Got a Tip?
tips at gothamist
About Gothamist

Gothamist is a website about New York. More

Editor: Jen Chung Publisher: Jake Dobkin

About Us & Advertising | Archives | Contact | Mobile | RSS | Staff

Entries from Gothamist tagged with 'vornadorealty'

December 23, 2007

New York City's Conflict of Interest Board ruled that there was no problem in Deputy Mayor Dan Doctoroff continuing to work with real estate developers on multi-billion dollar real estate projects while a city employee, even though he'll be shortly negotiating with these same developers as a private citizen and President of Bloomberg LP, the Mayor's media corporation. According to the New York Post, the board cited "extraordinary circumstances" and said that Doctoroff's negotiations on......

Continue Reading "No Conflicts Over Doctoroff's Dealings"

November 30, 2007

The low-slung Port Authority bus terminal will be getting a heady addition: The Port Authority will announce a deal for a tower to be built at its north end. The NY Times reports that Lawrence Ruben Company and Vornado Realty Trust is buying air rights for $400-500 million, which the Port Authority will then be used to add 18 bus platforms, give the terminal a "major face-lift" and overall refurbishing. Well, finally - commuting to......

Continue Reading "Port Authority Bus Terminal Will Get a Tower"

October 11, 2007

Today on the Gothamist Newsmap: An armored robbery in Queens, a boat in distress east of the Steeplechase Pier in Brooklyn and a school bus accident in Staten Island. The bids are in for the West Side Yards, and the companies that submitted them are Extell Development Company, Brookfield Properties Developer LLC, The Related Companies, TS West Side Holding, LLC (A Joint Venture of Tishman Speyer and Morgan Stanley), and Hudson Center East LLC......

Continue Reading "Extra, Extra"

August 23, 2007

Plans for a new Penn Station and Madison Square Garden at the historic Farley Post Office building remain as murky as ever. But a recent poll undertaken by the Municipal Art Society (MAS) suggests that Penn Station commuters overwhelmingly favor the prospect of a grand new train station--but they need more information. If and when the project proceeds, who will keep watch over the three mega-developers (the state-run ESDC, along with private companies Related Group......

Continue Reading "Kent Barwick, Municipal Art Society"

May 17, 2007

The city's Far West Side dreams are at stake as the MTA will auction off the buildings rights to the West Side railyards. The NY Times takes a broad look the 26-acre swath of land where Deputy Mayor Dan Doctoroff says the Bloomberg administration wants to create the "21st century Rockefeller Center." Well, a Rockefeller Center with many huge buildings, as the article's lede calls the lots "where the Bloomberg administration envisions the equivalent......

Continue Reading "City Wants Mega Buildings on the Far West Side"

March 19, 2007

It's difficult to know quite what to say about the huge transformations on the horizon for the Far West Side. That's partly because major negotiations and plans regarding the future of Madison Square Garden, the Farley Post Office, the Javits Center, the 7-train extension, and rezoning are taking place behind closed doors. Another reason is the uneven pace at which the planning proceeds-- years of plodding speculation followed by the sudden unveiling of a proposal,......

Continue Reading "Land Deal To Advance Moynihan Station Plan"

February 5, 2007

Today the NY Times introduces us to the man behind some of the city’s most boring buildings. Costas Kondylis, aka the Developer’s Architect, is a skyscraper-embracing traditionalist whose clients have included Donald Trump, Larry Silverstein, Related Companies (developer of the Time Warner Center), Forest City Ratner Companies (developer of The New York Times building and, of course, the Atlantic Yards project) and Vornado Realty Trust (the Penn Plaza towers), among others. Kondylis, who's worked on......

Continue Reading "Costas Kondylis: A Developer's Dream"

October 17, 2006

Breaking: Tishman-Speyer, the real estate concern that controls Rockefeller Center, the Chrysler Building, the Lipstick Building, and much more around the city and world, was the winning bidder in the Stuyvesant Town-Peter Cooper Village sweepstakes. The NY Times' Charles Bagli writes: Mr. Speyer and his partner, the Blackrock investment bank, outmaneuvered nearly a dozen bidders, including a group aligned with the tenants at the complexes who hoped to preserve what is fast becoming a......

Continue Reading "StuyTown Sold to Tishman-Speyer for $5.4 Billion"

May 27, 2006

They say that history repeats itself, but this is re-dunk-u-lous. Moynihan Station, the long-planned Penn Station expansion into the Farley Post Office that is intended to make up for the destruction of the late, great, original Penn Station (above) hasn't even been built yet but developers are already vying to build a new Madison Square Garden on top of and around it. And yes, this would be MSG number 5 for those of you......

Continue Reading "Another Madison Square Garden?"

February 12, 2006

Today's Times tackles the issue of how exactly one escapes from the top of a Manhattan skyscraper during an emergency. Specifically, the Times looks at an interesting new escape method developed by an Israeli company called Escape Rescue Systems. Imagine a multicabin elevator made of fabric and stored, folded up like an accordion, atop a busy building's roof. When an alarm is sounded, the fabric is dropped down the building's side where it gradually......

Continue Reading "Escaping Fires in a Cloth Elevator"

December 1, 2005

On the heels of this past weekend's stomach turning report that, yes, bedbugs are on the rise all over the city, two Swiss businesswomen are suing the Hotel Pennsylvania and Vornado Realty Trust over the bedbug-infested stay they had in September. Their lawyer says that when the women complained to a hotel employee about being bitten by something, the employee immediately said, "Bedbugs!" showing that there was knowledge of the pest at the Penn Station-area......

Continue Reading "Bedded and Bugged"

April 28, 2005

Our friends in DC has the scoop on the latest news on the new Penn Station planned at the Farley Post Office Building: DCist says Vornado Realty Trust seems likely development contract, which, would be a good part of the $910 million plan to move NJ Transit and LIRR - and possibly Amtrak - out of the current dingy Penn Station. Vornado says it "is committed to long-term asset enhancement" at Penn Station. And that......

Continue Reading "The New Penn (aka Moynihan) Station Development News"

February 24, 2005

Wal-Mart has decided not to New York Region > Plans for a City Wal-Mart Are Dropped" href="http://www.nytimes.com/2005/02/24/nyregion/24walmart.html?hp&ex=1109221200&en=3a35e2cb160fc5df&ei=5094&partner=homepage">continue plans to be in a Queens shopping mall after a lot of community and political opposition. According to the NY Times, Wal-Mart and Vornado Realty Trust, developers of the Rego Park project that would include other retail space and apartment towers, thought that Wal-Mart's continued presence would jeopardize the entire plan. What Gothamist found interesting is that apparently......

Continue Reading "Wal-Mart Abandons NYC Plans...For Now"

2003- Gothamist LLC. All rights reserved. Terms of Use & Privacy Policy. We use MovableType.