Author Archive for: DinaP
About DinaP
This author has not written his bio yet.
But we are proud to say that DinaP contributed 39 entries already.
Entries by DinaP
RFR is transforming and reimagining 522 Fifth Avenue. By uniting the retail condo with the office tower once again, the visionary Aby Rosen is creating a signature building for a new corporate headquarters once Morgan Stanley departs. Marcus & Pollack is thrilled to be a part if the team – focusing on property tax reductions and abatements aspects for the development project.
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Heigh-ho, heigh-ho Heigh-ho, heigh-ho It’s back to work we go
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New York has begun to show its mojo is back. This Bloomberg article points out that New Yorkers are awakening from the depressing lockdown and springing back to life in ways that will bring its full energies to the fore. Tourism, office workers returning, excitement and optimism “Roaring back to life”. Let’s all rejoice and dance to the resurgent and unsinkable BIG APPLE.
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Subleases throw a curve ball at landlords trying to emerge from the Pandemic. There will always be some sublease activity in the marketplace but the magnitude and big blocks of space available now, that will be cheaper and competing with landlords facing rising vacancies is obvious. Until this sublease space surge is absorbed the overall market rents will be negatively impacted and the recovery for office buildings delayed.
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Red Skelton profoundly explaining the Pledge of Allegiance. (Non-political)
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Oxford and Google closed the deal at 550 Washington Street, aka St. John’s Terminal.
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Apple wants to have another bite of the Big Apple
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L + L’s Landmark Trident Topped Skyscraper is Shaping Up
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Crain’s New York
- Fertility startup Kindbody seeks to raise $50M, cuts sales outlook November 29, 2023
- Letter: Adams administration is making progress helping those with serious mental illness November 29, 2023
- Are offices really all that empty? Real estate industry data says no November 29, 2023
- State's adult-use cannabis market set to move forward on hundreds of licenses November 29, 2023
- When it comes to using AI at work, New York trails most major U.S. cities November 29, 2023
Joel’s Posts
- Challenges & Opportunities of Owning Real Estate
- Joel R. Marcus on The Stoler NY Business Report, CUNY TV
- Sedesco is planning a 400,000 ft mixed use skyscraper for West 57th Street. This will be a beautiful addition to the Central Park South skyline that will provide the added benefit and needed enlargement of the F train station below. We at Marcus & Pollack LLP are thrilled to be working on the property tax aspects of this signature project. Demir Sabanci is a visionary developer who will give New York City it’s next beautiful edifice.