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NYC luxury residential tower to feature secret ‘trophy’ space for commercial tenants

When does over 200,000 square feet of new office space opening in the middle of a tough market go unnoticed? When they're inside an eye-catching, 1,000-foot-tall, mostly apartment skyscraper on Fifth Avenue. Due for completion next year, the Lavina-led project at 520 Fifth Avenue is best known for offering 100 luxury condominiums. The KPF-designed tower […]

Two new tenants at famed NYC towers bolster luxury retail market

Two significant new leases have been signed in prime Midtown locations, providing a boost to Manhattan's overall luxury retail market and landlords. In a post-pandemic world of omerta, sources must remain anonymous. Strict non-disclosure agreements do little to keep information confidential and significantly reduce lawyers' billable hours. Our spies have revealed that Bonhams, the venerable […]

Luxury Yacht Disaster First Cause Of Deaths Revealed, No Signs Of Drowning

Four of the seven victims aboard the Baysian superyacht, which sank in August, are believed to have died from “dry drowning,” authorities said Thursday. The luxury superyacht, aboard Baysean, had 12 passengers and 10 crew when it sank off the coast of Sicily during a storm on August 19. Autopsies on the four victims found […]

Chris Cuomo rips ‘pay to play’ as DNC luxury suites go for $5M

Chris Cuomo slammed Democrats for promising to go after companies over price gouging, even as they charged big donors between $500,000 and $5 million for luxury suites at their Chicago convention. Cuomo, who was fired from CNN in 2021 after helping to settle sexual harassment allegations against former New York Gov. Andrew Cuomo, slammed Democrats […]

Saks Fifth Avenue owner developing luxury hotel, apartments in former department stores

Saks Fifth Avenue is considering expanding its brand into hotels and luxury apartments as it seeks to grow beyond the tough retail industry, according to information obtained by The Washington Post. Following the shock announcement that Saks’ parent company, HBC, would acquire rival Neiman Marcus for $2.65 billion, HBC is developing a hotel and 56 […]