Nonprofit CompletePlayground Opening 40K-SF Indoor Kids Gym in the Financial...
A 40,000-square-foot activity center for children will open this fall in the Financial District. The nonprofit CompletePlayground inked a 15-year lease for space at the base of Tribeca Associates‘ 30...
View ArticleSunday Summary: Employees Gear Up to Return to Office as CEOs Put Foot-in-Mouths
It seems not a week goes by without another major company announcing a plan for returning to the office. This time, it was Blackstone Group saying it wants fully vaccinated workers to return to the...
View ArticleAllianceBernstein Takes Control of Tribeca Associates’ Moxy Hotel
The owner of the 30-story Financial District Moxy Hotel is giving it back to lender AllianceBernstein, in a deal valuing the property’s ground lease at $108.8 million. Tribeca Associates — led by Mark...
View ArticleLandscape Architect Hargreaves Jones Moves to 30 Broad
Landscape architect Hargreaves Jones moved its New York City office from Hudson Square to 30 Broad Street in the Financial District, Commercial Observer has learned. The Manchester-based firm signed a...
View ArticleClub Nebula Replacing Pronto Pizza in Theater District
A club will replace a pizza shop on the ground-floor of a historic Theater District building known as the Bush Tower. Lifestyle Mixx has signed a lease for 10,000 square feet at 135 West 41st Street,...
View ArticleHome Care Software Developer Ditching Long Island City for Bryant Park
A developer of home care software, HHAeXchange, will move its offices from Long Island City, Queens to the historic Bush Tower near Bryant Park, Commercial Observer has learned. The company signed a...
View ArticleJapanese Cheesecake Shop Opening First NYC Location in Theater District
Popular Japanese bakery Uncle Tetsu plans to bring its cheesecakes to New York City for the first time later this year, Commercial Observer has learned. Uncle Tetsu signed a seven-year lease for 1,000...
View ArticleKnotel Grabs Another Nearly 100K SF in Manhattan
Less than a week after nailing down 80,000 square feet around Manhattan, fast-growing coworking company Knotel secured another nearly 100,000 square feet in five buildings, the company announced. In...
View ArticleAllianceBernstein Refis Tribeca Associates FiDi Moxy Hotel With $105M Loan
Tribeca Associates nabbed $105 million from global asset management firm AllianceBernstein to refinance its construction debt on the nearly completed Marriott International Moxy Hotel at 143 Fulton...
View ArticleTribeca Associates’ Mark Gordon Talks About How He Built the Moxy and...
It was a mall that got Mark Gordon interested in hotels. As a young analyst at Sonnenblick Goldman, a then-prominent real estate investment bank, Gordon was junior on two deals. One was the refinancing...
View ArticleUnited Overseas Bank Lends $163M on Starwood’s 1 Hotel at Central Park
Starwood Capital has scored a $162.5 million refinance for its 1 Hotel Central Park at 1414 Avenue of the Americas, property records show. United Overseas Bank provided the debt, which replaces and...
View ArticleUnited Overseas Bank Provides $120M Refi for Bryant Park Office Tower
United Overseas Bank has lent $120 million to Tribeca Associates and Vanke to refinance their office tower at 130 West 42nd Street, property records show. The floating-rate loan refinances roughly $100...
View ArticleE-commerce Brand MM.Lafleur Inks Permanent Lease to Keep Bryant Park Showroom
Women’s apparel e-commerce retailer MM.Lafleur is making its pop-up showroom at 130 West 42nd Street near Bryant Park a permanent arrangement after signing a long-term lease at the Midtown building,...
View ArticleCommercial Music Production Company JSM Music Relocating to FiDi From Noho
JSM Music, a commercial music production company that has produced numerous Super Bowl commercials and has collaborated with brands including Budweiser, MasterCard, Kraft and Microsoft, is moving even...
View ArticleLaw firm, Design Agency Take Full Floors at 30 Broad in FiDi
Two tenants have signed deals totaling nearly 12,000 square feet at Tribeca Associates’ 30 Broad Street, Commercial Observer has learned. In one transaction, law firm Kaiser Saurborn & Mair inked a...
View ArticleCetraRuddy Leaving Soho for Rudin’s One Battery Park Plaza
Architecture and interior design firm CetraRuddy will relocate its New York City headquarters from Soho to the Financial District after signing a 22,894-square-foot lease at One Battery Park Plaza,...
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Woods Bagot Inks 11K-SF Deal to Relocate Offices to FiDi
Global architecture firm Woods Bagot has signed an 11,000-square-foot lease at 30 Broad Street to move its offices from Midtown, Commercial Observer can first report. The company will occupy part of...
View ArticleWeWork Nails Down 64K SF of Space on West 42nd Street
Shared workspace provider WeWork, one of the most prolific consumers of office space in New York City, has inked a 64,390-square-foot lease at the historic Bush Tower at 130 West 42nd Street, according...
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Talking Downtown, Hotels and the 1990s With Tribeca Associates’ Bill Brodsky
It was the early 1990s when Downtown leasing broker—and neophyte developer—Bill Brodsky plunked down around $250,000 to buy a 1915 Tribeca building with the notion that he would convert it from rentals...
View ArticleUnder Construction: A Look Inside the Renovation of 30 Broad Street in FiDi
In today’s Financial District, there are fewer business suits and expensive neckties and more sneakers and polo shirts. So when Tribeca Associates acquired a 99-year ground lease for 30 Broad Street in...
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