For Once, High Rent Hasn’t Forced a New York Institution to Shutter
Back in June, it was rumored that Sparks, one of New York’s best steakhouses, was possibly in store for an unwelcome 50th birthday present from its landlord, the Durst Organization: a 100 percent rent hike.
Date 2017-09-11
Author Chris Crowley
Moving would be a missed steak: Sparks inks new 15-year lease at Midtown East digs
Sparks steakhouse is holding onto its prime Midtown East location despite rumors that high rents would push the restaurant out.
Date 2017-09-11
Author Kathryn Brenzel
Sparks Steak House Saved From Shuttering as it Renews Lease
The famed steakhouse at 210 E. 46th St. has renewed its lease with its landlord — defying predictions that a rent increase would force it to close after fifty years.
Date 2017-09-11
Author Steve Cuozzo
First of Seven Buildings tops out at Astoria's Halletts Point Megaproject
That first building, designed by Dattner Architects, will have 405 apartments when it opens in the summer of 2018. At least 81 of those units will be affordable to families earning between 40 and 50 percent of the AMI, but overall pricing for the rentals has not yet been released.
Date 2017-09-09
Author Emily Nonko
Gap Renews Midtown East Lease as Company Announces Plans to Shed 200 Stores
Apparel chain Gap has inked a deal to retain its 15,942-square-foot store at 655 Third Avenue, according to landlord Durst Organization. Meanwhile the parent company, Gap Inc., announced plans today to shutter 200 Gap and Banana Republic locations.
Date 2017-09-08
Author Liam La Guerre