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Topic: GM Building

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Rents for midtown office buildings soaring

Wanna do business in midtown? Get ready to pay even more for top-of-the-line office space.. . Manhattan rents for the highest-quality offices rose...

NY Daily News |

Harry and William Macklowe officially split

NEW YORK (Reuters) - New York developer Harry Macklowe, who rolled the dice during the commercial property boom and lost the General Motors Building, officially split with his son, who has launched William Macklowe Co.William Macklowe, 42, took with him a team ...

Reuters US Online Report Domestic News |

Solow drops Conseco lawsuit over GM building in NY

<div><p>NEW YORK (Reuters) - Billionaire New York real estate developer Sheldon Solow has dropped his lawsuit accusing insurer Conseco Inc of fraud over the $1.4 billion auction in 2003 of the General Motors Building in midtown Manhattan.</p><p>Solow ...

Reuters US Online Report Business News |

Judge dismisses lawsuit over GM Building in NY

NEW YORK (Reuters) - A U.S. judge dismissed a lawsuit against Conseco Inc insurance and finance company over allegations of fraud in the $1.4 billion sale at auction in 2003 of the General Motors Building in New York.The lawsuit was ...

Reuters US Online Report Domestic News |

Polo Ralph Lauren Digs In at 650 Madison (Updated)

Polo Ralph Lauren, the luxury goods brand that, like so many other high-end firms, has seen its stock battered by the economic headwinds, is digging in at the trophy 650 Madison Avenue, between 59th and 60th streets.Sources have confirmed that Polo ...

The New York Observer |

'08 Greatest Hits: The GM Building Sale

It's New Year's Eve. Time to take stock of the biggest happenings in New York real estate in '08. GM Building Deal Closes I got great sleep last night, Mort Zuckerman said on Tuesday afternoon, the day after he and ...

The New York Observer |

Shine Off Trophy Tower Asking Rents

Not even Manhattans so-called trophy towers, known as such because their outrageous prestige and sky-high rents render them must-have items among top investors.So concludes Jones Lang LaSalle, which gave The Observer its most recent, and still unreleased, 2008 Skyline Review.Since ...

The New York Observer |

Report: 9 West 57th, GM Building Lone Hold-Outs on Incentives

From The Real Deal: "Nearly every building in the city, perhaps with the exception of 9 West 57th Street and the General Motors Building, is offering incentives to tenants. They include additional periods of free rent and higher tenant improvement allowances. The ...

The New York Observer |

In This Week's Observer...

Special Feature: Very Important Properties! The 28 emblematic buildings and developments of '08, including the GM Building, The Plaza, 111 CPN, Atlantic Yards, Coney Island, Fubar, Trump SoHo and the World Trade Center site.A couple splits their Gold Coast duplex to ...

The New York Observer |