L Brands, the parent company which owns retail icon Henri Bendel, has announced that they will be closing all 23 locations after 123 years. The closings will take place following the 2019 holiday shopping season, giving nostalgic shoppers a last chance to make their purchases from the iconic retailer. The Henri Bendel closing will leave the 86,000 SF 712 Fifth Avenue, which is owned by the Paramount Group, vacant. The lease carries $6.5 million in annual rent commitments and runs through February 28, 2021. L Brands has decided to focus on their larger holdings which include Victoria’s Secret and Bath & Body Works. They initially purchased the retailer in 1985 before expanding to 11 states.
PROFILE Exclusive: Delivering Affordable Luxury With Scott Shnay Of SK Development
PROFILEnyc had the exclusive opportunity to sit down with Scott Shnay, a principle at SK Development, to discuss multi-generational development in New York City, his partnership at CBSK Ironstate and developing The Lindely in Murray Hill.
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CetraRuddy Architecture-Designed 20 Broad Street Launches Leasing In FiDi
20 Broad Street, which was developed by Metro Loft Development, has launched leasing in Manhattan's Financial District. The unique project was designed by CetraRuddy Architecture and included converting as well as expanding the former New York Stock Exchange Headquarters.
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445 Launches Residential Leasing In Hudson Yards
445, a new residential rental building located at 445 W 35th Street, at the intersection of New York City’s Hudson Yards and Chelsea neighborhoods, has officially launched leasing of residential units.
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Marriott International Announces Rafael Viñoly-Designed Ritz Carlton At 1185 Broadway To Break Ground
Marriott International has announced that the Rafael Viñoly-Designed Ritz-Carlton will break ground at 1185 Broadway in NoMaD. Permits were filed in 2016 with a proposed total development of 164,400 SF.
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Inside The Newly Opened Mr. C Seaport Hotel From The Cipriani Portfolio
Earlier this summer the Cipriani family expanded their portfolio with the opening of Mr. C Seaport, the newest member carrying the Mr. C Hotels brand. The 66-room boutique hotel was designed by Danish architect Thomas Juul-Hansen and is located at 33 Peck Slip in the Seaport District
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Construction Is Cruising Along On REX Architecture-Designed Ronald O. Perelman Performing Arts Center
Construction on the Ronald O. Perelman Performing Arts Center is cruising right along as the sub-levels of the structure are coming together and the steel frame has extended above street level at World Trade Center.
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Check Out The Newly Revealed Sales Gallery at 130 William Designed By Sir David Adjaye
Lightstone has revealed new images of the sales center at 130 William, Sir David Adjaye's first condominium tower in New York City. The project has also launched a new website at www.130william.com.
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Get A First Look At The Newly Unveiled Renderings Of 25 Park Row On The Former J&R Music World Site
New details and renderings have been revealed of 25 Park Row, the new construction luxury condominium coming to the former J&R Music & Computer World site on Park Row, which sits directly across from City Hall Park.
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Tour A Lavish Mansion In The Sky At Trump World Tower Overlooking The United Nations
A lavish "mansion in the sky" at Trump World Tower that that overlooks the United Nations as well as the Manhattan Skyline has hit the market for $39 million. The residence features 6 bedrooms and 5 bathrooms spread over 7,500 SF, occupying the entire 82nd floor.
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555 West End Avenue School-To-Condo Conversion Revealed On The Upper West Side
555 West End Avenue has been revealed on the Upper West Side, the circa-1908 Catholic School reborn as a collection of 13 spectacular condominium residences has released a first look at interior renderings.
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Check Out The Newly Revealed Renderings Of The Upper East Side's Moise Safra Cultural Center
New renderings have been revealed for the Moise Safra Cultural Center which is approaching completion on the Upper East Side. The 14-story building was designed by PBDW Architects and is located at 130 East 82nd Street.
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430 Park Avenue Signs More Than 31K SF Of New Office Space Leases In First Half 2018
Oestreicher Properties Inc., Marx Realty and Midwood Investment & Development have announced that several prominent firms, including Silver Rock Capital, SK Capital, and Impala Asset Management, have signed leases for office space totaling more than 31,000 SF at 430 Park Avenue in the first half of 2018.
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Get A First Look At This Newly Revealed, ASH NYC-Furnished Residence In Essex Crossing's 242 Broome
Essex Crossing's 242 Broome has revealed a first look at its units, revealing an ASH NYC-furnished 2-bedroom, 2.5 bathroom spread. The units covers 1,353 SF and is finished with luxe Schumacher wallcoverings.
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The Sir David Adjaye-Designed 130 William Launches Listings With Over 30 Units Already Under Contract
The Sir David Adjaye-designed 130 William has officially launched listings after receiving over 3,000 inquiries buying a condominium unit at the project. Sales velocity has been at an unprecedented pace with over 30 contracts signed in under 30 days before even launching listings.
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Work Begins To Relocate And Renovate South Street Seaport's Landmarked Tin Building
Work has begun to relocate and renovate the South Street Seaport's landmarked Tin Building, the former home of the the Fulton Fish Market. The building, which was damaged in a 1995 fire and Hurricane Sandy in 2012, will be meticulously dismantled piece by piece before being moved roughly 30' east and reassembled.
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The Elkus Manfredi-Designed 200 Amsterdam Launches Teaser Website And Unveils New Renderings
The Upper West Side continues to be a hotspot for new development as SJP Properties has revealed new renderings of the Elkus Manfredi-designed 200 Amsterdam Avenue. The art deco-inspired tower will rise 55-stories, 669', and will be located at 200 Amsterdam Avenue.
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Inside A Newly Listed Triple-Mint Gem In The Celeb-Studded, Peter Marino-Designed 170 East End Avenue
Located at 170 East End Avenue which was designed by one of the hottest names in luxury real estate right now, Peter Marino, and home to celebs such as pop star Ricky Martin, is this triple-mint gem complete with two-balconies and views of Carl Shurtz Park and the East River.
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Check Out The Newly Revealed ODA New York-Designed Condo At 101 West 14Th Street
New renderings have been revealed of the ODA-designed condo at 101 West 14th Street which is being developed by Gemini Rosemont. The glass-clad modern cubic project rises 13-story stories and offers 45 condo residences. 21 of the residences will be duplexes and will average 1,200 SF.
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Related Companies' Kohn Pedersen Fox-Designed Supertall 30 Hudson Yards Tops Out At 1,296'
Hudson Yards is fast on the rise. After Related Companies Diller Scofidio + Renfro and Rockwell Group-designed 15 Hudson Yards topped out in March at 900' and KPF-designed 35 Hudson Yards topping out at 1,009 SF, the New York-based developer has now officially topped out their 2nd adjacent supertall 30 Hudson Yards at 1,296'.
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