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According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
In 1999, Stillman announced initial public offering (IPO) to open at least three Smith & Wollensky restaurants every year around the U.S. [4] The IPO took place in 2001 with a price of $8.50, and raised $45 million.
At the time, the real estate market in New York City was growing, and Equitable had projected that the building would generate $40 million in gross income by 1991. [172] In 1985, Tishman Speyer formed a limited partnership, 1515 Broadway Associates LP, to assume ownership of the building; the partnership's only asset was One Astor Plaza. [173]
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.
New year, same old real estate market: The high mortgage rates, scarce inventory and dismal affordability that have plagued housing look set to linger. NBC Universal 25 days ago The housing market ...
On November 7, 2013, Landmark Theatres announced they would open an eight-screen complex in Capitol Point, an emerging mixed-use development along New York Avenue in Washington, D.C. [27] On January 8, 2014, Landmark announced a six-screen cinema at Atlantic Plumbing, [ 28 ] a new mixed-use community at 8th and V Streets, also in Washington, D ...
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