Steve Cuozzo
InsightLetter from New York: Pacific Park's "money pit"
Foreign money twice bailed out Pacific Park, one of New York City’s most ambitious but contentious developments. Now a major Chinese player has scaled back its stake. The move might put some juice back into the slow-moving Brooklyn scheme, but completion remains a far-off dream.
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Changing consumer trends take a bite out of Big Apple’s famous department stores
Londoners troubled over the plight of debt-ridden House of Fraser as it fell into administration last week and was promptly bought by Sports Direct should know that the department store scene in America is even more dire. Jumbos are closing from coast to coast while in Manhattan, the historic something-for-everyone ...
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Remade in Manhattan: Downtown's transformation
Downtown Manhattan — not Soho or Tribeca, but the Financial District (or FiDi) south of them — is so unlike its old, buttoned-down self, it might be another planet.
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Trump’s radical Wall Street agenda offers hope for New York’s mega-builders
No initiative on president Donald Trump’s agenda matters more to the commercial property world than his stated intention to “do a big number” on Dodd-Frank Wall Street regulations.
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NYC’s foodie blues
Forget trivial issues like scarcity of affordable housing and fears that foreign companies are ‘buying up’ New York City.
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Summer Legends – from the vault: Larry Silverstein interview
In the final of our Summer Legends series, we look back to Steve Cuozzo’s interview with the man who twice crafted New York’s skyline, Larry Silverstein.
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Trump should have stuck to the New York City development business
Donald J Trump’s Republican presidential front-runner status is one of those ‘only in America’ spectacles that Hollywood might dream up.
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New York’s super-luxury condo phenomenon is running out of gas
A friend is selling her apartment on East 58th Street because she fears losing her views to a skyscraper condo tower across the street.
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New York needs speed on rail infrastructure
“Speed is of the essence,” New York State senator Chuck Schumer told me last week about the need to build a new Hudson River Amtrak tunnel between New Jersey and Manhattan.
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Will Elmo and Spider-Man chase great corporations out of Times Square?
It might sound ridiculous. What is currently one of Manhattan’s strongest office subdistricts (34m sq ft) enjoys more than 90% occupancy by marquee tenants.
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You can always go Downtown: the astonishing revival of New York’s Financial District
21st Century Fox and News Corp, separate companies controlled by Rupert Murdoch, and developer Larry Silverstein last week announced a letter of intent for the media firms to move from Midtown to 2 World Trade Center (WTC) .
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New towers set to alter Manhattan’s chemistry
Manhattan fear-mongers routinely cry wolf over a ‘glut’ of new office space. They did in it in the 1990s when a few towers opened empty, and after 9/11 every time a new building brought some vacant space to market.
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New York Hotel sector booms as investors ignore risks and head for mixed-use
Two events this month proclaimed the reborn power and glory of New York City’s hotel industry.
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Man in Manhattan: 'Land values along the park have reached the moon'
Manhattan’s High Line Park illustrates how a great city may evolve and renew itself in an entirely unpredictable way
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Forget all the controversies and scandals, things’ll be great when you’re Downtown
The World Trade Center saga has turned from tragedy to triumph to soap opera.
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Manhattan's East Midtown exodus
Citigroup, headquartered at 399 Park Avenue at 53rd Street in Manhattan for 50 years, announced this month it will consolidate operations on Greenwich Street, far downtown.
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New York’s mayoral swing spells uncertainty for real estate
New York City’s real estate world survived 9/11, the Wall Street crash of 2008 and Hurricane Sandy.
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Harlem's shake-up in full swing
A triplex townhouse on New York’s Fifth Avenue near 126th Street sold this summer for a record-smashing $4m.
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“Miami’s salvation came via wealthy South Americans"
The Miami/Miami Beach real estate market rebounded stirringly after the dark age of 2009.
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Perfect storm of Sandy and Obama leaves New York treading water
A double-barrelled cyclonic blast struck New York City’s commercial property world this month: president Barack Obama’s re-election and Hurricane Sandy.
