Prebuilt Building Out in Manhattan

The ground floor business lounge at 747 Third Avenue. (photo courtesy of Regus)

Regus announced plans to expand its prebuilt office space footprint in Manhattan with four new locations slated for leasing in the coming year. The Luxembourg-based company has 60 such business centers in the tristate area, 26 of which are in New York City.

New locations include 23,000 square feet at 747 Third Avenue, two floors Read More

The Lawyers You Call

Kasowitz, Benson, Torres & Friedman Partner Wally Schwartz on NYC Gaming

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When Wally Schwartz accepted a position as head of real estate at Kasowitz, Benson, Torres & Friedman, a national firm with offices in New York, Houston, San Francisco and other major cities, the group had no transactional lawyers on its payroll and only supported a litigation platform. Over the past 14 months, however, Mr. Schwartz, formerly the head of real estate at Skadden, has tackled work for Starwood Capital in its acquisition of the leasehold interest at 1372 Broadway, and Boston Properties’ 500,000-square-foot deal with Citibank at 601 Lexington Avenue, while simultaneously expanding his department to nearly a dozen attorneys. Mr. Schwartz, a partner at the firm, spoke to The Commercial Observer last week about representing the gaming industry in its mission to break into New York. Read More