Jacksonville, Florida-based EverBank has inked a 5,118 square feet sublease at its first New York location at 780 Third Avenue in Midtown East, The Commercial Observer has learned.
The sublease from Valley National Bank is for part of the 16th floor, which was already built out and designed for the needs of a bank, making for a perfect match.
“We acted immediately when we found out that Valley National was offering space at this location,” said CBRE’s Arkady Smolyansky, who represented EverBank with Gerry Miovski and Oliver Barakat, who works out of CBRE’s Florida offices. “The space at 780 Third Avenue was already built and furnished, allowing us to get EverBank a great space quickly and with minimum up-front capital expenses. It made a lot of sense.”
Two years ago, Bruce Ratner sought to ease a shrinking budget and appease swarms of critics who lambasted the original rendering for a residential tower at Atlantic Yards in Brooklyn as a “Lego-like” atrocity.
Like a frustrated schoolboy, he punted the plans to erect a set of oddly arranged giant blocks, shoving designer Frank Gehry Read More
TIAA-CREF has purchased 1511 Third Avenue on the Upper East Side from Related Companies for $60 million, sources tell The Commercial Observer.
The 60,000-square-foot property is a four-story landmarked building, one block south of East 86th Street, the main retail artery in the neighborhood.
The Neverending Story
With Condé Nast’s move to 1 World Trade Center all but official, ground zero has gotten a much-needed flash of panache. With Ralph Lauren soon pulling up in his limo and Rick Hertzberg rolling up on his bike, wouldn’t it be nice for them to have somewhere to take in a show? The Read More
Tales of Retail
Who doesn’t love bartenders in bikinis? Besides the prudish Gray Lady, that is.
The Times has a story about Nassau Bar, located on the street bearing its name, a downtown institution to rival Fraunces Tavern where cheap shots and cold beers have been slung by bikini-clad bartenders since at least 1983. Tips are encouraged, photographs Read More
Since he launched The Atlantic Yards Report in 2006, Norman Oder has written 3,747 blog posts on the contentious Brooklyn development project. It’s probably enough to fill an encyclopedia, let alone a lowly paperback.
But that is exactly what Mr. Oder is setting out to do, when he announces later today—in his 3,748th post—that Read More
Frank Gehry-designed residential skyscraper, developed by Ratner, reaches 867 feet. It’s the city’s tallest! Read More
A walk-through with Bruce Ratner of New York’s tallest residential tower. Read More