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December 22, 2023

Paul, Weiss Signs Largest U.S. Office Lease Of 2023 With Fisher Brothers

Howard Hughes' Zach Winick Discusses The Evolution Of New York's Seaport District At The 2024 Forecast Event Jan. 31

International law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP is relocating its office to 765K SF at 1345 Sixth Ave. in Midtown Manhattan, signing the biggest office lease in the city — and country — in all of 2023 just before the year ends.

Paul, Weiss Signs Largest U.S. Office Lease Of 2023

Paul, Weiss's 20-year lease at the 50-story building fills most of the sizable hole left by insurer AllianceBernstein after the asset manager moved its headquarters to Nashville. Fisher Brothers, which owns the 54-year-old building in a joint venture with J.P. Morgan…

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Times Square Landlords Throw Weight Behind SL Green And Caesars’ Casino Bid

Times Square Landlords Throw Weight Behind SL Green And Caesars’ Casino Bid  

SL Green, Caesars Entertainment and  Jay-Z, in their bid to develop a casino resort in  Times Square, are getting a little help from their neighbors. SL Green, a REIT that is the largest owner of Manhattan office buildings, with Caesars…

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Brookfield Property's Debt Lowered To Junk Status

Brookfield Property's Debt Lowered To Junk Status  

Brookfield Property Partners' credit rating has been cut to BB from BBB- by S&P Global Ratings, putting it in junk territory. It has also received a negative outlook. The company is facing upcoming debt maturities, with about $2.3B due by 2025, Bloomberg reports, citing S&P, and…

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Bisnow’s 13 Most Popular Stories Of 2023

Bisnow’s 13 Most Popular Stories Of 2023  

Little is certain in this world, but one thing always holds true: Bisnow readers can't get enough of Amazon. Take a stroll down memory lane with the 13 most-clicked Bisnow stories of the year to see what else grabbed readers' attention in 2023.

13) Bob Johnson, America’s First Black Billionaire, Says White Execs ‘Have To Work Harder’ On Diversity Jon Banister, March 2 Diversification of the highest ranks of commercial real estate has been slow. There are eight CEOs of color at 89 of the largest companies in the industry,…

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