April 11th - April 15th, 2011
Sirius Negotiating at 100 Church
April 11 - The Observer reported Sirius XM Radio was the recent media tenant looking to move into SL Green’s 100 Church Street. If Sirius moved, they would join Healthfirst which signed a 172,000-square-foot lease in the summer and Nich Media.
Sneak Peak Available at Beekman
April 11 – The Frank Gehry-designed, Beekman tower on Spruce Street began leasing apartments in February. Since then scores of Gehry fans have posed as prospective tenants to get inside the 76-story tower, according to Crain’s NY. Last week building owner Forest City Ratner announced it will soon start giving twice-weekly tours to the architecturally curious.
Silverstein Deal Withdrawn
April 12 - The $1.275 billion offering to fund Larry Silverstein’s New York City’s World Trade Center Liberty Tower 4 was withdrawn yesterday for the second time, reported Reuters. Goldman Sachs withdrew the offering “due to market considerations”.
The deal was first postponed last December as the municipal market was roiled by talk of mass defaults. The bankruptcy talk caused many investors to exit the market and sent muni yields rising.
AmEx Leases Space at One Liberty Plaza
April 13 – Real Estate Weekly reports American Express has subleased the 22nd floor of One Liberty Plaza, a 44,000 s/f space. The One Liberty Space would be utilized for new projects and as a temporary space as the company reorganizes its space at Three World Financial Center. Three World Financial serves as the world headquarters.
Commemorative Liberty Stamp Close to Original
April 14 – The U.S. Postal Service’s new Statue of Liberty stamp, commemorates the 125th anniversary of the monument. However, according to the New York Times, the stamp is based on a New York-New York casino in Las Vegas. While the two statues are close there is a difference between the eyes and hair.
Tour Buses to Feed the Meter
April 14 – In anticipation of the increased visitors following the opening of the September 11 Memorial, a bus plan is being circulated which includes requiring buses to pay for metered parking in designated bus parking lanes, reports NY1. City officials say no legislation is needed to create the new metered zones. The details of the planned fees remain to be determined.