Union Fare Opening New Food Hall Near the High Line

Union Square restaurant and food hall Union Fare will be opening a second outpost in Manhattan, this time in Chelsea. Will Kim’s Union Fare has signed a 10-year lease for 21,000 square feet on the ground floor of Avalon West Chelsea, a rental building at 282 11th Avenue between West 28th and West 29th Streets. At Union Fare 28, Kim ...

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Jerry Seinfeld’s old LA home lists for $40M

From TRD Los Angeles: It would have taken a low talker to keep this listing a secret. The former Hollywood Hills home of comedian Jerry Seinfeld is one of four adjoining lots being shopped as a pocket listing with a total asking price of $40 million. Located in the Bird Streets, the property consists of four separate parcels that add ...

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ABS Partners, Altman Warwick form a mortgage brokerage

ABS Partners Real Estate and mortgage brokerage Altman Warwick teamed up to form a new capital markets advisory business. The joint venture, dubbed ABS Altman Warwick, will be headquartered at ABS’ office at 200 Park Avenue South. ABS already offers leasing and investment sales services, and Altman Warwick principal Robert Altman told the Commercial Observer that adding mortgages creates “a ...

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The Plan: A New 22-Story Mixed-Use Tower Joins a Historic Bank in Williamsburg

The historic Dime Savings Bank of Williamsburgh is about to get a facelift and a 22-story, mixed-use tower next door, designed by the distinctly modern architects at Fogarty Finger. The South Williamsburg project at 263 South 5th Street is unique because it includes a large office component spanning 100,000 square feet, 50,000 square feet of retail, the century-old Neo-Classical bank ...

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ABS Partners, Altman Warwick Launch Capital Markets Arm

ABS Partners Real Estate and Altman Warwick have formed a shiny, new capital markets advisory platform, ABS Altman Warwick, Commercial Observer can first report. The joint venture, which will offer commercial brokerage and advisory services, complements ABS’ leasing and investment sales businesses with cross-selling opportunities and has already closed several financings, Brian Warwick, a principal at Altman Warwick, told CO. ...

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Software Company Inks Deal to Grow to 63K SF in Tower 45

Software developer Schrödinger has signed a 26,000-square-foot deal at Kamber Management Company’s 120 West 45th Street, to expand its footprint in the building to 63,000 square feet, Commercial Observer has learned. The company, which provides software products for life sciences companies, will occupy the entire 21st and 22nd floors of the 40-story property between Avenue of the Americas and Seventh ...

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Michael Kors to Shed Up to 125 Locations

Another retailer is feeling the burn of a declining brick-and-mortar retail market. Upscale fashion brand Michael Kors is closing 100 to 125 stores over the next two years, according to the London-based company’s fourth-quarter fiscal results made public today. The company, which creates branded accessories, clothes and shoes for men and women, said that sales at stores that were open ...

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GM president lists Soho loft for $11M

From LLNYC: If there is a platonic ideal of Soho lofts, we’re pretty sure that this is it. Owned by General Motors president Dan Ammann, this $10.95 million pad at 85 Grand Street has all the white walls, Corinthian columns and 14-foot ceilings you could ever ask for. Ammann and his wife Pernilla bought the apartment in 2008 for $5 million, ...

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