July 2013 – Commercial Observer

ING Leases 144,000 SF at Iconic 230 Park Avenue

Developer Pays $15 M. for McDonald’s Lot in Park Slope

Clouding Our Judgment: Plenty to be Wary About in the Cloud

Regency East Co-op Scoops Ground Floor Retail Units for $5.5 M.

RKF’s Bowery Bustle, Mapped

Asphalt Green Launches Ad Blitz Attacking Trash Transfer Station

Google Fiber Fever to “Hit Your Neighborhood”—Maybe

Picturing the Office Stairwell of the Future

Rent Stabilization’s Fall Favors Manhattan’s Wealthiest: New York Times

Seeing Past the Words “Side Street”

Double-Digit Job Growth Fueled by Non-Office Sectors

Nordstrom Rack to Open in Downtown Brooklyn Next Year

Sprint to Provide All 277 Subway Stations With Wireless Coverage

Rise of the Machines: Robot Garage Will Be North America’s Largest

The Trophy Agent: RFR’s Steve Morrows

A Tangled Web of Infrastructure, Literally

Brown Harris Stevens Sells Pre-war ‘Gem’ for $18.5 M.

Designer Boyoung Kim Inks Deal on UWS for First NYC Boutique

Flagship Retail Locations Could Spell REIT after Hudson’s Bay, Saks Deal

Grand Central Availability Rate Highest Among Midtown Markets

What the Motor City and the Big Apple Have in Common

As the Summer Sets in, Seek Reflection in Your Accomplishments

Steinway Hall’s Final Movement Begins Following $131 M. Sale

Does Wifi Actually Add Lease Appeal?

Leviev Jewels Stolen in Cannes

Why Businesses Have Their Head in the Clouds

The Broker’s Guide to Making an Entrance … or an Exit

Droga5 Ties Relocation to 154 Person Job Creation

IMG Worldwide Expands at 304 Park Avenue South

Pandora Media Takes 52K at 125 Park Avenue

Equinox Inks Battery Park City Location

One-on-One with a ConnectNYC Fiber Challenge Winner: Luxury Lingerie Store Journelle

Dragados Consolidates New York Offices at 810 Seventh Avenue

Mayoral Candidates Weigh in on Tech Expansion: Jack Hidary

Northern Trust Inks 25,000-SF Deal at Financial Services Beacon 40 West 57th Street

IDEO Relocating in Soho

Tennis Association Pledges $10 M. for Queens Park

Pelli Clarke Pelli to Design New 296,000 SF Trinity Church Tower

The Wireless Debate: Untangling Those Pesky Cables

Art Comes to Vacant 1114 First Avenue

NYC Launches Second Round of ConnectNYC

New Bid Could Complicate Empire State Building REIT

Park Slope Continues to Soar Post-Barclays With $15 Million Sale

Going, Going, but not Gone Yet: No Related Bid for Sotheby’s Headquarters

Why Brooklyn Is Hot Right Now

Summer in Bloomberg City

Microwave Broadband: An Alternative to Fiber

10gen Expands at Former NYT Building

Leasing Activity Remains Steady at Boston Properties’ 510 Madison

Wired City, by the Numbers

Retail Condo on Major Stretch of Atlantic Avenue Hits Market

DZ Bank Renews Nearly 30,000 SF at 609 Fifth Avenue

Regus Adapts as Work Habits Change

100 Million: Lower Manhattan’s New Surplus

Gadget-Laden Kids’ Hangout Could Replace Failed Nightclub in Park Slope

NY Daily News Sides with REBNY on Landmarking Debate

If You Build It, They Will Come: Chattanooga’s Broadband Leaders Speak

Diligent Joins the ‘Family’ at 1385 Broadway

Sale of 425 Lexington Tops $664 M.

SL Green’s Ed Piccinich on His Renewed Lease on Life

Riding the ‘Boomcession’ with Colliers International’s Michael Cohen

Debunking Broadband’s Biggest Myths With Roslyn Layton

Marcus & Millichap Expands NY Office By 6,100 Square Feet

Jacobs Engineering Sublets, Expands at Two Penn Plaza

World Business Lenders Signs Lease for New ‘Tower 45’ Headquarters

Price Difference Between Midtown South and Midtown Narrowest in Recorded History

Property Sales Volumes Down, Values Continue Soaring

Class B Rents in Midtown South Surpass Midtown

Downtown Residential Development Site Sells for $223 Million

Priceline.com Relocates New York Office

The Bubble Has Formed! Should I Reinvest in My Business Now?

Housing Your Startup in a Broadband-less Building? Try a Mobile Hotspot.

Trunk Archives Doubles Space in Soho

Project Runway Winner Leanne Marshall Opens Studio in Midtown

32 New York City Parks Get Wired

Ready or Not, Follow My LEED

HAKS Adds 25K Square Feet at 40 Wall Street

Growing 3D-Printing Startup Takes Full Floor at 419 Park Avenue South

An Attempt to Bring Resiliency to the Commercial Masses Leaves Some Things Unaccounted For

How to Stay Wired: Powering Through Natural Disasters, Sandy or Otherwise

NY-Presbyterian Chips Away at Billion-Dollar Expansion

Tech and Media Moving in at Moinian’s 37 West 17th Street

Mayoral Candidates Weigh in on Tech Expansion: Christine Quinn

Howard Hughes to Donate Rent Proceeds from SEE/CHANGE to Post-Sandy Recovery

Midtown East Rezoning Amended to Appease Critics

Mayoral Candidates Weigh in on Tech Expansion: John Catsimatidis

The Modernization of the WPIX Building

Blackhouse Development Plans Three Manhattan Condo Buildings

Mayoral Candidates Weigh in on Tech Expansion: John Liu

Law Firm Relocating to 17 State Street

Rudin Family Makes 73,000-SF Connection with Interconnection Services Giant Telx

A Secular Shift in Midtown South

Leave the Stone Age, Part I: Pricing the Cost of Construction in the 21st Century

5Pointz Residential Redevelopment Inches Closer to Approval

Municipal Broadband: What Chattanooga Has That New York Doesn’t

The Rise of Midtown South, Continued

Broadband Horror Stories: It Can Happen to You

Real Estate Journalism Group Recognizes The Commercial Observer

Regus Signs Deal at 31 Penn Plaza

Port Authority Eyes Brokerages as 4 Times Square Vacancy Looms

And Now for the Rest of the Story

The Lower East Side and the East Village: Meccas for Concept Creativity

Welcome to the South Street Tweeport! Downtown Tourist Trap Aims for Cool, Cool Summer

East Village Church and Possible Cemetery Look Headed to Demolition

Pinsky to Spearhead RXR’s Emerging Market Strategy

Twilight of an Era: Seth Pinsky Leaving EDC for RXR Realty

The Observer Launches Wired City

Growth of Fiber Broadband in NYC Not Just Beneficial to Tech Sector: Analysts

Sign of the Times: Michael Kimmelman on Madison Square Garden

Lower East Side Commercial Building Asks $32 M.

Getting Wired: More Difficult Than Most Landlords Realize

The World According to Riggs Kubiak, Honest Buildings’ Visionary CEO

Muscle Maker Grill, Made Homeless by Sandy, Signs New Chelsea Lease

Lawsuit Alleges FCRC Modular Project Violates Code

Fiber Broadband: What Is That?

Manhattan Real Estate’s All-Star Lineup

If You Are Selling, Retain an Exclusive Agent

Finding a Work/Life Balance in Brokerage

Corrupt Developer Heads to Brooklyn Federal Court

Law Firm Renews at 561 Seventh Avenue

Muriel Siebert, First Woman of Finance, Signs on New Floor at Lipstick Building

Zaha Hadid Designing Related Condo Building

Office Property Sales Double in Second Quarter: Eastern Consolidated

REBNY Report Throws Hammer Down on Landmarking

Williamsburg Mixed-Use Property Sells for $28.75 Million

Leasing Activity Continues at 101 Park Avenue

Two Harlem Development Sites Sell for $6.6 Million, Hotel Could Rise

Angelo Gordon Adds 34K at 245 Park Avenue

Times Square Welcomes Buffalo Wild Wings

Reebok Fit Hub Opening on Third Avenue

Check Out “Castle Within A Castle” Space at 150 West 22nd Street

British Candy Shop to Reopen in West Village This Month

Tarter Stats O’Toole Announces Exclusive Assignment in Sizzling Noho

Zar Property NY Markets Soho Retail Space ‘Without Retail Rents’

How Healthy Are the Tech and New Media Industries?

Creative & Tech: Not Just North Brooklyn Anymore

St. Giles School Doubles Space at 330 Fifth Avenue

Ad Firm Umbrella Group Signs for Big Flatiron District Expansion

Symantec Corporation Signs 24,100 SF at Vornado’s One Penn

ValueOptions Takes 19,100 SF in Relocation to One Penn Plaza

SAP Snags Additional 31,000 SF at Hudson Yards

TPG Architecture Moves to Garment District, Increasingly A Midtown South Alternative

Tiger Management Renews at 101 Park Avenue

The CompStak Office Index

Investment Manager Renews and Expands at 717 Fifth Avenue

6,300 Square Feet of Prime Soho Retail Hits the Block

Treetop Development Pays $13.6 M. for Harlem Mixed-Use Property

Dropping the Midtown Sublease Fat

Klosed Properties Scoops Little Italy Retail Condo

Former Bed and Breakfast Sells for $8.6 M.

Glenwood Lured into Condo Market as Pricing Soars

Leslie Himmel: The $500 Million Woman

The Return of the Mega Deal

CorpBanca Relocating to 885 Third Avenue

Winick Builds on Garden State Expansion With Jersey Investment Sales Division

Mom and Pop Supermarket Coming to Mercedes House

The Office Condo Market Is Back

The June Jobs Report: Good or Bad?

Manhattan Matches Washington, D.C. as Tightest Office Market

Port Authority Awards World Trade Center Property Management Job to C&W

Sleep Studio Awakens in SoHo

RFR and Kushner Companies to Acquire Watchtower Dumbo Properties

Who’s the Boss? The Tenant or the Landlord?

Skyway Development Group Expands Flatiron Portfolio

CVS Inks on Lower East Side

Laser & Skin Surgery Center of New York Inks 6,654-SF Murray Hill Deal

NYPL’s 58th Street Branch Renews

IPG Subsidiary Gotham Inc. Inks 25,000-SF Deal at 104 West 40th

Online Charity Relocates in Midtown

Saving on Construction Costs Is Within Every Owner’s Grasp

Storefront Aims to Create Pop-Up Marketplace

New Construction City

Tiger Global Management Joins Triple Digit Rent Club

52 Vanderbilt Avenue Welcomes SocialFlow

‘Bagel Man’ Tops Bids for Empire State Building: Updated

Urban Outfitters Finalizes Mammoth Deal for “Lifestyle Center” at 1333 Broadway

Return Path to Relocate in Midtown South

Brooklyn Development Site Sales Surge: Report

Time Warner Deal Imminent at Hudson Yards

American Realty Capital Properties Acquires American Realty Capital Trust IV in $3.1 Billion Merger

The Next Hot Submarket?

The Signature Gets the Worm

West Side Residential Site on the Market

Joe Sitt Makes Latest Bid for Empire State Building, Malkins ‘Reviewing’

Interest Rates are Rising: Relatively Speaking, They’re Still Extraordinarily Low

SL Green to Sell 333 West 34th Street for $220.3 Million

Sleepy’s to Bed Down on 34th Street

Enclos Corp Expands at the Empire State Building

It’s Right in Front of You: The Art of Adaptive Reuse