TIMES SQUARE—The original New York Times Building has been sold. Israeli billionaire Lev Leviev has scooped up the iconic building for $525 million from Tishman Speyer, who had paid $175 million for it in 2004. [Crain's]
WILLIAMSBURG—A change of name and address can't throw us off the scent of 326 South 1st Street. A tipster passes along this report following a conversation with a broker: "145 Borinquen Place in Williamsburg is opening in about three weeks. It is called Triangulum (triangle building)...I tried to get in to look at the apts, but i couldn't. I did however go into the lobby and hallways and it looks like it is on its way to being a really cool renovation of an older walkup building. Definitely worth checking out. Not sure of pricing." Landlord backgrounder here. [CurbedWire Inbox]
MISCELLANEOUS—It's not just Joe Torre who is rumored to be on his way out of New York. A tipster reports, "Heard on a flight from JFK to Las Vegas on Thursday, Derek Jeter bought a farmhouse in Middlebury, CT. DJ currently lives in a TRUMP tower by the UN." [CurbedWire Inbox]