goldman sachs

AIG has just assumed the remainder of Goldman Sachs' lease at 180 Maiden Lane. At 800,000 square feet, it's the largest lease transaction so far this year.

"We will consolidate several AIG offices in Manhattan to 180 Maiden Lane," said a source familiar with the deal. "70 Pine will remain our corporate headquarters."

The move will be executed in phases, beginning this September, with AIG fully occupying the 30 floors by 2011.

The Bloomberg administration and the City Council on Wednesday unvieled a 13-point legislative package aimed at improving construction safety.

It couldn't come too soon in Lower Manhattan, where Goldman Sachs is building its new 43-story headquarters at West and Vesey streets. From the Wall Street Journal yesterday:  read more »

Laura Blankfein, the wife of Goldman Sachs CEO Lloyd Blankfein, paid $701,000 for Suite 807 ("suite" being the euphemism for a staff apartment) at 15 Central Park West, city records show.

The Observer's Max Abelson reported that the Blankfeins closed on a 16th-floor duplex condo in the building back in January when the extent of the subprime mortgage crisis' impact on Wall Street was finally becoming clear. The couple signed the contract for the yet-to-be built apartment two days before Mr. Blankfein was promoted to CEO at Goldman in May 2006, at the height of the Manhattan real estate market.

Since then, the national market has tanked and New York's is stagnant. But while other Wall Street banking firms are writing down their balance sheets as quickly as they once did year-end bonus checks, Goldman Sachs, with Mr. Blankfein at the helm, has remained largely unscathed.  read more »

Just one week after paying $11 million for a sixth-floor condo at 15 Central Park West, the founding partner of the Canyon Capital consulting firm, Josh Friedman, has closed on an $810,000 unit there as well, according to city records filed today. It's presumably one of the 29 maids' suites on the lower floors of the building, and he bought it through a family trust, records show.

Mr. Friedman used to work in mergers and acquisitions at Goldman Sachs so he will have plenty of former colleagues as new neighbors.  read more »

So many Goldman Sachs bankers snapped up condos at 15 Central Park West in January that you would think they got coupons from the Zeckendorff brothers who developed it.

Goldman Sachs partner Donald C. Opatrny closed on an $11.8 million condo at 15 Central Park West, according to a city record filed Tuesday, making him the fifth Goldman banker to buy an apartment in the building in the past month.  read more »

Crain's reports that Goldman Sachs has extended its lease of 517,000 square feet at Brookfield Properties' One New York Plaza for 15 months as it awaits the completion of its new headquarters on West Street in Lower Manhattan. The headquarters is supposed to be done by late 2009.

Istithmar has announced the $1.15 billion sale of the former Helmsley Tower at 230 Park Avenue. A partnership between a Goldman Sachs fund and Monday Properties bought the 34-story tower, which Istithmar itself bought in 2005 for $705 million.

The Observer talked with Istithmar CEO David Jackson earlier this year. News of 230 Park's imminent sale was already out.