• SL Green’s One Madison tower is a $2.3 billion bet against COVID-19

    SL Green’s One Madison tower is a $2.3 billion bet against COVID-19

    Bucking fears of a bleak future for office buildings, SL Green is taking the plunge on a $2.3 billion, speculative project that bets on a revived city three years from now. On Monday, the publicly
  • NBA Store landlord seeks $4M in unpaid rent from league

    NBA Store landlord seeks $4M in unpaid rent from league

    Landlord Joe Moinian wants a slam-dunk win in his bitter battle with the NBA over unpaid rent at the league’s theme store at 545 Fifth Ave. He’s asking Manhattan Supreme Court Judge Debra James to
  • Behind the rise of the 77-story One Vanderbilt

    Behind the rise of the 77-story One Vanderbilt

    Creation of the mighty new skyscraper One Vanderbilt started with the almost incidental purchase of an obscure old office building 19 years ago. The project negotiated a treacherous development labyrinth of zoning challenges, a $1 billion lawsuit, activists’ demands to change the design, complex negotiations with the state and city — and a struggle with …
  • Facebook closes on massive NYC office expansion

    Facebook closes on massive NYC office expansion

    The biggest lease of the year is done – and it’s momentous good news for a limping office-leasing market in a city beleaguered by the coronavirus. Facebook on Monday closed on a long-awaited deal for 730,000 square feet at Vornado’s Farley Building, the former post office site between Madison Square Garden and the Hudson Yards …
  • 42nd Street McDonald’s in Times Square is shuttering for good

    42nd Street McDonald’s in Times Square is shuttering for good

    McDonald’s is closing its four-story former flagship on West 42nd Street in Times Square, The Post has learned. Opened 17 years ago, the eatery — whose entryway is lit with 7,000 marquee light bulbs like a Broadway theater — was slated to serve its last Big Mac on Tuesday, company officials confirmed. A spokesman for …