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'Mad Men' ad exec launches new campaign to win townhouse buyer

CrainsNewYork.com (Labor Unions) 6/12 8:29A C. J. Hughes
Jerry Della Femina, an icon of the advertising industry whose memoir about Madison Avenue’s rollicking heyday provided fodder for the hit cable series Mad Men , has a new campaign: selling his home. Della Femina and his wife, former TV journalist...

'Mad Men' ad exec launches new campaign to win buyer for townhouse

CrainsNewYork.com (Professional Services) 6/12 8:29A C. J. Hughes
Jerry Della Femina, an icon of the advertising industry whose memoir about Madison Avenue’s rollicking heyday provided fodder for the hit cable series Mad Men , has a new campaign: selling his home. Della Femina and his wife, former TV journalist...

'Jenga tower' developer lists Upper East Side co-op for $25 million

CrainsNewYork.com (Small Business News) 6/11 8:26A C. J. Hughes
The developer behind Lower Manhattan’s “Jenga tower” is making a play for a buyer for his Upper East Side home. Izak Senbahar, the president of Alexico Group, which created the stacked-boxes-style condo 56 Leonard St., has listed his four-bedroom...

‘Jenga tower’ developer lists Upper East Side co-op for $25 million

CrainsNewYork.com (Labor Unions) 6/11 8:26A C. J. Hughes
The developer behind Lower Manhattan’s “Jenga tower” is making a play for a buyer for his Upper East Side home. Izak Senbahar, the president of Alexico Group, which created the stacked-boxes-style condo 56 Leonard St., has listed his four-bedroom...

Deals of the Day: June 10

CrainsNewYork.com (Transportation) 6/10 8:06A Eddie Small, C. J. Hughes, Julia
Leases Infrastructure consultant takes space on Park Avenue Address: 2 Park Ave., Manhattan Landlord: PPF Off Two Park Avenue Tenant: AECOM Lease size: 17,490 square feet Asset type: Office Brokers: JLL's Ed DiTolla, Henry Warner and William...

Bloomberg buys Madison Avenue building for $560M

CrainsNewYork.com (Small Business News) 6/6 11:56A Julianne Cuba
Manhattan-based real estate investment company RFR Holdings has offloaded a prime Upper East Side building to an entity owned by Michael Bloomberg's media, financial and data company for a whopping half-billion dollars, records show.   The...

Ken Griffin's $12M gift to Manhattan hospital targets achy knees

CrainsNewYork.com (Small Business News) 6/4 6:02A Amanda Gordon, Bloomberg
Ken Griffin is giving $12 million to the Hospital for Special Surgery in Manhattan for a new research initiative focused on treating knee pain.  Griffin’s donation will create the Kenneth C. Griffin Research Accelerator, which will work to...

Most NYC health systems post gains in Q1, a shift from post-pandemic losses

CrainsNewYork.com (Nonprofits) 6/4 12:33A Amanda D Ambrosio
Most major hospital systems in New York City were profitable in the first quarter of this year, a departure from years of post-pandemic expense pressures and high inflation rates that they say tanked their bottom lines. Local health systems had...

Mount Sinai Hospital posted profits last year despite expense growth

CrainsNewYork.com (Banking) 5/31 12:33A Amanda D Ambrosio
Mount Sinai Hospital posted a 1.6% operating margin in 2023, staying in the black despite continued expense growth, recently published financial statements show. The Upper East Side hospital brought in $3.9 billion in total revenue in 2023, up 7%...

'Real Housewives' star Sonja Morgan sells her townhouse at a loss

CrainsNewYork.com (Small Business News) 5/30 8:28A C. J. Hughes
Reality, it seems, can sometimes bite. Real Housewives of New York alum Sonja Morgan has unloaded her Upper East Side townhouse for a fraction of what she paid for the property, despite the elegant, 5-story prewar building’s frequent presence on...

Florida firm acquires 680 Madison Ave. retail space for $180M

CrainsNewYork.com (Banking) 5/29 8:11A Julianne Cuba
A newish Florida-based real estate investment firm scooped up its first New York City retail property last week and secured a massive multimillion-dollar loan to make it happen, according to a document that appeared in the city register...

Florida firm acquires 680 Madison Ave. retail space for $180M

CrainsNewYork.com (Small Business News) 5/29 8:11A Julianne Cuba
A newish Florida-based real estate investment firm scooped up its first New York City retail property last week and secured a massive multimillion-dollar loan to make it happen, according to a document that appeared in the city register...
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