Crain’s New York
- Join us for a conversation with Rick Cotton about what's next for the Port Authority August 26, 2024
- ‘Jack Reacher’ author nabs $9 million for Central Park West pad August 26, 2024
- Judge rules AG can proceed in crackdown of nursing home fraud August 26, 2024
- Rothschild plans to move staff to New York, closing its Chicago office August 26, 2024
- MTA sues Harlem landlords to advance Second Avenue subway August 26, 2024
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.
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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