Developer gives first look at planned skyscraper near Grand Central Terminal — but lacks key piece to make it a reality
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Developer gives first look at planned skyscraper near Grand Central Terminal — but lacks key piece to make it a reality

ByNews Polite

It’s build-or-bolt time for BXP on Madison Avenue. The developer is itching to build a skyscraper at 343 Madison between East 44th and 45th streets, which is currently a block-long, empty lot owned by the MTA. But it needs an anchor tenant before the striking, 46-story, 950,000 square-foot tower —…

Aging NYC office building shows how to succeed despite trend toward shiny new towers
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Aging NYC office building shows how to succeed despite trend toward shiny new towers

ByNews Polite

Let’s say you own a 60-year-old, near-900,000 square-foot Midtown office building. Demand for space in Midcentury buildings is weak.  A half-billion-dollar mortgage payment is coming up. Do you: Scramble to refinance when lenders are getting cold feet? Complain to the New York Times that it’s the worst season for property owners…

PR firm Joele Frank scoops up space at 22 Vanderbilt, aka 335 Madison
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PR firm Joele Frank scoops up space at 22 Vanderbilt, aka 335 Madison

ByNews Polite

The rarest sighting in this bleak office-leasing season is a deal for more space than a large area rug would cover. But here’s a substantial one: public relations firm Joele Frank is taking 78,353 square feet at Milstein’s 22 Vanderbilt, aka 335 Madison Ave. Joele Frank, which specializes in strategic corporate…