It has been a rough three years for RXR’s Helmsley Building as a new appraisal of the famed 1.4 million-square-foot tower shows its value has declined 40 percent in that time, according to Morningstar ...
The Helmsley Building’s lenders moved Tuesday to foreclose on the landmarked tower that straddles Park Avenue, a move that underscores the steep challenges facing many Manhattan office towers.
The Helmsley Building has shed 40% of its value in the last three years, according to a new appraisal of the landmarked tower at 230 Park Ave. The 1.4 million-square-foot building is worth an ...
An icon of Midtown Manhattan’s office market isn’t immune from the existential challenges facing the sector. A $670 million loan on RXR’s 230 Park Avenue — also known as the Helmsley Building — is set ...
Publisher and analytics company Reed Elsevier, which changed its name last year to RELX Group, is relocating its corporate headquarters to the Helmsley Building, where its LexisNexis imprint already ...
Manhattan’s iconic Helmsley Building has sold for a whopping $1.2 billion to RXR Realty, the real estate investment giant headed by Port Authority vice-chairman Scott Rechler. The 34-story, 1.4 ...
New York’s golden landmark has gone green. The Helmsley Building may glitter in the sun, but until recently it was producing a dark cloud of carbon emissions. Now, thanks to a $100 million renovation ...
NEW YORK, May 5 (Reuters) - Monday Properties, in conjunction with Invesco Ltd, said on Tuesday it has completed the sale of the landmark Helmsley Building near New York City's Grand Central Terminal ...
5W Public Relations has signed a sub-sublease on two floors of RXR’s Helmsley Building. The 43k SF spread is ready to go, with 150 employees set to move in today. The sub-sublease is good through 2020 ...
NEW YORK (Reuters) - Monday Properties, in conjunction with Invesco Ltd , said on Tuesday it has completed the sale of the landmark Helmsley Building near New York City's Grand Central Terminal for $1 ...