Douglas Durst News
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Developer Larry Silverstein said he plans to start building an 82-story hotel-and-condominium tower a block north of the World Trade Center site in lower Manhattan late this year, after getting a $660 million loan.
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The Durst Organization won the right to be an equity partner with the Port Authority of New York and New Jersey in 1 World Trade Center , the 1,776-foot tower under construction at the Ground Zero site in lower Manhattan.
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The Waldorf-Astoria’s art deco elevator doors opened and out walked Kermit and Miss Piggy, or rather, Brian Mullen, an investment banker, and Liz Mullen, an accountant, dressed as the Muppets.
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The availability of top-quality office space in Manhattan rose to the highest in almost two decades as a new skyscraper at the World Trade Center site neared completion, according to brokerage Studley Inc.
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Rising demand for high-tech, modern spaces will prevent an office glut in downtown Manhattan as new towers rise at the site of the former World Trade Center, three area landlords said.
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New York’s Metropolitan Transportation Authority, the biggest U.S. mass-transit operator, may sell its Manhattan headquarters for about $150 million, the agency’s real estate director said.
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Conde Nast Publications Inc., the publisher of Vogue and Golf Digest magazines, signed a lease to move its headquarters to downtown Manhattan’s 1 World Trade Center, slated to be the western hemisphere’s tallest building.
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New York detectives sought to identify a person seen in Times Square around the hour of this weekend’s attempted car bombing, while police and building owners stepped up security in midtown Manhattan.
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Conde Nast Publications Inc., publisher of magazines including the New Yorker and Vanity Fair, said it is near an agreement to move its headquarters to downtown Manhattan’s 1 World Trade Center.
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Citigroup Inc. is considering leasing offices at the World Trade Center site in lower Manhattan, two people with knowledge of the discussions said.
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