Spring Time for Jpmorgan by LOIS WEISS

Total Page：16

File Type：pdf, Size：1020Kb

May 25, 2012 Spring time for JPMorgan By LOIS WEISS JPMorgan Chase has scooped up a prominent eight-story SoHo building to ensure it can keep its own bank branch in the building. The New York bank paid a lofty $1,900 a square foot in the $87 million sale. The building at 525 Broadway, at the southwest corner of Spring Street, was marketed by its longtime family owners through Alan S. Cohen at ABS Partners. Woody Heller of Studley represented the bank in the purchase. “This beat the market,” said Cohen of the $87 million price for the building’s 45,000 square feet of mostly office tenants. “JPMorgan Chase was aggressive and fast, and paid the price.” The bank has 4,500 square feet on the ground floor and another 4,200 square feet in the lower level, where it maintains vault space. While it is rare for a tenant to buy a building, Chase was nearing the end of its lease and would have faced a huge rent bump or a new owner that preferred a fashion retailer. Current retail asking rents in that area are $551 for ground- floor spots. “We looked at numerous different strategies accretive to the purchase and are examining it now,” said Heller. Those options could include the bank keeping its space and selling the upper floors, where tenants include the architect Gene Kaufman. Chase or its predecessors have had a branch there since 1919 when the Corn Exchange Bank, which later merged with Chemical, bought the building. .

Copy Link

Recommended publications

Unclaimed Property for County: MCDOWELL 7/16/2019
Unclaimed Property for County: MCDOWELL 7/16/2019 OWNER NAME ADDRESS CITY ZIP PROP ID ORIGINAL HOLDER ADDRESS CITY ST ZIP ABEE DONALD W 159 WHITE PINE DR MARION 28752-8770 14955371 NC DEPT OF REVENUE P O BOX 25000 IMPREST CASH FUND RALEIGH NC 27640 ABSHER VICTORIA LYNN % BROOKSHIRE 3616 HWY 221 N - APT MARION 28752 15711991 CENTERSTATE BANKS, INC. C/O CONTINENTAL STOCK ESCHEATMENT NEW YORK NY 10004 14 SVCS 1 STATE STREET 30TH FLOOR ABSHER VICTORIA LYNN % BROOKSHIRE 3616 HWY 221 N - APT MARION 28752 15711988 CENTERSTATE BANKS, INC. C/O CONTINENTAL STOCK ESCHEATMENT NEW YORK NY 10004 14 SVCS 1 STATE STREET 30TH FLOOR ABSHER VICTORIA LYNN % BROOKSHIRE 3616 HWY 221 N - APT MARION 28752 15711994 CENTERSTATE BANKS, INC. C/O CONTINENTAL STOCK ESCHEATMENT NEW YORK NY 10004 14 SVCS 1 STATE STREET 30TH FLOOR ABSHER VICTORIA LYNN % BROOKSHIRE 3616 HWY 221 N - APT MARION 28752 15711995 CENTERSTATE BANKS, INC. C/O CONTINENTAL STOCK ESCHEATMENT NEW YORK NY 10004 14 SVCS 1 STATE STREET 30TH FLOOR ABSHER VICTORIA LYNN % BROOKSHIRE 3616 HWY 221 N - APT MARION 28752 15711996 CENTERSTATE BANKS, INC. C/O CONTINENTAL STOCK ESCHEATMENT NEW YORK NY 10004 14 SVCS 1 STATE STREET 30TH FLOOR ABSHER VICTORIA LYNN % BROOKSHIRE 3616 HWY 221 N - APT MARION 28752 15711977 CENTERSTATE BANKS, INC. C/O CONTINENTAL STOCK ESCHEATMENT NEW YORK NY 10004 14 SVCS 1 STATE STREET 30TH FLOOR ABSHER VICTORIA LYNN % BROOKSHIRE 3616 HWY 221 N - APT MARION 28752 15711990 CENTERSTATE BANKS, INC. C/O CONTINENTAL STOCK ESCHEATMENT NEW YORK NY 10004 14 SVCS 1 STATE STREET 30TH FLOOR ABSHER VICTORIA LYNN % BROOKSHIRE 3616 HWY 221 N - APT MARION 28752 15711992 CENTERSTATE BANKS, INC.
[Show full text]
The Preservation and Adaptation of a Financial Architectural Heritage
University of Pennsylvania ScholarlyCommons Theses (Historic Preservation) Graduate Program in Historic Preservation 1998 The Preservation and Adaptation of a Financial Architectural Heritage William Brenner University of Pennsylvania Follow this and additional works at: https://repository.upenn.edu/hp_theses Part of the Historic Preservation and Conservation Commons Brenner, William, "The Preservation and Adaptation of a Financial Architectural Heritage" (1998). Theses (Historic Preservation). 488. https://repository.upenn.edu/hp_theses/488 Copyright note: Penn School of Design permits distribution and display of this student work by University of Pennsylvania Libraries. Suggested Citation: Brenner, William (1998). The Preservation and Adaptation of a Financial Architectural Heritage. (Masters Thesis). University of Pennsylvania, Philadelphia, PA. This paper is posted at ScholarlyCommons. https://repository.upenn.edu/hp_theses/488 For more information, please contact [email protected]. The Preservation and Adaptation of a Financial Architectural Heritage Disciplines Historic Preservation and Conservation Comments Copyright note: Penn School of Design permits distribution and display of this student work by University of Pennsylvania Libraries. Suggested Citation: Brenner, William (1998). The Preservation and Adaptation of a Financial Architectural Heritage. (Masters Thesis). University of Pennsylvania, Philadelphia, PA. This thesis or dissertation is available at ScholarlyCommons: https://repository.upenn.edu/hp_theses/488 UNIVERSITY^ PENN5YLV^NIA. UBKARIE5 The Preservation and Adaptation of a Financial Architectural Heritage William Brenner A THESIS in Historic Preservation Presented to the Faculties of the University of Pennsylvania in Partial Fulfillment of the Requirements for the Degree of MASTER OF SCIENCE 1998 George E. 'Thomas, Advisor Eric Wm. Allison, Reader Lecturer in Historic Preservation President, Historic District ouncil University of Pennsylvania New York City iuatg) Group Chair Frank G.
[Show full text]
Guide to the Department of Buildings Architectural Drawings and Plans for Lower Manhattan, Circa 1866-1978 Collection No
NEW YORK CITY MUNICIPAL ARCHIVES 31 CHAMBERS ST., NEW YORK, NY 10007 Guide to the Department of Buildings architectural drawings and plans for Lower Manhattan, circa 1866-1978 Collection No. REC 0074 Processing, description, and rehousing by the Rolled Building Plans Project Team (2018-ongoing): Amy Stecher, Porscha Williams Fuller, David Mathurin, Clare Manias, Cynthia Brenwall. Finding aid written by Amy Stecher in May 2020. NYC Municipal Archives Guide to the Department of Buildings architectural drawings and plans for Lower Manhattan, circa 1866-1978 1 NYC Municipal Archives Guide to the Department of Buildings architectural drawings and plans for Lower Manhattan, circa 1866-1978 Summary Record Group: RG 025: Department of Buildings Title of the Collection: Department of Buildings architectural drawings and plans for Lower Manhattan Creator(s): Manhattan (New York, N.Y.). Bureau of Buildings; Manhattan (New York, N.Y.). Department of Buildings; New York (N.Y.). Department of Buildings; New York (N.Y.). Department of Housing and Buildings; New York (N.Y.). Department for the Survey and Inspection of Buildings; New York (N.Y.). Fire Department. Bureau of Inspection of Buildings; New York (N.Y.). Tenement House Department Date: circa 1866-1978 Abstract: The Department of Buildings requires the filing of applications and supporting material for permits to construct or alter buildings in New York City. This collection contains the plans and drawings filed with the Department of Buildings between 1866-1978, for the buildings on all 958 blocks of Lower Manhattan, from the Battery to 34th Street, as well as a small quantity of material for blocks outside that area.
[Show full text]
5Northerntrustcorporation.Pdf
NORTHERN TRUST CORPORATION/IRS/BAR http://www.irs.gov/pub/irs-pdf/f1066.pdf U.S. Real Estate Mortgage Investment Conduit (REMIC) Income Tax Return The SEC info basically tells you that the IRS and the American Bar Association are the same organization under the Northern Trust Corporation. That paperwork was accompanied with the claim that they did not owe any taxes, the document was admitted as evidence, and the law firm declared bankruptcy and left the state. The banks are owned by the Northern Trust Corporation including wells fargo that is owned by the Bar Association. Dunn and Bradstreet is also owned by the Bar Association Every time a Judge makes a judgement, being a Bar Member, you know the rest. Everything always go through the Rail Road, over the ocean and then to the Crown, then to the vatican. Northern Trust Corporation Holds the IRS Company File Number: 0774471 Incorporation Date / Formation Date: 08/23/1971 (mm/dd/yyyy) Entity Name: NORTHERN TRUST CORPORATION Entity Kind: CORPORATION Entity Type: GENERAL Residency: DOMESTIC State: DE REGISTERED AGENT INFORMATION Name: THE CORPORATION TRUST COMPANY Address: CORPORATION TRUST CENTER 1209 ORANGE STREET City: WILMINGTON County: NEW CASTLE State: DE Postal Code: 19801 and all of the banks listed in the same document. the first name of the IRS:1933- INTERNAL REVENUE TAX AND AUDIT SERVICE, INC 7/12/1933 File Number #0325720 Then this is the right line up...Central Trust Company of New York owns The Corporation Trust Co which is the registered Agent for Northern Trust Corp Northern Trust Corp is the holder of > • IRS Company • JPMorgan Chase & Co.
[Show full text]
Export-Import Bank of Washington Press Release For
m ^$ EXPORT-IMPORT BANK OF WASHINGTON PRESS RELEASE FOR FINANCIAL PAGE October 19, 1955 FOR RELEASE A. M. PAPERS, THURSDAY, OCTOBER 20, 1955 The Export-Import Bank of Washington announced today that it has com pleted arrangements for the operation of the credit of $60,000,000 in favor of The Bank of Japan, authorized August k, 1955, for the purchase and export of United States cotton to Japan during the crop year ending July 31, 1956. The Bank of Japan has designated Japanese commercial banks as its agents in financing cotton purchases under the credit. The Japanese commer cial banks will, in turn, utilize the services of the following United States commercial banks: Bank of America National Trust 8c Savings Association Bankers Trust Company Brown Brothers Harriman & Co. The Chase Manhattan Bank Chemical Corn Exchange Bank The First National Bank of Boston The First National Bank of Chicago First National Bank in Dallas The First National City Bank of New York Guaranty Trust Company of New York Irving Trust Company The Hanover Bank Manufacturers Trust Company The Marine Midland Trust Company of New York The National Bank of Commerce of Houston The National Bank of Commerce of Seattle Republic National Bank of Dallas J. Henry Schroder Banking Corporation Seattle-First National Bank The Second National Bank of Houston Wells Fargo Bank Cotton sold under contracts entered into subsequent to August k, 1955> is eligible for financing under the line of credit. The purchases and ship ments of cotton financed under the credit are to be made in the customary manner with orders being placed by the textile mills of Japan, or their agents, with United States shippers.
[Show full text]
Manhattan Office Market
Manhattan Offi ce Market 2 ND QUARTER 2015 REPORT A NEWS RECAP AND MARKET SNAPSHOT Pictured: 1001 Avenue of the Americas Looking Ahead Partnership for New York City: New York’s Future as the World Financial Capital The report released in June concluded that while New York City remains the preferred location of global fi nancial companies to establish their headquarters, there is a growing trend to relocate jobs and business operations to lower cost, more business-friendly locations that are beyond the city’s border. A comprehensive survey was conducted in collaboration with Gerson Lehrman Group (GRG), intending to better understand how the fi nancial industry is evolving; and what measures are required to solidify New York’s competitive advantage as a global fi nancial center. Collected data represents an overview of the responses from 50-fi rm respondents that included large banks, insurance companies and asset managers, private equity fi rms, hedge funds, and fi nancial technology (FinTech) startups; and represent about 1/3rd of the total industry employment in the city. Additionally, observations were included from 8-real estate fi rms that were surveyed; along with interviews from other related experts in the fi eld. Financial Industry – an economic snapshot • Contributes 20% of the city’s economic output, representing twice that of the next top-grossing industry. • Accounts for nearly 1/3rd of the city’s private sector payroll, despite accounting for only 8%, or about 310,000 of the city’s private sector jobs in 2013; of which 23,000 jobs are high-technology in the areas of software, data processing and network management.
[Show full text]
Guide to the Postcard File Ca 1890-Present (Bulk 1900-1940) PR54
Guide to the Postcard File ca 1890-present (Bulk 1900-1940) PR54 The New-York Historical Society 170 Central Park West New York, NY 10024 Descriptive Summary Title: Postcard File Dates: ca 1890-present (bulk 1900-1940) Abstract: The Postcard File contains approximately 61,400 postcards depicting geographic views (New York City and elsewhere), buildings, historical scenes, modes of transportation, holiday greeting and other subjects. Quantity: 52.6 linear feet (97 boxes) Call Phrase: PR 54 Note: This is a PDF version of a legacy finding aid that has not been updated recently and is provided “as is.” It is key-word searchable and can be used to identify and request materials through our online request system (AEON). 2 The New-York Historical Society Library Department of Prints, Photographs, and Architectural Collections PR 054 POSTCARD FILE ca. 1890-present (bulk dates: 1900-1940) 52.6 lin. ft., 97 boxes Series I. Geographic Locations: United States Series II. Geographic Locations: International Series III. Subjects Processed by Jennifer Lewis January 2002 PR 054 3 Provenance The Postcard File contains cards from a variety of sources. Larger contributions include 3,340 postcard views of New York City donated by Samuel V. Hoffman in 1941 and approximately 10,000 postcards obtained from the stock file of the Brooklyn-based Albertype Company in 1953. Access The collection open to qualified researchers. Portions of the collection that have been photocopied or microfilmed will be brought to the researcher in that format; microfilm can be made available through Interlibrary Loan. Photocopying Photocopying will be undertaken by staff only, and is limited to twenty exposures of stable, unbound material per day.
[Show full text]
Understanding the News That Moves Markets
Understanding the News that Moves Markets EMNLP 2018 November 3, 2018 Gideon Mann Head of Data Science, Office of the CTO My journey: bad hair to no hair What this talk is not about: How to make money on the stock market What this talk is about: Financial technology The news that moves markets Computer Things BlocksWorld Financial Technology Financial Technology II Financial Technology III What is the finance ecosystem? 50,000 40,000 D S Bonds U 30,000 Bonds have more market n i 20,000 s n o i l 10,000 value than equities l i Equities B 0 03 04 05 06 07 08 09 10 11 12 13 14 5,000 4,500 4,000 FX has the most daily D S 3,500 U 3,000 n notational volume i 2,500 s n 2,000 o i l 1,500 l i 1,000 B 500 0 Equities Commodities Bonds FX Govt + Corp Equities Vastly more structured Municipal Bonds products and derivatives Derivatives than equities Structured Products Sources: WCAUUS Index, http://www.sifma.org/research/statistics.aspx News moves markets Not all channels are the same… [Dredze et al. 2016] [Osborne, Dredze 2014] …not all sources are the same First Bloomberg Headline New York Times story SEC Announcement ~12% Broadcomm is said to explore deal to acquire chipmaker Qualcomm Human Language Technology, not Renaissance Technologies Time is not a myth Days & Hours Fundamental Investor Minutes Institutional Trader Milliseconds Event Driven Algorithmic Trader Microseconds High Frequency Trading Detection Extraction Interpretation Presentation New text arrives Extract structured Relate new data to Inform the user on data from text existing data
[Show full text]
Digitized for FRASER Federal Reserve Bank of St
'THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES. NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. F.R; CONFIDENTIAL ' BbAftD OF GOVERNORS OF THE FEDERAL RESERVE SfSTEM L.U.5 ; November 17, 19$h CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING OCTOBER 1951 Class Date of Name and location of banks and branches of bank change New banks (except successions and conversions) Uptown National Bank Moline, 111. National 10- 1-5U Rock Island County Arkansas Valley State Bank Valley Center, Kansas Ins.non. 10- k-5k Sedgwick County Oconee County Bank Seneca, S. C. Ins. non. 10-lli-SL Oconee County Successions and conversions Bank of Dunedin Dunedin, Fla. Ins.non. 10-20-51; Converted to — First National Bank Dunedin, Fla. National Industrial Savings Bank Miami, Fla, Ins.non. 10- 1-SU Converted to — Industrial National Bank Miami, Fla. National Blacksburg Depository Blacksburg, S, C. Nonins. 10- 7-5k Converted to — Blacksburg State Bank Blacksburg, S. C. Ins.non. Graniteville Depository Graniteville, S. C. Nonins. 10- 1-5L Converted to — Graniteville Valley Bank Graniteville, S. C. Ins.non. Consolidations, absorptions, etc. Antioch Bank of Savings Antioch, Calif. Ins.non. 10- 1~$h First National Bank Antioch, Calif. National These two banks were absorbed by — Wells Fargo Bank & Union Trust Co, San Francisco, Calif. Member Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 2 - Class Date of Name and location of banks and branches of bank change Consolidations, absorptions, etc. (Cont'd) Bank of Eureka Eureka, Calif. Ins.non. 10- U-5U Anglo California National Bank San Francisco, Calif.
[Show full text]
Fordham Journal of Corporate & Financial
Fordham Journal of Corporate & Financial Law Volume 13 Issue 4 Article 6 2008 Bank Merger Reform Takes an Extended Philadelphia National Bank Holiday Edward Pekarek Michela Huth Follow this and additional works at: https://ir.lawnet.fordham.edu/jcfl Part of the Banking and Finance Law Commons, and the Business Organizations Law Commons Recommended Citation Edward Pekarek and Michela Huth, Bank Merger Reform Takes an Extended Philadelphia National Bank Holiday, 13 Fordham J. Corp. & Fin. L. 595 (2008). Available at: https://ir.lawnet.fordham.edu/jcfl/vol13/iss4/6 This Article is brought to you for free and open access by FLASH: The Fordham Law Archive of Scholarship and History. It has been accepted for inclusion in Fordham Journal of Corporate & Financial Law by an authorized editor of FLASH: The Fordham Law Archive of Scholarship and History. For more information, please contact [email protected]. BANK MERGER REFORM TAKES AN EXTENDED PHILADELPHIA NATIONAL BANK HOLIDAY By Edward Pekarek and Michela Huth* * Edward Pekarek holds an LL.M. degree in Corporate, Banking and Finance Law from Fordham University School of Law, a J.D., Cleveland Marshall College of Law, and a B.A. from the College of Wooster. Michela Huth holds a J.D., Cleveland Marshall College of Law and a B.A. from the College of Wooster. The Authors wish to thank Fordham University School of Law Banking Professor Carl Felsenfeld, for his kind support and sage guidance. The foregoing opinions, conclusions, and perhaps errors and omissions, are solely those of the Authors. Comments and questions should be directed to the Authors at [email protected].
[Show full text]
Download (Pdf)
FEDERAL RESERVE BANK OF NEW YORK rcircular No. 501 [November 15,1922 Nominations for Directors To All Member Banks in the Second Federal Reserve District: As provided for in our Circular No. 497 issued October 21,1922, announce- ment is made on the following pages of nominations received from member banks in Group 1 in this district for one Class A director and one Class B director of the Federal Reserve Bank of New York. The banks of Group 1 will be the only ones which will vote at this election. On or about December 4, announcement of the result will be made to all member banks. Very truly yours, PIERRE JAY, Chairman. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Those Nominated for Class A Director JAMES S. ALEXANDER, OF NEW YORK, N. Y. Nominated by the following member banks in Group 1 New York Name of Bank •• New York Coal & Iron National Bank New York Public National Bank New York United States Trust Company Utica First National Bank GATES W. McGARRAH, OF NEW YORK, N. Y. Nominated by the following member banks in Group 1 Connecticut Name of Bank Bridgeport First National Bank New Jersey Newark Merchants & Manufacturers National Bank Newark National Newark & Essex Banking Company - New York Albany National Commercial Bank and Trust Company Albany New York State National Bank Brooklyn Mechanics Bank Brooklyn Nassau National Bank Buffalo Fidelity Trust Company New York Bank of America New York Bankers Trust Company New York Chase National Bank New York Chatham & Phenix National Bank New York Chemical National Bank New York Corn Exchange Bank New York Fifth Avenue Bank New York First National Bank New York Garfield National Bank New York Guaranty Trust Company New York Importers & Traders National Bank New York Irving National Bank New York Mechanics & Metals National Bank New York National Bank of Commerce New York National Park Bank New York Seaboard National Bank New York United States Mortgage & Trust Company m Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St.
[Show full text]
Download (Pdf)
I. i' NOT FOR PUBLICATION BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Ml -- 1 LIBRARY NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE, nhnnres in Status of Banks and Branches During October 1963 NOV 20 1963 FEDERAL f,v -1 fVrE-frft Class Date of OJ- PXHMO/i'D Change feme and location of banks and branches of Bank New Banks (Except successions and conversions) Comxmity National Bank of National 10-14-63 Fresno County Mendota, Calif. Fresno County National 10- 8-63 First National Bank Oakland, Calif. Alameda County National 10- 7-63 First National Bank Burlington, Colo. Kit Carson County National 10-14-63 Security National Bank Denver, Colo. Denver County National 10-17-63 Harbor City National Bank Eau Gallic, Fla. Brevard County National 10-23-63 Liberty National Bank Fort Lauderdale, Fla. Broward County 10-21-63 Peoples Liberty National Bank North Miami, Fla. National Dade County Ins.non. 10-15-63 Ccmunity Bank Divernon, 111. Sangamon County 10-28-63 Frances Slocun Banl: & Trust Co. Wabash, Ind. Ins.non. Wabash County Ins.non. 10- 1-63 Cauanche State Bank Camanchee, Iowa Clinton County 10- 8-63 North Shore State Bank Wayzata, Minn. Ins.non. Hennepin County National 10-15-63 American National Bank Springfield, Mo. Greene County Ins.non. 10-25-63 Morgan County Bank Versailles, Mo, Morgan County Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis Class I Date of Name and location of banks and branches of Bank | Chance New Banks,(Cont'd) (Except successions and conversions) The Minatare State Bank Minatare, Neb.
[Show full text]