Tuesday August 27, 2013
|
|
 |
|
| Mumford & Sons to Revive Forest Hills Stadium |
|
|
|
|
BY AL BARBARINO
English folk band Mumford & Sons will take the stage for a concert at the long-defunct Forest Hills Tennis Stadium in Queens on Wednesday – the stadium’s first in 16 years.
Piggybacking off of a report in the New York Times earlier this summer announcing that the stadium’s owner – West Side Tennis Club – had signed a deal with a promoter to hold 19 concerts there over the next three years, the New York Daily News reported yesterday that the show will go on.
To read the full story, click here.
|
|
|
| Restoration Hardware to Launch Chelsea Gallery |
|
|
|
|
BY GUS DELAPORTE
Restoration Hardware will launch its first commercial art gallery this fall at 437 West 16th Street under the auspices of RH Contemporary Art, an initiative aimed at increasing the visibility of international artists.
The company has signed a long-term lease for the five-story, 23,538-square-foot building owned by the Kleinberg family. Per a confidentiality agreement, specific terms of the deal were not disclosed.
To read the full story, click here.
|
|
|
| Odessa Cafe To Close After 33 Years, “American Brasserie” on the Way |
|
|
|
|
BY BILLY GRAY
After 33 years at 117 Avenue A, the bar and vaguely Ukrainian diner Odessa Cafe will serve its last pierogi on August 31st.
Rumors of the closing picked up steam in May when a tenant going by 117 Avenue A Food & Drink LLC applied for a new liquor license with Community Board 3. Odessa’s building went up for sale the following month. Now, after a closing date first reported as August 15th and then September 6th, the Alphabet City stalwart will pack it up over Labor Day weekend.
To read the full story, click here.
|
|
|
| Leasing Activity Sees Uptick at Hudson Yards |
|
|
|
|
BY RICHARD PERSICHETTI
Over the past 19-plus months, 115 leases—75,000 square feet and greater—were completed.
These 115 deals (a combination of new leases and renewals) accounted for 22.7 million square feet in leasing activity—44 percent of all space leased since January 2012. But which submarket has seen the most demand for these big blocks of space?
To read the full story, click here.
|
|
|
| 10 Strategies as Hunting Season Approaches |
|
|
|
|
BY J.D. PARKER
No matter what you are looking to bag this year—a deer, a bear, maybe some turkey—hunting season is right around the corner.
In real estate, there are some parallels as we have our own hunting season, and it, too, is right around the corner. This is the active period that runs from the end of Labor Day through Thanksgiving. So just like every hunter, in the calm before the hunt, make sure you take some time over the next week while things are quiet to prepare for the hunt.
To read the full story, click here.
|
