realty check
Empire State Building filling up to the brim with addition of latest tenant
June 30, 2024 | 3:06pmThe newest tenant, global management consulting firm Kearney, just claimed the highest two office floors -- 78 and 79, where it signed for 27,866 square feet. (Higher floors are broadcasting...
NYC workers continue to return to office as building 'visitations' move closer to pre-pandemic levels
June 30, 2024 | 2:59pmThe return-to-office trend continues apace. Manhattan office “visitations” in May were 74 percent of 2019 levels, compared with 70 percent in May of 2023, according to the Real Estate Board...
Fabled Midtown pub Langan’s finds new home after closing in 2018
June 30, 2024 | 2:52pmThe big news on booming West 47th Street is the return later this year of Langan’s, the fabled Irish bar and eatery that closed in January 2018.
$128M upgrade helps former CBS headquarters keep white-shoe firm
June 30, 2024 | 2:37pmIn the latest reflection of Sixth Avenue’s enduring appeal, global law firm Orrick, Herrington & Sutcliffe renewed its lease on 144,312 square feet for fifteen years at 51 W. 52nd...
NYC members-only club seeks $600M in fraud suit against developer Michael Shvo
June 27, 2024 | 6:47pmThe lawsuit alleges that Michael Shvo lured the glamorous, business-and cultural-focused Core Club to 711 Fifth Ave. – a building he claimed to own – with “sinister and fraudulent” schemes.
Hey there, Delilah! Celebrity hotspot to open latest venue in Meatpacking District
June 24, 2024 | 2:36pmDelilah, a celebrity-favorite mecca with locations in Los Angeles, Las Vegas and Miami, signed a lease for a 10,000 square-foot, two-level pleasure palace at 50 Ninth at West 14th Street.
Hudson Yards skyscraper The Spiral lands five new tenants to lift occupancy above 80%
June 23, 2024 | 10:35amThe Spiral has been a favorite Realty Check subject since we first reported Pfizer would anchor the Tishman Speyer tower back in August 2017. Its strong pulling power -- enhanced...
Flexible co-working facility The Square replaces former WeWork floors
June 23, 2024 | 10:32amWeWork’s former floors at Hines’ 205 Hudson St. will survive as co-working space, but under a different business model and with some redesigned sections. Hines, which owns the boutique office...
Iconic NYC restaurant remains indefinitely closed for 'renovations,' faces murky future
June 18, 2024 | 5:00pmCallers hoping to book dates for weddings and other events were recently told no reservations were being taken while O’Keeffe weighed options for the fabled venue.
Twin-towered residential project 1515 Surf Avenue nears completion in Coney Island
June 16, 2024 | 1:08pmThe imminent completion of LCOR’s 1515 Surf Avenue is the best news Coney Island has seen since the Parachute Jump was designated as a city landmark. The twin-towered apartment building...
Wall Street-area office market sees strong leasing activity in May, CBRE report finds
June 16, 2024 | 1:05pmThe market saw 321,000 square feet of office deals last month, according to CBRE -- 17% ahead of the five-year monthly average of 274,000 square feet.
Michelin-starred chef who spearheaded the FiDi area’s culinary revival dead at 45
June 16, 2024 | 1:04pmThe shocking, premature death over the weekend of Michelin-starred chef James Kent at age 45 cast a pall over Downtown – and the Wall Street area especially. Although Kent had...
Blackstone boosts footprint at 345 Park Ave. with massive lease expansion
June 16, 2024 | 12:23pmBlackstone’s imminent deal to expand by 250,000 square feet at its global headquarters, Rudin Management’s 345 Park Avenue, is a robust indicator on two playing fields: Park Avenue and the world....
Related's Hudson Yards inks 2 major deals in Covington & Burling, Susquehanna International Group
June 9, 2024 | 2:38pmTwo just-signed, major, new deals demonstrate the sustained appeal of Related’s Hudson Yards complex -- and the preference for newer buildings over highly-regarded older ones. Warner Bros. Discovery (WBD), the...
French hospitality outfit Accor signs lease at Michael Shvo's 711 Fifth Ave
June 9, 2024 | 1:38pmThe sounds of levity at 711 Fifth Avenue last week didn’t come from the spectacular Core Club on the tower’s top four floors, but from the new offices of Accor...
NYC plan to convert obsolete office buildings into residential units would solve crisis — but City Council stands in the way
June 6, 2024 | 7:11pmThe biggest obstacle to residential conversion in New York isn’t the cost but archaic zoning rules that severely limit the areas and numbers of buildings eligible for conversion.
Manhattan West adds American favorite PJ Clarke's to thriving roster
June 2, 2024 | 2:42pmBrookfield’s thriving Manhattan West complex already had Italian, Middle Eastern, Spanish and Japanese restaurants. Soon, it will add home-town American favorite P.J. Clarke’s to the mix. The eatery, officially known...
Chinese retailer Miniso signs lease at JEMB Realty's 150 Broadway
June 2, 2024 | 2:14pmFiDi's sagging retail scene just got a badly needed boost. Chinese “lifestyle” and consumer goods chain Miniso, which has more than 6,000 stores worldwide including two in Manhattan, signed a 5,000 square-foot...
REBNY data shows healthy office occupancy, edging closer to pre-pandemic levels
June 2, 2024 | 1:12pmNever mind foreclosures and predictions of doom. The Real Estate Board of New York’s latest analysis of office building “visitations” presents a less pessimistic take on the endlessly discussed and debated...
East Midtown's Roosevelt Hotel could be migrant-free by end of 2024: sources
May 27, 2024 | 11:33amMore of the building’s storefronts are empty than filled, retailers having fled from rampant shoplifting, harassment of customers and doorfront urination.