Lease Beat

Harbinger Group Leases Soho Space

64 Wooster Street.

Publicly traded holding company Harbinger Group has landed a new lease in Soho, Commercial Observer has learned.

The company, which is run by hedge fund manager Philip A. Falcone and is an affiliate of the hedge fund Harbinger Capital Partners, took 6,000 square feet on the third floor of Zar Property‘s 64 Wooster Street between Broome and Spring Streets, according to sources with knowledge of the deal. Read More

Lease Beat

Nonprofit Publishing House Moves to 120 Wall Street

120 Wall Street

The New Press, a not-for-profit publishing house, has signed an 8,149-square-foot lease on the 31st floor of Silverstein Properties120 Wall Street.

When reached for comment, a representative of The New Press confirmed the relocation, adding that the publisher moved to 120 Wall Street from 38 Greene Street in Soho in mid-December. Silverstein Properties also confirmed the lease. Read More

Lease Beat

Scottish University Takes Soho Space


Glasgow Caledonian University, one of the largest universities in Scotland, has signed a 15-year, 13,500-square-foot lease for the entire ground floor and lower level at 64 Wooster Street in Soho.

The school, which traces its history back to 1875, has plans to link its New York campus with a sister institution in London—GCU London—and the British School of Fashion based there. GCU’s New York location will offer courses in fashion business, luxury brand management and marketing, as well as broader executive education programs. Read More


Ballroom Waltz: A Minute-By-Minute Account of Last Night’s REBNY Gala

REBNY Ballroom final

Thursday’s Real Estate Board of New York gala packed an estimated 2,400 guests into the Hilton New York’s overstuffed Grand Ballroom—an increase from last year by about 200. The Commercial Observer walked the room, hobnobbed with brokers and landlords and taste-tested a dinner of steak and potatoes while washing it all down with a few stiff drinks. Staff Reporters Karsten Strauss and Al Barbarino get the inside dish.

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