Laurence Roberts

Laurence Roberts, A Principal @ Arch Brokerage, Ltd. & Washington Square Partners, sharing New York commercial real estate news.

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New York City
Hudson's Bay's chairman's buyout bid pits retail vs. real estate
investing.com - By Jessica DiNapoli and Harry Brumpton
(Reuters) - The success of Hudson's Bay Co Executive Chairman Richard Baker's $1.3 billion bid to take the department store operator private hinges …
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Landscape Architecture
Berms Aren’t Enough: NYC Shifts Course on “Big U” Resilient Waterfront Plan
asla.org - Jared Green
To protect against future super storms and long-term sea level rise, New York City proposed creating a set of landscaped berms around the southern …
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New York City
Can coworking companies sell inclusive communities?
Curbed - Patrick Sisson
As coworking continues to grow and expand—industry giant WeWork is in the midst of planning for an IPO and social clubs like The Wing double as work and networking spaces—selling community has become big
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New York City
New York Landlords in a Financial Bind From New Rent Law
The Wall Street Journal. - Will Parker, Konrad Putzier
Property investors have spent billions of dollars on apartment buildings for what has been one of the most reliably profitable bets in New York City real estate: converting rent-regulated apartments to
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Brooklyn, NY
Class dismissed: Developer ditches plans for 580-seat school Downtown
brooklynpaper.com - By Kevin Duggan
A developer scrapped plans to build a six-story public school at the base of a proposed Downtown office tower after the city raised concerns about …
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Investing
Trinity Place Selling At A Big Discount To NAV
Seeking Alpha - Holmes Osborne
Trinity Place Holdings (NYSEMKT:TPHS) is a New York based real estate company that was formerly Syms Department Stores. Syms went into bankruptcy, …
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Real Estate
Moving This Summer? Consider a Hard Hat
The New York Times - By STEFANOS CHEN
Looking to move in New York City? Meet your new neighbors: the demolition crew. Almost 40 percent of listings for sale or rent in New York are less than 525 feet — or roughly one or two city blocks — from
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The Catskills
The Catskills Are Back. Again. And Again.
The New York Times - By LAURA M. HOLSON
The first wave came in the late 1880s when summer vacationers filled boarding houses. Decades later, Jewish families arrived by train to play shuffleboard and swim in opulent hotels. Remember Woodstock
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flipboard.com
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New York City
The most beautiful interiors in New York City, mapped
Curbed - Amy Plitt and Zoe Rosenberg
Recently, we asked Curbed NY readers to nominate buildings with the most beautiful interiors; and readers, you did not disappoint. While plenty of old favorites showed up—your Grand Central Terminals,
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New York City
Should you move to New York City?
Curbed - Amy Plitt, Raven Snook
Thinking about moving to New York City? The first thing you should know is that New York is a city of extremes. More billionaires live in New York than any other city in the world, but more than 60,000
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Interior Design
Open Plan Offices Kill Productivity. Here’s What to Do Instead.
ReadWrite - Stephan Spencer
For years, the business world lived under the false pretense that open plan offices were a killer idea. I myself even bought into the hype. At Netconcepts, the digital agency I founded (and sold in 2010),
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New York City
Lululemon Men's-Only Stores Quietly Close After Short-Lived Runs
Bloomberg - Olivia Rockeman, Sandrine Rastello
Lululemon Athletica Inc. has quietly closed its men’s standalone stores in New York City and Toronto even as it plans to more than double its men’s …
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Land under Dream Downtown hotel sells for $175M
therealdeal.com - Mary Diduch
The land under the trendy Dream Downtown hotel in Chelsea has sold for $175 million — though it won’t affect the hotel’s operations, according to the …
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New York City
NYC’s affordability crisis continues to deepen, report shows
Curbed - Caroline Spivack
New data gives a snapshot of the city’s deepening affordability crisis as New Yorkers strain under rising rents and costs of living. A new digital “Affordability index” published by Comptroller Scott explores
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New York City
Learn About Battery Park Flood Plan That May Take Down Pavilion
Patch - Sydney Pereira
BATTERY PARK CITY, NY — The Battery Park City Authority will update the public about its design plans for a resiliency project that could require …
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Cement
What’s Wrong With Modern Buildings? Everything, Starting With How They’re Made
Bloomberg
Embedded in the sleek lines and elegant cantilevers of modern buildings sprouting up in city centers is a huge amount of pollution. Whether it’s the …
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Harlem
Harlem Is Seeing A Wave Of Investment. Can Local Restaurants Successfully Catch It?
bisnow.com - Miriam Hall
When Leah Abraham came across the corner of Lenox Avenue and 120th Street in Harlem nearly 20 years ago, it was love at first sight. The success of …
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New York City
Ambitious bill to overhaul NYC streets would require billions in funding, DOT says
Curbed - Caroline Spivack
A bill that seeks to create a five-year “master plan” to overhaul the city’s streets would require billions in extra funding and a “significantly reconfigured” Department of Transportation (DOT), according
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Brooklyn, NY
A guide to a spending the day in Downtown Brooklyn
amny.com - By Courtney Iseman Special to amNewYork
When it comes to contemplating how to spend a Saturday or Sunday in Downtown Brooklyn, DUMBO tends to get all of the attention. But the neighborhood …
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New York City
Community Bank Stocks Hit by New York Rent Reform
The Wall Street Journal. - Konrad Putzier
The fallout from New York’s rent reform reaches community banks Stock investors are dumping shares of community banks with big real-estate lending businesses that could suffer from New York’s stricter
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New York City
Midtown’s beloved Paris Theater in danger of closing
Curbed - Amy Plitt
Cinephiles may soon be saying goodbye to yet another of the city’s threatened independent theaters: Deadline reports that the Paris Theater, a single-screen movie house on 58th Street, is “expected to
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Brooklyn, NY
Would You Pay $5.5 Million to Live in Shipping Container Luxury in Williamsburg?
brownstoner.com - Stephen Zacks
The slanted, corrugated townhouse at 2 Monitor Street, completed three years ago and built from 21 shipping containers, is now for sale. From the …
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Movies
NY Losing Another Prestige Palace As Signs Grow Ominous For Paris Theater – Deadline
Deadline - Mike Fleming Jr
EXCLUSIVE: The Paris Theater, the last great single-screen prestige picture palace in New York, is expected to shutter in late July, according to the …
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New York City
St. Mark’s air rights deal approved by landmarks commission
Curbed - Caroline Spivack
The Landmarks Preservation Commission reluctantly approved a developer’s plan to enlarge a 10-story East Village office building in order to ensure the preservation of a neighboring landmark through an
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New York City
Sunset Park has four new historic districts
Curbed - Valeria Ricciulli
Four areas in Sunset Park are now official city historic districts, following years of advocacy. On Tuesday morning, the Landmarks Preservation Commission designated Sunset Park North, Central Sunset Sunset
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New York City
Plans for Tower Fifth in Midtown include Venezuela consulate
New York Post - By Lois Weiss
The current Venezuelan consulate on East 51st Street is supposed to be incorporated into Harry Macklowe’s proposed Tower Fifth skyscraper, and any …
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Real Estate
Starrett-Lehigh building gets major upgrades — and new name
New York Post - By Lois Weiss
The Starrett-Lehigh building is getting street cred with a new entrance, retail, restaurants and food hall under the new moniker Starrett-Lehigh …
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Allianz
CoStar News - Allianz Takes $383 Million Bite of the Largest US Real Estate Development
costar.com - DIANA BELL
Global insurance company Allianz is signaling bullishness on the success of widescale development on New York City's Far West Side with another deal …
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New York City
Iconic costume, beauty store Ricky's fading fast in Manhattan
New York Post - By Lisa Fickenscher
Dry your eyes, drag queens and club crawlers: Ricky’s will soon be down to its last pair of stores — and they may not last long. The New York …