AI startup Clay inks 163K sf lease at SL Green’s 11 Madison
An artificial intelligence startup is taking a big bite of office space at SL Green and Prudential Financial’s 11 Madison Avenue, as the sector continues to snap up prime Manhattan office space. AI company Clay signed a 10-year lease for 163,000 square feet at the 2.3 million-square-foot tower, the
Developer trio pleads guilty in 421a fraud cases
Three developers indicted more than three years ago on criminal charges connected to the 421a tax abatement program pleaded guilty to lesser charges. Mendel Gold, Joel Kohn and Alen Paknoush pleaded guilty to filing a false instrument, Crain’s reported, meaning knowingly giving an inaccurate documen
Chetrits’ Hotel Carter in Times Square to be auctioned
After years of deterioration and blight, the Hotel Carter in Times Square is poised to have a new owner in a matter of months. The vacant property at 250 West 43rd Street is being put up for auction with the Manhattan sheriff’s office on May 6, the New York Post reported. The development was posted
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