In the News: Occupy Wall Street Again

••• Occupy Wall Street: “Protesters swarmed the streets of the Financial District Monday morning.” —DNAinfo (whose Ben Fractenberg deserves props for a great photo)

••• CB1 “is looking to use its leverage in a city land use review, beginning next month, to uncover the developer’s master plan for all the properties in its lease” for the South Street Seaport—specifically, the old fish market buildings. —Tribeca Trib

••• “The family-run real estate investment company Fisher Brothers purchased the American Stock Exchange building and a neighboring development site in Lower Manhattan from two investors who bought the properties in 2011, multiple sources said. The sales price was $150 million. Fisher Brothers closed yesterday on the acquisition of 86 Trinity Place, the former home of the American Stock Exchange, and 22 Thames Street next door, the sources said. The sellers, Michael Steinhardt and Allan Fried, purchased the two properties Feb. 16, 2011. They paid $17 million for the vacant American Stock Exchange building,  and $48 million for 22 Thames Street.” —The Real Deal

••• A proposed viewkiller in Chinatown. —Curbed

••• The Stuyvesant cheating scandal gets the New York Magazine cover-story treatment.


1 Comment

  1. wow that does seem like a big profit- $17m for the amex buiding seems awful cheap- i wonder if they had to assume some debt in the deal?