Regions Northeast | New York
Sony Building Chosen Corporate Facility of the Year
May 7, 2008

Grubb & Ellis Co. has announced that 550 Madison Ave. was selected by the Mid-Atlantic Building Owners and Managers Association as Corporate Facility of the Year. Also known as The Sony Building, 550 Madison Avenue is managed by a Grubb & Ellis team led by John McGinley and Bart McDade.  As a result of the regional award, the building is now a contender for BOMA’s National Corporate Facility of the Year award, to be announced in June.

 
Recent New York Headlines
Carlton Arranges $630M Equity, Debt Recapitalization of Manhattan Retail Complex
July 03, 2008
Carlton Advisory Services announce the $630 million equity and debt recapitalization of the retail condominium at 666 Fifth Avenue in New York City.
666 Fifth Ave Carlyle, Crown Take Controlling Stake in 666 Fifth Ave. Retail for $525M
July 02, 2008
Kushner Cos. has sold a controlling interest in the 90,000 square feet of retail space at 666 Fifth Ave. in Manhattan to The Carlyle Group and Crown Acquisitions for $525 million, the companies announced today.
RSM McGladrey Leases 164,771 SF in Manhattan
July 02, 2008
CB Richard Ellis arranged a long-term, 164,771-square-foot lease renewal and expansion at 1185 Avenue of the Americas in New York City on behalf of RSM McGladrey Inc., a division of H&R Block.
PropertyShark.com, Corcoran Group Release First Corcoran Report
July 02, 2008
PropertyShark.com, in collaboration with the Corcoran Group, released the first Corcoran Report with sales data audited and supplemented by PropertyShark.com. The report covers Manhattan residential real estate sales for the second quarter of 2008.
World Trade Center to Endure Design Change
July 01, 2008
The World Trade Center, designed by Santiago Calatrava, will undergo a major design change, which is anticipated to  reduce millions from the center's budget, The Associated Press reported.