Regions Northeast
$660M Sought for Empire State Building Makeover
May 5, 2008

The Empire State Building will get a massive makeover if Peter Malkin, chairman of  Wien & Malkin, has anything to do with it. According to a Bloomberg article, Malkin, who heads Empire State Building Associates L.L.C., the controlling entity of the 1.7 million-square-foot tower in Midtown Manhattan, is calling on fellow principal owners to scurry up financing to fund the celebrated 102-story 77-year-old skyscraper's renaissance.


 
Recent Northeast Headlines
Hudson_Rail NYC West Side Railyards Deal Takes Next Step
The massive West Side railyards project (pictured) in New York City got the green light from the Metropolitan Transit Authority today to move full-steam ahead on the Related Cos., Goldman Sachs development deal.
Ground Breaks on $61M Mixed-Use Project in South Boston
Work has gotten underway on a new mixed-use project at 50 West Broadway that will bring 139 new market-rate and affordable-housing apartment residences to the site of the former Cardinal Cushing High School in South Boston.
Rebuilding Downtown Merrill Lynch in Talks to Move HQ to WTC: Report
As one financial services giant indicates it may step away from New York’s World Trade Center redevelopment, another moves toward possibly taking space in the massive rebuilding project.
Consolo, Faith Prudential Douglas Elliman to Market 75-Store Harlem Retail Portfolio to Tenants
A 15-building portfolio with 75 stores and 125,000 square feet of space in New York City’s Harlem neighborhood is being marketed to prospective tenants by the Prudential Douglas Elliman leasing team of Faith Hope Consolo and Joseph Aquino.
ColoSpace ColoSpace Deal Points to Tightening Datacenter Market
ColoSpace, a provider of datacenter space, has leased about 16,200 square feet of a datacenter facility in Waltham, Mass.