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Sandro Rosell
FC Barcelona President
Sunday, September 24, 2017

Real Estate

With the giant law firm White & Case planning to move out of 1155 Sixth Avenue in 2017, the Durst Organization is investing $110 million to update the whole building in order to keep up with competition.

Over 92 percent of the 790,000-square-foot, 1984-vintage tower is leased, and with White & Case leaving a giant portion, more than 300,000 square feet, will be freed up. 

The Post reports, “Many of the improvements to the black granite-facade tower are already visible, including a new West 44th Street lobby and plaza. Also recently finished or soon to be completed: energy-efficient casement windows, new bathrooms, an energy-efficient curtain wall with floor-to-ceiling clear glazing at chamfered corners, new elevator cabs, and

Amidst a decline in its print business, the New York Times is selling off at least eight floors of its corporate headquarters in Manhattan. At least 400 New York Times employees will have to be temporarily moved to nearby offices while the building is rearranged. According to a letter the Times sent to its employees, the current office setup was found to make employees “less collaborative” and it was simply “too expensive to occupy this many floors when we don’t truly need them.”  But, the

The 47th Real Estate and Construction Industries Dinner Dance was held at the Hyatt hotel on Saturday December 10, 2016 with cocktails beginning at 6:30 PM.  The night which was referred to as “A Winter’s Evening” certainly was-with temperatures reaching into the low 20’s.  The event raised funds for the world-class research and compassionate patient care at National Jewish Health, the largest respiratory hospital in the nation.  

National Jewish Health is an academic

Large financial service companies are beginning to hunt for new offices, in anticipation of their lease expirations. Firms occupying hundreds of thousands of square feet often need several years to find new office space and to move. Leading asset management firm, Alliance Bernstein, will see its lease expire in 2024. According to the Wall Street Journal, the company has already begun scouting for space to replace its current 600,000-square-foot lease at 1345 Sixth Avenue.  Prospective

Throughout his lifetime, Mr. Harry Silverstein accumulated hundreds of rentals apartments in the three boroughs of Brooklyn, Queens and the Bronx. Numerous properties in his portfolio date back to the 1960s. Now, shortly after his passing, his valuable acquisitions may be sold by his son Mr. Eric Silverstein. A&E Real Estate Holdings, one of the most aggressive buyers of multifamily properties, is interested. As reported by the Real Deal, A&E is in talks to pay $275 million to the