SL Green Realty Corp. has sold a 25% stake in One Madison Ave. to an unnamed
international investor, while keeping a 25.5% interest in the property. The
landlord also sold two other buildings.
Two Manhattan West, a 58-story, 2 million-square-foot office tower at Brookfield Properties’ new $4.5 billion campus, is on track to be completed next year.
Offshore wind developer Equinor and its partner BP plan to turn the South Brooklyn Marine Terminal in Sunset Park, Brooklyn, into an offshore wind hub.
IBM will consolidate its New York City offices into one space at One Madison Avenue, a skyscraper under development near Madison Square Park. Learn the details here.
Their offices may not be at full capacity every day, but these executives say they wanted to provide their employees a place to go to work, outside of their apartments, amid the pandemic.
Jamestown plans to invest $500 million to redevelop One Times Square, the 118-year-old building that’s home to the New Year’s Eve ball drop. See renderings here.