Articles Written by:    TERRY PRISTIN     

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New Hotel for the Common Man

Boutique and high-style hotels have sprung up in New York in recent years, their lounges studded with celebrities and their restaurant menus developed by famous chefs. But big hotels that cater to tourists and business travelers have come along only ...

From TERRY PRISTIN, The New York Times,  23 Feb 2010
Related Topics: CB Richard Ellis Group Inc,  W Hotel,  Sam Chang,  Todd English

Square Feet: Lesson on Limits of Eminent Domain at Columbia

In 2005, the United States Supreme Court upheld the right of officials in New London, Conn., to force the sale of private homes in a waterfront neighborhood to make way for a development project intended to improve the city’s tax base. The decision ...

From TERRY PRISTIN, The New York Times,  19 Jan 2010
Related Topics: Columbia University,  Norman Siegel,  New York Civil Liberties Union,  New York Times Company,  U.S. Democratic Party

Square Feet: A Hopeful Sign for Manhattan’s Shaky Office Market

The coming year is almost certain to be brutal for the commercial real estate industry in New York. More landlords will be unable to hang onto their buildings or refinance their mortgages, swelling the inventory of distressed properties. But though ...

From TERRY PRISTIN, The New York Times,  22 Dec 2009
Related Topics: Harry Macklowe

Square Feet: From Meat Shop to Mixed-Use Complex

For years, Luis Perez dreamed of expanding his busy Casablanca Meat Market in East Harlem, where for generations customers from as far away as Pennsylvania have shopped for blood pudding and fried pork skins. The butcher shop had long ago outgrown its ...

From TERRY PRISTIN, The New York Times,  15 Dec 2009

Bank’s Action Rattles a New Mall in Chicago

CHICAGO It took nearly two decades to get to this day, but on Nov. 20, Block 37, a five-level mall in the heart of this city’s downtown, got the green light to open its public areas. However, the developer, Joseph Freed & Associates, was not ...

From TERRY PRISTIN, The New York Times,  1 Dec 2009
Related Topics: Bank of America,  State Street,  Marshall Field,  Richard M. Daley,  BlackRock, Inc.

Drake Hotel’s Prime Space Remains Undeveloped

Enclosed by a dark brown fence, the weedy lot at Park Avenue and 56th Street in Midtown Manhattan is a conspicuous reminder of how ambitions were shattered in the recent real estate debacle. This vacant site, where the Drake Hotel once stood, is ...

From TERRY PRISTIN, The New York Times,  17 Nov 2009
Related Topics: Deutsche Bank,  Nordstrom, Inc.,  Harry Macklowe,  General Motors

Square Feet: From Abandoned Brewery to Piazza, Philly-Style

PHILADELPHIA When Bart Blatstein, a local strip-mall developer, acquired an abandoned brewery a few miles from Center City nearly a decade ago, the artists who had gravitated to the surrounding area in search of cheap housing feared he would plop an ...

From TERRY PRISTIN, The New York Times,  3 Nov 2009

Square Feet: A Difficult Birth for East Harlem Mall

Even by the often sluggish standards of development in New York City, East River Plaza, the big-box vertical mall under construction along the F.D.R. Drive in East Harlem, has proceeded at a glacial pace. David Blumenfeld, the scion of a Long Island ...

From TERRY PRISTIN, The New York Times,  20 Oct 2009
Related Topics: Costco,  Home Depot, Inc.,  New York Times Company,  Best Buy,  Bernard Madoff

Tony Roberts Becomes Ill at Preview on Broadway

An afternoon preview performance of the Broadway revival of “The Royal Family” was canceled shortly after curtain time on Sunday, after one of its stars, Tony Roberts, fell ill moments after taking the stage. Audience members said that Mr. Roberts, 69, ...

From CARA BUCKLEY AND TERRY PRISTIN, The New York Times,  4 Oct 2009
Related Topics: Woody Allen,  Sidney Lumet,  Manhattan Theater Club

Square Feet: Proposed Supermarket Divides Bronx Community

Gregory Faulkner, a community leader in the Bronx, has noticed over the years that many residents shop for groceries outside the borough, where they can find a wider selection of organic and other healthy foods. So when the city chose a developer last ...

From TERRY PRISTIN, The New York Times,  29 Sep 2009
Related Topics: Richard Trumka,  Michael Bloomberg,  Economic Development Corporation,  Pat Purcell,  Wal-Mart

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