Fresco by Scotto, owned by NY anchor Rosanna, extends its lease at 485 Madison Ave.
Fresco Launches New Brunch Experience Amid Changes in Midtown Fresco, an Italian restaurant co-owned by Rosanna Scotto, has introduced its Saturday brunch for the first time this October, complete with live DJs, bringing a fresh vibe to Midtown. Rosanna, known for her role on “Good Day New York,” has deep ties to the restaurant. It’s […]
Earnings call from Paramount Group disclosed a major new lease, followed by another one.
Paramount Group’s Second Quarter Revenue Insights During a recent earnings call, Paramount Group discussed significant leases that weren’t previously reported, alongside a new lease that was signed after the quarter closed. CEO Albert Beller shared with analysts that 1301 Sixth Ave., a key asset in Midtown, successfully signed a lease with investment bank Piper Sandler […]
Investment company Starr secures a lease at 1177 Sixth
The global insurance and investment firm Starr has made a move to Silverstein Properties’ 1177 Sixth Ave. They’re taking on a new lease of 49,264 square feet, which will complement their existing office space at 399 Park Ave. According to sources, the lease rate is around $80 per square foot. Starr will occupy the entire […]
Rent Board’s rules on lease increases won’t help tenants, according to landlords.
Recently, the Rent Guidelines Committee moved closer to harming the housing market by proposing rent increases that fall below what landlords need to cover their costs. Most members, appointed by Mayor Eric Adams, have tentatively approved rent hikes of 1.75% to 4.75% for two-year leases, and 4.75% to 7.75% for one-year leases. The board is […]
Amazon still expanding in NYC with Bryant Park lease
Amazon’s 330,000-square-foot lease at 10 Bryant Park, or 452 Fifth Ave.- at West 40th St., is big news for Jeff Bezos’ ever-growing giant, as well as for the midtown office market. Previous deals at HSBC Tower were closed last week, Real Deal reported. Realty Check first reported consultations last October, and things have since moved […]
DOGE Cancels Lease for Obama Presidential Library
Reports say the Office of Government Efficiency (DOGE) has cancelled the lease at the Obama Presidential Library in Chicago. Doge now has a library at Hoffman Estate in Chicago, which is on an extensive list of federal lease ends. However, since the library was already closed and planned to move to a new location, the […]
NY shelter dog gets new lease on life with teen’s 3D printed prosthetic leg
The three-legged shelter dog is earning a new lease thanks to high school robotics Whiz and the 3D printed prosthetic leg they dreamed of to help dogs get adopted more easily. The heartwarming story begins when a school counselor approached Sarah Barros, 16-year-old leader of the Southampton High School robotics team, with an extraordinary opportunity […]
‘Exciting chapter’: Interior Sec takes aim at Biden oil lease ban, ‘coercive’ climate policies in Day 1 orders
President Donald Trump's administration has begun internal surveys on the actions of energy development organizations that are “forced” climate policy and oil leases prohibited and “burden”. We aim for environmental rules and regulations. Secretary Doug Burgam, who was sworned on Friday, spent the first day to strengthen Trump's agenda and make six new orders to […]
NYC mainstay Bryant Park Grill loses bid to renew lease — for fancier restaurant from Jean-Georges Vongerichten
For 30 years, the owner of the famous Bryant Park Grill, which is the mainstay near the public library in Midtown, has not been updated after supporting a fancy restaurant led by famous chef Ganjorjevongrichiten. It was still smoked. Despite the Bryant Park Corporation, Michael Wine Stein argued that despite the awarded a new 18 […]
Mauritius holds out on Chagos Islands deal over Diego Garcia lease | Chagos Islands
Mauritius is holding out over a deal to take control of the Chagos Islands from Britain, with less than a month left for ministers to salvage the deal. The Mauritian government, which took office last month, has made it clear that it is dissatisfied with the terms negotiated by the previous government. Over the weekend, […]