Negotiations ongoing to buy developer Joe Sitt’s huge Town Residential stake
An internal email from Town Residential CEO Andrew Heiberger makes clear the company’s intention to buy developer Joe Sitt out of his 50-percent stake in the agency. Sitt has been accused of starving the company of money and damaging its reputation.
Red Hook Will Get a Huge, Norman Foster-Designed Office Complex
Plans also call for the creation of publicly accessible waterfront esplanade, rooftop terraces, and a central courtyard. The offices will be spread out over two four-story buildings that will afford tenants views of the Statue of Liberty and Lower Manhattan.