Posted by Leonard Steinberg on September 12th, 2013 Ben Shaoul of Magnum Real Estate has purchased the upper floors of the magnificent Verizon building located at 140 West Street, a building very similar to the Verizon building that became Walker Tower. This superb Art Deco landmark sits alongside the Freedom Tower, nestled between Tribeca and… [Read More]
REFLECTING ON 9/11 A DOZEN YEARS LATER
Posted by Leonard Steinberg on September 11th, 2013 Its a dozen years since the horrific attacks of 9/11: since then New York and our world has changed forever, so here are some observations of the effects of 9/11 from a real estate (and human)perspective: 1) SECURITY remains an on-going, daily concern. We are reminded… [Read More]
MISSION POSSIBLE: IS 57th STREET THE NEW PARK AVENUE?
Posted by Leonard Steinberg on December 8th, 2011 Is 57th Street becoming the new PARK AVENUE? With ONE 57, the EXTELL developed tower located between 6th and 7th avenues on 57th street commanding prices upwards of $ 5,000/sf comes confirmation that Macklowe’s site (now CIM)of the former Drake Hotel on Park Avenue and 57th Street… [Read More]