Hello Alfred taking over Bjarke Ingels’ former space at 61 Broadway

Property management startup and in-home assistant Hello Alfred is taking over Bjarke Ingels Group’s former space at RXR Realty’s 61 Broadway in downtown Manhattan. Hello Alfred moved into its new digs from 55 West 19th Street the day after Ingels’ company moved into a 50,000-square-foot space at Two Trees Management’s 45 Main Street in Dumbo,[…]

This co-working firm says its 400% markup is actually a big problem

Co-working companies are making a killing, but that’s of little solace to the commercial landlords who own the space. In fact, the CEO of one shared workspace company thinks landlords should enter joint ventures or profit-sharing agreements with co-working firms, scrapping the traditional loan in the process. At a panel discussion hosted by leasing management[…]

Ashkenazy buys AMC theater for $53M

Ashkenazy Acquisition Corporation bought a movie theater on the Upper West side for $53 million, after the Bromley Companies attempted to block the sale. The Midtown-based firm purchased 2318 Broadway from American Multi-Cinema, according to court documents and a source with knowledge of the sale. As part of the deal, AMC movie theater will lease[…]