Rockrose divides the spoils Sep 30, 2009
GM was supposed to start a new lease at another Boston Properties building, 601 Lexington Ave., formerly known as the Citicorp Center ... GM was supposed to start a new lease at another Boston Properties building, 601 Lexington Ave., formerly known as the Citicorp Center. (New York Post -- Business)
NYPD Publishes Anti-Terror Guide... Jul 2, 2009
These included plans to attack the Citicorp Center and other landmarks, as well as plots on trains and transportation hubs. "Terrorist intention to attack New York city's people, building or critical infrastructures is unambiguous," said David Cohen, Deputy Commissioner of the NYPD's Intelligence Division. (The Drudge Report)
UBS SELLING PARK AVE. STAKE Jun 30, 2009
The firm will leave 623 Fifth Ave. for 31,401 square feet in a direct lease at Boston Properties' 601 Lexington Ave., the prism-topped skyscraper at East 53rd Street formerly known as Citicorp Center. (Coincidentally, BTG is buying UBS Perceptual, a Brazilian banking unit, from UBS this month for 2. (New York Post -- Business)
Commercial real estate market softens Apr 17, 2009
Until recently, Real Capital Analytics also listed as "potentially troubled" the local portfolio of Broadway Partners, which includes Citicorp Center at 1 Sansome St., 100 California St. and 50 Beale St.. "They paid too much, expectations of rent growth will not be there as tenants leave, and they have upcoming loan maturities which will be very difficult to refinance," Real Capital Analytic Managing Director Dan Fasulo said in an e-mail. (San Francisco Chronicle)
