Pennsylvania Plaza

SOSV Closes $306M Deep Tech Fund for Human and Planetary Health

Retrieved on:

Tuesday, April 16, 2024

PRINCETON, N.J., April 16, 2024 /PRNewswire/ -- SOSV , a multi-stage deep tech venture investor, today announced the close of its $306 million SOSV V fund, the firm's largest fund to date.

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PRINCETON, N.J., April 16, 2024 /PRNewswire/ -- SOSV , a multi-stage deep tech venture investor, today announced the close of its $306 million SOSV V fund, the firm's largest fund to date.
SOSV V will focus on deep tech startups in human and planetary health, with an emphasis on the intertwined imperatives of decarbonization and re-industrialization—part of the fund's mandate to "reinvent the means of production"—even as SOSV continues to pioneer investments in health ranging from therapeutics to medical devices.
"As the first check in deep tech, SOSV represents the start of the journey for hundreds of deep tech founders," said Sean O'Sullivan, SOSV's founding and managing general partner.
Active deep tech co-investors in SOSV portfolio companies welcomed the SOSV V news.

Empire State Realty Trust Signs Skanska and Aprio for 40k Square Feet at the Empire State Building

Retrieved on:

Thursday, June 29, 2023

Commercial Building & Real Estate, Construction & Property, Destinations, REIT, Travel, Tourist Attractions, Skanska, JLL, ESRT, ESB, Tenant, Empire, CBRE, Aprio, LLP, Pennsylvania Plaza, Self storage, Newmark

1 fastest-growing business advisory and accounting firm in the U.S. , will relocate its NYC offices from 7 Penn Plaza to a new 14,945 square foot space at ESB.

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1 fastest-growing business advisory and accounting firm in the U.S. , will relocate its NYC offices from 7 Penn Plaza to a new 14,945 square foot space at ESB.
"Since 2008 we have been proud to call the 32nd floor of the Empire State Building our headquarters for USA operations.
TJ Hochanadel of JLL represented Aprio while Jordan Berger of ESRT and Scott Klau of Newmark represented the property owner.
More information about the Empire State Building, and current commercial space for lease, can be found online .

Dove Men+Care Highlights Fathers' Most Defining Moments with NEW #CongratsItsADad Campaign

Retrieved on:

Monday, June 19, 2023

Parental leave, Parent, Paternity, Emotion, Child, Times Square, Father, Unilever, Pennsylvania Plaza, Ogilvy, Toy, Birth control

ENGLEWOOD CLIFFS, N.J., June 19, 2023 /PRNewswire/ -- This Father's Day, Dove Men+Care proudly launched #CongratsItsADad, a campaign celebrating the moment that men became fathers to newborns on the very day that is dedicated to them. This initiative demonstrated a keen sense of agility through its execution, while realizing the brand's ongoing commitment to recognize the transformative effects that care has on a man's life.

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This campaign was developed to not only celebrate their care, but also to support them as they embark on this new fatherhood journey.
Since 2019, this has been a focus for Dove Men+Care, with the introduction of the Pledge for Paternity Leave .
The desire to create a campaign that demonstrates fatherhood in this way is inherent in the team's personal experiences.
To learn more about Dove Men+Care and their commitment to supporting fathers and men, visit www.dovemencare.com .

Pure Storage Accelerates Growth with New East Coast Sales Headquarters in New York City

Retrieved on:

Wednesday, April 26, 2023

Code, Quinone, Pzena Investment Management, Woman, PSTG, Pure Storage, Growth, Pure, NYSE, Pennsylvania Plaza, Industrial design, Renewable energy

The new sales headquarters located in New York City will serve as the foundation to further support this growth and reach new customer demands as Pure continues to expand its portfolio of industry-leading enterprise data storage products and solutions.

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The new sales headquarters located in New York City will serve as the foundation to further support this growth and reach new customer demands as Pure continues to expand its portfolio of industry-leading enterprise data storage products and solutions.
Located at One Penn Plaza in Manhattan, the office provides expanded collaboration space for Pure Storage employees, customers, and partners.
Pure Storage is eager to leverage its expanded presence in New York City with a continued focus on giving back to the community.
- Mark Levine, Manhattan Borough President
"We're excited for the opening of the new Pure Storage office in New York City.

EMPIRE STATE REALTY TRUST SHARES GROUNDBREAKING 'EMPIRE BUILDING PLAYBOOK: AN OWNER'S GUIDE TO LOW CARBON RETROFITS' IN PARTNERSHIP WITH NYSERDA AND MAJOR NYC-BASED LANDLORDS

Retrieved on:

Thursday, April 21, 2022

NEW YORK, April 21, 2022 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT), joined by President Bill Clinton, Governor Kathy Hochul, Mayor Eric Adams, and New York State Energy Research and Development Authority (NYSERDA) President and CEO Doreen Harris, announced today at the Empire State Building the publication of the new Empire Building Playbook: An Owner's Guide to Low Carbon Retrofits. Co-developed with NYSERDA and supported by other NYC-based landlords and the Clinton Global Initiative, the innovative guide outlines the step-by-step process for existing commercial buildings to develop a pathway to carbon reduction with proven returns on investment.

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To celebrate the launch of this critical guide, the Empire State Building will sparkle in green the night of April 21 beginning at sunset.
Owner of the Empire State Building, the World's Most Famous Building, ESRT also owns and operates its iconic, newly reimagined Observatory Experience.
More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook , Instagram , Twitter and LinkedIn .
View original content to download multimedia: https://www.prnewswire.com/news-releases/empire-state-realty-trust-share...
SOURCE Empire State Realty Trust, Inc.

Madison Square Garden Entertainment Announces the Return of Acclaimed Holiday Theatrical “‘Twas the Night Before…” by Cirque du Soleil

Retrieved on:

Thursday, July 29, 2021

Events, Concerts, General Entertainment, Other Entertainment, Entertainment, Theatre, Madison Square Garden Sports, Companies, Pennsylvania Plaza, New York City, Gulf and Western Industries, Cablevision, Movie palaces, Cirque du Soleil, Madison Square Garden Entertainment, Hulu Theater, Madison Square Garden, MSG Network

Madison Square Garden Entertainment Corp. (MSG Entertainment) is pleased to announce that the acclaimed family holiday theatrical Twas the Night Before by Cirque du Soleil is returning to both The Chicago Theatre and Hulu Theater at Madison Square Garden, two of MSG Entertainments venues.

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Madison Square Garden Entertainment Corp. (MSG Entertainment) is pleased to announce that the acclaimed family holiday theatrical Twas the Night Before by Cirque du Soleil is returning to both The Chicago Theatre and Hulu Theater at Madison Square Garden, two of MSG Entertainments venues.
View the full release here: https://www.businesswire.com/news/home/20210729005880/en/
Twas the Night Before, Cirque du Soleils exhilarating spin on the beloved Christmas tale, is about the wonders of sharing and friendship.
The critically acclaimed production returns to The Chicago Theatre and Hulu Theater at Madison Square Garden after debuting at both venues in 2019.
Tickets for Twas the Night Before at Hulu Theater at Madison Square Garden start at $40 and can be purchased online at www.msg.com/cirque .

Vornado to Increase its Ownership Interest in One Park Avenue to 100%

Retrieved on:

Tuesday, July 20, 2021

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NEW YORK, July 20, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that, pursuant to a right of first offer, it has agreed to acquire Canada Pension Plan Investment Board’s (“CPP Investments”) 45% interest in One Park Avenue, increasing Vornado’s ownership interest to 100%. The purchase price values the property at $875 million. The consideration to CPP Investments is approximately $158 million in cash plus Vornado is assuming CPP Investments’ share of the existing debt. The property is currently encumbered by $525 million of debt, which bears interest at a rate of LIBOR plus 1.11% (currently 1.20%) and matures in March 2026, as fully extended.

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NEW YORK, July 20, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that, pursuant to a right of first offer, it has agreed to acquire Canada Pension Plan Investment Boards (CPP Investments) 45% interest in One Park Avenue, increasing Vornados ownership interest to 100%.
The consideration to CPP Investments is approximately $158 million in cash plus Vornado is assuming CPP Investments share of the existing debt.
The property is currently encumbered by $525million of debt, which bears interest at a rate of LIBOR plus 1.11% (currently 1.20%) and matures in March 2026, as fully extended.
One Park Avenue is a 943,000 square foot Manhattan office building that is 67% leased to New York University (S&P: AA-) through May 2050.

MSG Entertainment Completes Acquisition of MSG Networks

Retrieved on:

Friday, July 9, 2021

Madison Square Garden Entertainment Corp. (MSG Entertainment) (NYSE: MSGE) announced today that it has completed its previously announced acquisition of MSG Networks Inc.

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Madison Square Garden Entertainment Corp. (MSG Entertainment) (NYSE: MSGE) announced today that it has completed its previously announced acquisition of MSG Networks Inc.
Andrew Lustgarten will continue to serve as President of MSG Entertainment, and Andrea Greenberg will join MSG Entertainment and serve as President and CEO of MSG Networks both reporting to MSG Entertainment Executive Chairman and CEO, James Dolan.
About Madison Square Garden Entertainment Corp.
Madison Square Garden Entertainment Corp. (MSG Entertainment) is a leader in live entertainment.
These risks, as well as other risks associated with the transaction between MSG Entertainment and MSG Networks, are more fully discussed in the joint proxy statement/prospectus filed by MSG Entertainment and MSG Networks with the SEC on June 4, 2021 in connection with the proposed transaction.

Paul Westbury Promoted to Executive Vice President of Development and Construction

Retrieved on:

Tuesday, June 8, 2021

Madison Square Garden Entertainment Corp. (NYSE: MSGE) (MSG Entertainment) today announced that Paul Westbury an accomplished executive with more than 25 years of diverse global construction industry experience has been promoted to Executive Vice President of Development and Construction.

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Madison Square Garden Entertainment Corp. (NYSE: MSGE) (MSG Entertainment) today announced that Paul Westbury an accomplished executive with more than 25 years of diverse global construction industry experience has been promoted to Executive Vice President of Development and Construction.
Mr. Westbury previously served as Senior Vice President of Development and Construction where he has played a critical role in advancing the Companys MSG Sphere initiative state-of-the-art venues that will pioneer the next generation of immersive experiences.
As Executive Vice President, Mr. Westbury will oversee strategic planning and delivery for all of MSG Entertainments venue development projects, led by MSG Sphere.
He joined MSG Entertainment in 2019 as Senior Vice President of Development and Construction, bringing his expertise to MSG Sphere.

Molekule Named Official Air Purification Partner of Madison Square Garden Arena

Retrieved on:

Thursday, May 20, 2021

b"Madison Square Garden Entertainment Corp. announced today a multi-year marketing partnership with Molekule, naming them as the Official Air Purification Partner of Madison Square Garden Arena.

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b"Madison Square Garden Entertainment Corp. announced today a multi-year marketing partnership with Molekule, naming them as the Official Air Purification Partner of Madison Square Garden Arena.
As part of the partnership, Madison Square Garden will install Molekule\xe2\x80\x99s FDA-cleared air purification devices throughout and around the World\xe2\x80\x99s Most Famous Arena.
In addition, Molekule will receive significant brand integration, in and around The Garden.\nThis press release features multimedia.
The Company presents or hosts a broad array of events in its diverse collection of venues: New York\xe2\x80\x99s Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre; and The Chicago Theatre.