Steve Cuozzo
Latest Articles
Bill Ackman-backed firm selling long-stalled Seaport lot for $150M — a fraction of what it sold for in 2018
The announcement Monday gave hope that the vacant lot -- now a fenced-in eyesore -- will finally blossom for much-needed apartments and community parkland. But it raised a “lot” of questions as well.
Midtown showing strength with sale of apartment building, office tower
Insiders said Miki Naftali’s $810 million purchase of rental apartment tower 800 Fifth Ave. was more impactful for the luxury residential market than the $1.08 billion deal for 590 Madison Ave. was for...
Fintech, AI firms give Refinery at Domino sweet new lease on life
The building has been a magnet for fintech and AI companies.
Tempus AI moving to SL Green’s 11 Madison Ave.
There’s always something new at SL Green’s 11 Madison Ave. Last week’s splash was Eleven Madison Park chef Daniel Humm’s announcement that the three-Michelin-star restaurant will drop its vegan-only policy for...
The return-to-office trend is real — and it's spectacular
New data debunks the myth that “hybrid” work has put commercial real estate — the engine of this city’s economy and its single largest generator of tax revenue — on the...
NYC's Lipstick Building to bring popular Soho restaurant to Midtown
The well-regarded Italian restaurant will replace the shuttered Wolfgang’s steakhouse.
10 Grand Central gets revamp
Marx Realty CEO Craig Deitelzweig had the idea in 2018 to ditch the then-unfashionable avenue moniker of 708 Third Ave as part of a $45 million repositioning that included moving...
Paramount Group's earnings call revealed big new lease, and another followed
Chairman and CEO Albert Behler told analysts that one of the company’s prime Midtown assets, 1301 Sixth Ave., welcomed investment bank Piper Sandler, which signed for 140,000 square feet. We've...
Third Ave outlook brightening, CBRE says
CBRE identified a “significant transformation” as the East Side District evolved from an “office-centric” area to mixed use.
Studio Museum in Harlem to reopen Nov. 15
The enlarged museum at 144 W. 125th St., redesigned by an international team of architects, fell years behind schedule due to the pandemic and a temporary funding shortfall.
Progressives are stopping progress when it comes to addressing NYC's housing shortage
The Brooklyn Marine Terminal could be turned into thousands of much-needed apartments, but its misguided opponents are stuck in the past.
Wagner Park's disastrous $300M eco-zealot makeover protecting against a mythical flood is an insult to downtown NYC
The new flood-prevention design of Battery Park City's Wagner Park is the most rotten Lower Manhattan scam since hustlers sold “tickets” to the free Staten Island Ferry.
NYC's iconic Flatiron Building will get bathed in lights for first time in 123-year history
The exterior lighting -- shown for the first time here -- won the blessing of the Landmarks Preservation Commission.
Union Square district’s momentum has only increased
More than 17,000 square feet of retail in the district was leased in the second quarter, more than seven times the volume in the second quarter of 2024.
JPMorgan employees gripe about paying for 'cutting-edge' fitness center at new HQ as they return to office full time
“It’s truly a perk to be gifted the opportunity to spend money,” one complainant whined on Reddit.
Media still undercounting return-to-office phenomenon
The media continues to absurdly undercount, downplay or misunderstand the return-to-office phenomenon, although the surge should be obvious from the current leasing frenzy and from crowds on the street.
Latham & Watkins law firm latest to sign lease at Sixth Avenue juggernaut
The Latham deal brings the tower at 1285 Sixth Ave. to 100% leased.
Massacre at Park Avenue office tower by deranged Shane Tamura casts dark cloud on NYC’s premiere business corridor
The madman’s rampage reminds us that evil can strike the most secure-seeming location, even in the best of times.
Aby Rosen's Seaport office tower at 17 State St. bouncing back with new lease deals
Leasing is brisk at 17 State St. near the Seaport since RFR Realty refinanced the harbor-facing, 571,000 square-foot office tower in January. The refi was one of three that RFR...