NYC vandal scrawls ‘Palestine’ on wall of Park Avenue Synagogue
Anti-Israel vandals have targeted another Jewish landmark in New York City, this time carving “Palestine” into one of Manhattan’s largest synagogues. According to the New York Police Department, the graffiti was discovered around noon Friday on the exterior wall of the Park Avenue Synagogue. The photo shows the word “Palestine” graffitied underneath the Bible verse, […]
Puerto Rican Day Parade descends on NYC’s Fifth Avenue for 67th year
A national parade celebrating Puerto Rican Day took place Sunday down Manhattan’s Fifth Avenue, in what organizers called the “largest display of cultural pride” in the United States. Now in its 67th year, the raucous event began near 44th Street and wound its way uptown along Manhattan’s boulevards, winding its way to East 79th Street […]
‘Toxic’ lawsuit driving down value of apartments at 432 Park Avenue
Eighteen units in a $1.5 billion luxury tower on Manhattan’s Billionaire’s Row that’s been home to celebrities like Jennifer Lopez are now for sale as the owners try to sell the apartments at a loss following a lawsuit alleging construction defects. Once the tallest residential high-rise in the Western Hemisphere, 432 Park Avenue has been […]
Metro riders react to fatal shooting at Potomac Avenue station | FOX 5 DC
Metro flags are lowered to half-staff to remember the life of one of their own. 64-year-old Robert Cunningham was killed trying to … source
Lower Fifth Avenue retail scene thriving after several high-profile deals
Manhattan’s retail industry is too complex to generalize. The New York State Real Estate Commission reports fewer stores are available and rents are higher than last year, but overall the situation is across the board. For example, Soho and Upper Madison Avenue are strong, while Broadway on the Upper West Side resembles a wasteland of […]
Park Avenue vacancy rate lower than before pandemic
It’s no secret that some midtown office hallways fare better than others. Still, Savills’ new research contains some notable findings. Park Avenue’s current vacancy rate of 8.9% not only compares favorably to Midtown as a whole at 17.6%, but also compared to Park Avenue’s pre-pandemic vacancy rate of 11% in Q4 2019. Excellent. Park Avenue’s […]
Kim Kardashian’s Skims leases space on NYC’s Fifth Avenue
Kim Kardashian’s popular shapewear brand Skims has acquired 20,000 square feet of space on New York City’s coveted Fifth Avenue for at least 75% less than previous tenant Versace paid. I leased it. This figure means Skims paid less than $200 per square foot for the property at 647 Fifth Avenue near East 52nd Street, […]
Park Avenue landlords boast new leases after glowing Sixth Ave. report
Park Avenue landlords are sounding the alarm after reporting last week that Sixth Avenue had regained a narrow lead over Park in terms of minimum percentage of available space. The Stahl Organization’s 277 Park Avenue location between East 47th and 48th Streets boasts an unreported 175,000 square feet of new and expanded leases signed in […]
Sixth Avenue reclaims title as Midtown’s No. 1 office-leasing corridor
6th Avenue has regained the title of Midtown’s No. 1 office rental corridor, as measured by lowest vacancy rates. It’s the latest change in leadership in the never-ending bragging rights battle with Park Avenue. Colliers reported that 6th Street’s fourth-quarter occupancy rate was 11.5% of available space, the lowest of any Midtown corridor and just […]
Boston Properties wrapping up $100M revamp of 360 Park Avenue South
No, the world hasn’t ended. That’s not the end of 360 Park Avenue South, the prewar office tower on East 26th Street that Boston Properties is completing over $100 million in relocation and renovation. Last week, the Canada Pension Plan Investment Board unloaded its 29% stake in Tower for just $1. The lucky payer of […]