“We’re Like The Avis Guys:” An Afternoon With Gary Barnett
In the world of Gary Barnett, everything is the best. The president of Extell Development, a company he launched in the 1990s following a stint as a diamond trader in Belgium, made this plainly clear...
View ArticleDid ‘Blue-Collar’ Mets Settle For Less ‘Glitzy’ Long Island City Digs by Choice?
The New York Post reports that members of the New York Mets have “forsaken Yankee-style Manhattan condos” by renting units in two waterfront residential buildings in Long Island City. The “blue-collar”...
View ArticleFitness Centers Go Bigger to Meet Desires of All Ages
While slimming down is the goal, the bigger-is-better trope seems to be applicable, too—to fitness centers. At the Village at Gulfstream Park, a shopping plaza in Hallandale Beach, Fla., Madison...
View ArticleWelcome to the List!
In this year of flux and evolution, we tried to inject as much new blood into Power 100 as possible. 27 of the names on this year’s list were not on last year’s. Some of them, like Sandeep Mathrani,...
View ArticleMr. Met: Meet Steve Cohen and Get to Know the Mets’ Real Estate and Finances
Well there you have it, Mets fans. In a year shrouded by turmoil and unrest, you have finally received your long-awaited gift wrapped in a big blue and orange bow — pending approval, that is....
View ArticleBasketball Great Grant Hill Joins Empire State Realty Trust’s Board of Directors
Former Duke University basketball great, retired National Basketball Association veteran and Hall of Famer, and current Atlanta Hawks co-owner Grant Hill has joined publicly-traded real estate...
View ArticleA-Rod’s UFC Gym Inks 37K SF Lease in Terra’s Miami Retail Center
It’s out with the old, and in with the new, for Miami’s Doral Square retail center. UFC Gym — a franchise chain owned by former MLB superstar Alex Rodriguez’s investment firm — is expanding into Miami...
View ArticleSunday Summary: It’s Power Season!
April is, for Commercial Observer staffers, the cruelest month, breeding lists, lists and more lists. The month normally kicks off with our rating and ranking of the 50 most powerful people in finance,...
View ArticleCGI Merchant Group Buys Oceanfront Celino South Beach Hotel
CGI Merchant Group purchased the Celino South Beach, an Art Deco-style hotel on Miami’s iconic Ocean Drive, as part of a $650 million hospitality investment fund that the firm launched in 2020. The...
View ArticleStarwood and A-Rod Buy 45 South Florida Homes for $18M
Investors have prowled multifamily properties as rents continue to soar in the Sunshine State. Now real estate power players are going after single-family homes. Barry Sternlicht’s Starwood Realty...
View ArticleSunday Summary: Happy Birthday, Building Congress!
On Thursday night many of the top people in the real estate business dusted off their fanciest duds and made their way to the expanded Javits Center to banquet the way they used to (“banquet” can be...
View ArticleCeleb-backed Start-Up NOWwith, Fashion Brands Ink Deals in SoHo
Alex Rodriguez-backed e-commerce start-up NOWwith, menswear brand Rodd & Gunn and women’s clothing line La Ligne are dressing up 177 Lafayette Street — the building once home to WeWork’s first...
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