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 […]
Cyclists rage about horse carriages blocking new 10th Avenue bike lane
It’s not a stable situation. Bikers in the city are complaining that a Hudson Yards horse-drawn carriage driver driving into Central Park is violating their lane. Cyclists complain that buggies are jamming the newly widened bike lane on 10th Avenue between West 38th Street and West 52nd Street, forcing them to slow down or go […]
Gucci owner pays nearly $1B to scoop up tower on red-haute Fifth Avenue
Gucci's owners purchased a prime Fifth Avenue retail property on Monday for a whopping $963 million. This could mean an exit from its flagship store for rival fashion house Armani. Gucci's parent company, Kering, is building a 115,000-square-foot, three-story retail space at 715-717 Fifth Avenue at East 56th Street, at the base of a 28-story […]