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Stuck in the Middle With You: Jersey to the Left, Downtown Brooklyn to the...
Bruce Surry stumbled into lower Manhattan much the way he got into brokerage in the first place: by seizing on opportunities as they arose. It was the mid-1970s and Mr. Surry was a sales executive at...
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Sentry Centers to Open New Conference Center at 32 Old Slip
Sentry Centers, a company that already operates two conference centers in Midtown Manhattan, has signed a deal to lease a 38,750 square foot space at 32 Old Slip. In signing the lease, Sentry Centers...
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The 2012 RE-Entrance Exam
With school back in session earlier this month, The Commercial Observer reviewed its library of leather bound text books and plucked at random a collection of 15 entry-level real estate trivia...
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Convene Conference Centers Bring Cutting-Edge Technology to Commercial Retail...
New York’s leading developer and operator of urban day conference centers, Convene, is getting ready to open its newest center at 101 Park Avenue in December. The company’s most recent center at 32 Old...
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RXR in Contract to Buy 32 Old Slip for $675M
32 Old Slip. (CoStar) RXR Realty is in contract to purchase the 1.2-million-square-foot Class A commercial building at 32 Old Slip from Beacon Capital Partners for $675 million, a source with intimate...
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Old New York: 32 Old Slip
1983-1987 32 Old Slip. New York real estate developer HRO International wins a bid to purchase a building site at 23-43 Old Slip, originally held by the United States Assay Office—the last public gold...
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Power Lawyers: The MVPs With a JD
The developers may build the properties and the brokers may sell or lease them, but it’s the real estate attorneys that make sure the deals close—and on time. In a year with a lot of eye-popping...
View ArticleRXR’s Bill Elder on the Bourdain Food Hall and Scott Rechler’s Breakfasting...
When William Elder left Reckson Associates Realty Corp. following the company’s 2007 sale to SL Green Realty Corp., he didn’t really think he’d again work with the company’s chief executive officer and...
View ArticleLegal Arbitration Group Takes 47K SF in FiDi
American Arbitration Association, a legal nonprofit that helps people resolve conflicts out of court, has subleased nearly 47,000 square feet at 32 Old Slip in the Financial District, Commercial...
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Ryan Simonetti and Christopher Kelly on the Evolution of Event Space Provider...
In early 2011, William Elder, an executive vice president and the managing director of RXR Realty in New York City, received a call from Ryan Simonetti, a young real estate executive he knew. Simonetti...
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Convene to Bring Social Events to New 28K-SF Space at 75 Rock
On-demand meeting space provider Convene has signed a 28,232-square-foot lease at RXR Realty’s 75 Rockefeller Plaza for a new location, Commercial Observer can first report. The space will be the...
View ArticleLaw Firm Cahill Gordon & Reindel Takes More Than 200K SF at RXR’s 32 Old Slip
International law firm Cahill Gordon & Reindel has signed a lease for over 200,000 square feet at 32 Old Slip in Lower Manhattan. Landlord RXR Realty negotiated a 20-year lease with the firm for...
View ArticleAt 32 Old Slip, Alliant Takes 56k SF and Decoded Advertising Nabs 16K
Alliant Insurance Services, a commercial insurance brokerage, has leased just under 56,000 square feet at 32 Old Slip, while Decoded Advertising, a creative agency, nabbed close to 16,000 square feet...
View ArticleMesa West Lends $404M on RXR’s 32 Old Slip
RXR Realty has sealed a $404 million refinance for its trophy office property at 32 Old Slip, Commercial Observer has learned. Mesa West Capital provided the floating-rate, five-year loan. The deal...
View ArticlePolicygenius Signs for 85K SF in RXR’s Financial District Tower
Policygenius, a startup that facilitates buying insurance, has inked a roughly 12-year lease for 85,000 square feet at RXR Realty’s 32 Old Slip, Commercial Observer has learned. The firm, which is...
View ArticleVisual Effects Company Leaves Soho For Financial District
Visual effects studio FuseFx has inked a deal for a new office and production space at RXR Realty’s 32 Old Slip in the Financial District, Commercial Observer has learned. The company, which creates...
View ArticleSunday Summary: The Power List Survives!
Back in March, as the world was crumbling before our eyes, Commercial Observer made a decision: It would look silly to run our annual list of the 100 most powerful people in real estate in April when...
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Tradition, Progression, Ambition: RXR Makes Downtown the Right Choice for All...
Over the past decade, the Financial District of Manhattan has been on the up and up and more than just financial. In the commercial real estate sphere, the traditional tenants of financial and...
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Changing the Office Landscape: Becoming 24/7 Environments
Members of today’s workforce do not clock in and out of their jobs, maintaining the same strict separation of work and personal life as the previous generation did. While this means employees are more...
View ArticleFintech Firm Hudson River Trading Expands at 3 WTC
Fintech firm Hudson River Trading will expand its 3 World Trade Center offices by 75,207 square feet, landlord Silverstein Properties announced. Hudson River Trading signed a 13-year expansion for...
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