GVA Williams

It's Year's Largest New Lease, But So What? Assessing AIG's Gobble of Goldman's Maiden Space

180 Maiden Lane.
Property Shark.
180 Maiden Lane.

Insurance giant AIG has assumed the remainder of Goldman Sachs’ lease at 180 Maiden Lane, which, at 800,000 square feet, is the largest lease transaction so far in 2008.

“We will consolidate several AIG offices in Manhattan to 180 Maiden Lane,” said a source familiar with the deal.  read more »

The Economist Mulls Move, Maybe 'Very Far Downtown'

111 West 57th Street.
Property Shark
111 West 57th Street.

Letters to the editor in The Economist may run under the anachronistic and patriarchal greeting “Sir,” but The Economist is no media dinosaur. Exhibit A: Its New York presence, like Alvy Singer’s universe, is expanding. The Economist, sir, is on the commercial real estate market.  read more »

Bob Guccione Leases New Headquarters

Bob Guccione is acting like a magazine publisher again.

The cash-strapped founder of Penthouse and Spin is renting the 11th floor of the Forbes Building as the new headquarters for Discover magazine, which he bought in October 2005.  read more »

Full press release after the jump.

- Tom McGeveran