Regions Northeast | New York
$660M Sought for Empire State Building Makeover
May 5, 2008

The Empire State Building will get a massive makeover if Peter Malkin, chairman of  Wien & Malkin, has anything to do with it. According to a Bloomberg article, Malkin, who heads Empire State Building Associates L.L.C., the controlling entity of the 1.7 million-square-foot tower in Midtown Manhattan, is calling on fellow principal owners to scurry up financing to fund the celebrated 102-story 77-year-old skyscraper's renaissance.


 
Recent New York Headlines
201 W 92nd Manhattan Apartment Sold to Local Investor
July 18, 2008
A partnership including Kent Swig of Swig Equities L.L.C. has sold a pair of pre-war apartment buildings on Manhattan’s Upper West Side to a locally--based operator of residential and mixed-use properties for $61 million, or about $450 a square foot.
logo Merrill Lynch Backs Out of Plans to Move HQ to WTC
July 17, 2008
The Port Authority of New York and New Jersey confirmed today that Merrill Lynch has pulled out of plans to locate its headquarters at a new office tower to be constructed at the World Trade Center site in Lower Manhattan.
Brooklyn Land Parcel Sells for $22M
July 17, 2008
In a transaction valued at $22M, Kalmon Dolgin Affiliates arranged the sale of a 42,000-square-foot development site on North 3rd Street in the Williamsburg neighborhood of Brooklyn, N.Y.
Computer Technology Company to Give $1.5B to New York Projects
July 15, 2008
New York City Governor David Paterson announced IMB Corp.'s intention to invest $1.5 billion in certain upstate New York projects with the state donating $140 million in development grants, Reuters reported today. The financing is expected to generate 1,000 high-tech jobs, according to the paper.
CBRE Promotes 2 to VP
July 14, 2008
CB Richard Ellis has promoted Steven Robinson, in the Retail Services Group and Roshan Shah, in the company’s Global Brokerage Services Group, to vice president in its New York City office.