NEW YORK – Dreams, a TV app designed for your phone, launched publicly last month with ten mobile TV channels offering live news and entertainment. The app’s made-for-mobile TV channels were built in collaboration with media partners including Discovery and Bloomberg Media Distribution, and include content licensed from BBC Studios. Dreams also announced it has raised […]
Month: June 2018
Brooklyn Navy Yard Project Could Add 1,000 Jobs
NEW YORK — The Brooklyn Navy Yard Development Corporation and Steiner NYC today broke ground on 399 Sands Street, the latest addition of manufacturing and creative office space at the 300-acre Brooklyn Navy Yard and a key component of Steiner’s Admirals Row project. Deputy Mayor for Housing and Economic Development Alicia Glen announced a $40 […]
Howard Hughes Corp. Buys 250 Water St.
NEW YORK — The Howard Hughes Corporation has purchased a one-acre property for $180 million at 250 Water Street in Lower Manhattan from Peck Slip Associates, an entity controlled by the Milstein family. The one-acre site, currently used as a parking lot, encompasses a full city block bounded by Peck Slip, Pearl Street, Water Street, and Beekman Street. The […]
Westgate Buys Former Hilton Hotel on East Side
Westgate Resorts has acquired the former Hilton New York Grand Central, a 23-floor, 300-room, two-tower hotel located in the historic Tudor City neighborhood in Midtown Manhattan’s East Side. The hotel has been rebranded Westgate New York City. “It is with great excitement that I announce Westgate has purchased its first urban hotel located in none other […]
Murray Named New WSJ Editor
NEW YORK – Matt Murray has been named the new Editor-in-Chief of The Wall Street Journal and Dow Jones Newswires, succeeding Gerard Baker, who will move to a new position as the Journal’s Editor-at-Large, which will include regular writing and hosting the paper’s expanding network of conferences and events. Baker will also host a new […]
Midtown Tower Sold for $332.5 Million
NEW YORK — Columbia Property Trust has sold a 25-story office tower at 222 East 41st Street in Midtown Manhattan to Commerz Real, the real assets investment manager of German Commerzbank, for a gross sales price of $332.5 million. The 390,000-square-foot Midtown East tower had been essentially fully occupied by one tenant since 2007, in […]
Simpson Thacher Teams Up With Columbia Business School
NEW YORK — The law firm Simpson Thacher & Bartlett is teaming up with Columbia Business School Executive Education to launch STBReady, an new training program designed to prepare Simpson Thacher’s incoming associates to do more sophisticated legal work, more efficiently, earlier in their careers. The evolving nature of legal work due to technology innovations […]
PUMA Signs Lease at 609 Fifth Avenue
NEW YORK — SL Green Realty Corp. has signed a long term, 24,000-square-foot retail lease at 609 Fifth Avenue with sneaker maker PUMA where it will build a flagship store. Located on the corner of Fifth Avenue and 49th Street opposite Saks Fifth Avenue, the property sits at the heart of Manhattan’s most recognized shopping corridor. The location used to be home […]
Paxos Grows With $65 Million
NEW YORK — Paxos, a financial technology company utilizing blockchain, has closed a $65 million Series B round of financing. The round was led by existing investors including Liberty City Ventures, RRE Ventures, Jay Jordan and others. Paxos has now raised a total of $93 million in capital to date. The company is using the new resources to significantly scale operations and […]
Southwest Adds New Flights From LGA
Southwest Airlines, the nation’s busiest airline, is expanding service from New York’s LaGuardia (LGA) Airport beginning this fall. Beginning Nov. 4, 2018, Southwest will add new nonstop service between: New York (LaGuardia) and New Orleans New York (LaGuardia) and West Palm Beach, Fla.* New York (LaGuardia) and Orlando* *Service is offered on Saturdays beginning Nov. […]
United Opens Polaris Lounge at Newark Airport
NEWARK, NJ — Starting on June 4, customers traveling in United Polaris, the airline’s international premium cabin travel experience, will be able to relax and dine before their travels in the new United Polaris lounge at Newark Liberty International Airport that seats up to 455 people. The new United Polaris lounge is located in Terminal […]
NYC to Designate 309 Parking Spots for Carsharing
NEW YORK — Mayor Bill de Blasio announced that the City will dedicate 309 parking spots to carshare programs: the NYC DOT will dedicate 285 parking spaces through the DOT NYC Carshare pilot for Zipcar and Enterprise CarShare vehicles on streets in select neighborhoods as well as in DOT municipal parking lots, while NYCHA will […]
Chick-Fil-A to Build 3 More NYC Stores
Fast food chain Chick-fil-A is continuing to expand into Manhattan. The Atlanta-based company plans to open three new Manhattan locations at 918 8th Avenue (Midtown), 700 6th Avenue (Flatiron District) and 711 Lexington Avenue (Midtown East). The restaurants are expected to open in late 2018 and early 2019. There are currently four Chick-Fil-A restaurants in […]