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Lou Ceruzzi died that year, [8] and The Real Deal reported that the two firms were looking for a third development partner in 2018. [17] New York City developers including Extell and Zeckendorf were among the potential partners considered. [17] In 2018, Ceruzzi and SMI defaulted on the Mack loan. [18] Mack placed the loan for sale through HFF. [18]
Soho Properties and MHP Real Estate Services purchased the Parsons School of Design at 560 Seventh Avenue in 2014 for $62.3 million. In 2015, the same partnership purchased 19,772 square feet of unused air rights from the Neil Simon Theatre for $8.9 million to build a 238-room Dream Hotel at the 560 Seventh Avenue site.
[62] [63] Three years later, New York City Center proposed developing a four-theater complex, a film production center, and a new home for the American Film Institute on the site. [64] In 1973, Cushman & Wakefield and Skidmore, Owings & Merrill were hired to study the feasibility of constructing a large commercial showroom complex on the site ...
Consider the property in Armonk, N.Y., an hour north of New York City, that he bought for $375,000 in 1993. It’s unclear whether he still owns it, but if so its value may have multiplied 10 ...
New Yorkers can go “Back to the Future” with this restaurant’s comeback. The movie-themed restaurant chain Planet Hollywood, which shuttered its Times Square location during COVID, reopened ...
Silverstein Properties Inc. is an American family-held, full-service real estate development, investment and management firm based in New York City. Founded in 1957 by Chairman Larry Silverstein, the company specializes in developing, acquiring, and managing office, residential, hotel, retail, and mixed-use properties. The firm is New York City ...
Last month, we told you that the gargantuan 111 Eighth Ave., a building which occupies an entire city block in Chelsea, and which is home to Google's (GOOG) New York headquarters -- is for sale.
New York City's Theater District, sometimes spelled Theatre District and officially zoned as the "Theater Subdistrict", [2] is an area and neighborhood in Midtown Manhattan where most Broadway theaters are located, in addition to other theaters, movie theaters, restaurants, hotels, and other places of entertainment.
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