come in and take over the position that the city finds itself in." In the last four years, the city lost out on collecting $80 million in real estate taxes from these very same buildings. With tenants facing cut-offs of Section 8 and other welfare-type rent support programs, "things are scary," he says. "The tenants want to take over the buildings but have no concept of what it costs or where you get the money." Gov-elect Pataki finally named attorney and Ben and Jerry Harlem franchise owner, Joseph H. Holland, as Housing and DHCR DHCR Division of Housing and Community Renewal head. Donald Halperin tendered his resignation in December and is exploring private sector opportunities... The City Council is still wrestling over window replacement for apartments where lead poisoned children are found. Are they intent on reviving the window industry and killing housing? The backlog of J-51's is becoming very problematic. Look for relief that must come on that front ... The Council is also starting to consider seismic building codes. As if that will protect against the shaking already going on around here. |
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