450 West 31st Street
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Comic Strip Live Comedy Club Up for Lease

Comic Strip Live Comedy Club Up for Lease

Javascript is disabled in your web browser.For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page.Comic Strip Live at 1568 Second Ave (Google Maps, iStock/Illustration by Alexis Manrodt for The Real Deal)After more than 45 years of laughs, Comic Strip Live appears to be going dark.The building at 1568 Second Avenue, the longtime home of the comedy club, is being marketed for lease by Winick Realty Group, according to the . The venue encompasses 4,366 square feet spread out across a ground floor and a lower level.The club was...

March 22, 2021
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Morgan Stanley Plans “Full Return” to Office Post-Pandemic

Morgan Stanley Plans “Full Return” to Office Post-Pandemic

Javascript is disabled in your web browser.For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page.Morgan Stanley’s James P. Gorman and their Broadway headquarters. (Getty)A flood of companies have announced remote-work plans for beyond the pandemic.Morgan Stanley, however, is eying a more traditional model.“We plan a full return to the Midtown office when it is safe to do so, but we expect some flexibility for employees to work from home during some of the week,” a Morgan Stanley spokesperson told Commercial Observer. “Those...

March 22, 2021
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Jollibee to Open Flagship at 1500 Broadway

Jollibee to Open Flagship at 1500 Broadway

Javascript is disabled in your web browser.For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page.1500 Broadway, Jollibee (iStock, Google Maps)Jollibee is betting on Times Square.The popular Filipino fast-food chain has inked a lease to open a 7,127-square-foot flagship at 1500 Broadway, between West 43rd and West 44th streets. The space includes 3,127 square feet of ground floor retail space as well as 4,000 square feet on the lower level.Jollibee has more than 1,300 locations worldwide, but just two other New York City...

March 25, 2021
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Group’s Challenge to Inwood Rezoning Fails

Group’s Challenge to Inwood Rezoning Fails

Javascript is disabled in your web browser.For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page.Mayor Bill de Blasio (Getty; Google Maps)The state’s highest court rejected a community coalition’s bid to revive its legal fight against Inwood’s rezoning, likely ending a two-year battle over the fate of the neighborhood.The New York Court of Appeals on Monday denied a motion by Northern Manhattan is Not for Sale seeking to appeal an appellate panel’s reinstatement of the rezoning. Because the appellate court’s July decision was...

November 23, 2020
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Exclusionary Zoning in New York Suburbs Persists

Exclusionary Zoning in New York Suburbs Persists

Javascript is disabled in your web browser.For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page.(iStock)More than half a century ago, New York officials created an agency aimed at ensuring zoning policies throughout the state discouraged segregation. But within a few years, the agency, the Urban Development Corp., was stripped of most of its authority to interfere in residential zoning decisions.Not much has changed since.“The result is a state with fewer homes, more expensive rents, and starker segregation than it would...

November 13, 2020
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Developer Bucksbaum Sues Movie Theater Tenant

Developer Bucksbaum Sues Movie Theater Tenant

Javascript is disabled in your web browser.For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page.Bucksbaum Properties CEO John Bucksbaum (Getty, CMX Cinemas)The developer of a major mixed-use complex next to Wrigley Field is suing its movie theater tenant for $18 million, alleging it failed to complete work on its space and has skipped rent payments.Bucksbaum Properties, a co-developer of the $150 million apartment and retail complex in Wrigleyville, filed the federal lawsuit, claiming Mexican cinema chain Cinemex is in breach...

November 20, 2020
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Long Island City Faces Condo Development Glut

Long Island City Faces Condo Development Glut

Javascript is disabled in your web browser.For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page.Nearly 60% of condo units built in Long Island City, Queens, since 2018 remain unsold. (iStock)Over the past decade, Long Island City became the for New York City’s new development market. Its proximity to Manhattan and mass transit, the availability of relatively cheap land and a promising waterfront combined to create a wave of for-sale towers, each one upping the next in terms of amenities.How those bets will pan out is...

July 6, 2020
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