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Sandro Rosell
FC Barcelona President
Monday, April 24, 2017

Real Estate

On Thursday, December 15, an indictment was unsealed charging Shalom Lamm, Kenneth Nakdimen, and Volvy Smilowitz, a/k/a “Zev Smilowitz,” with conspiracy to corrupt the electoral process, in connection with an election in Bloomingburg, New York. Lamm and Nakdimen were in the process of building 396 townhouses in the small village of 420 inhabitants in Sullivan County in the foothills of the Catskills. While Smilowitz was described as a business associate of the developers. Preet Bharara, the United States attorney for the Southern District of New York, whose office is prosecuting the case, also announced that Harold Baird, the former supervisor of the Town of Mamakating, which contains Bloomingburg, has pleaded guilty to submitting

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

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

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