Amazon owes Durst millions for ditching 2014 Midtown deal, judge says
Amazon may have to pay up to $21.7 million to the Durst Organization after backing out of a lease at one of its Midtown towers, a judge ruled Monday in a long-running legal dispute.
Date 2020-01-08
Author Ryan Deffenbaugh
Landlords quietly cheer as Durst wins test case against Amazon
Manhattan landlords privately cheered Monday’s court decision that Amazon must pay damages to the Durst Organization for breaching the terms of a 2014 letter of intent to lease space at 1133 Sixth Ave. — but wouldn’t say so on the record.
Date 2020-01-08
Author Steve Cuozzo
Amazon Engaged In Office Lease 'Deception,' Judge Rules, Could Pay $21M In Damages
Four years before Amazon backed out of its plans to build a headquarters in New York City, it backed out of a deal for a large office in Midtown Manhattan. This week, a New York City judge ruled that Amazon must pay more than $20M to that building's owner after illegally breaching a letter of intent.
Date 2020-01-08
Author Ethan Rothstein
NYC real estate Gold Brick Awards for the decade
Here are my Golden Brick Awards to celebrate the best and worst of the decade’s developments, developers and politicians.
Date 2020-01-06
Author Lois Weiss
2020 Preview: Three big stories to watch in northwest Queens
There’s quite a lot to look forward to in 2020, but there are some stories in particular that we know will develop even further in the coming months. Transportation and developments are the main focus in northwestern Queens — take a look at some of the main stories ahead.
Date 2019-12-30
Author Angélica Acevedo