Articles about “CharlesBagli”
Developers Want Macy's to Move West
Will Macy's give its regards to Broadway? The NY Times reports that the developers who are trying to redevelop the James Farley Post Office building into the new Moynihan Station "are in the early stage of negotiations with Macy’s" to move from the store's landmark Herald Square location to the Farley building on Eighth Avenue. Charles Bagli's article summarizes the progress of the Penn Station redevelopment and Farley-into-Moynihan Station project: It's complex, given the...
Digesting the Megadeal: Banking on Demise of Rent Regulation
Two months after Stuyvesant Town and Peter Cooper Village were sold by MetLife to Tishman Speyer for a record-breaking $5.4 billion, an epic review of the deal by Charles Bagli of the NY Times ties up...
666 Fifth Goes to the Kushners
Six years can bring more than a 300% return (or clear 200% of your initial investment in pure profit)! The NY Times reports that Tishman-Speyer sold 666 Fifth Avenue to the Kushner family for $1.8 billion....
StuyTown Sold to Tishman-Speyer for $5.4 Billion
Breaking: Tishman-Speyer, the real estate concern that controls Rockefeller Center, the Chrysler Building, the Lipstick Building, and much more around the city and world, was the winning bidder in the Stuyvesant Town-Peter Cooper Village sweepstakes. The...
West Side Railyard Bids Are In
No matter what happens on the football field, it's clear that the Jets want to win the Battle of the West Side because they increased their bid to $720 million, up from their bid earlier $100...
Columbia's Expansion Dreams
News that Columbia has been in talks with Harlem local officials and other city politcos about acquiring 17 acres of land, from 125th Street to 133rd Street, between Broadway and 12th Avenue, to expand its campus interested...