Comptroller and mayoral candidate John Liu called on the city to renegotiate its lease with the hotel.
The construction is expected to begin in the summer of 2013.
Realtors said landlords citywide are offering deals including lower rents on 18-month leases.
Outdoor clothing giant Patagonia will move into 313 Bowery, the former CBGB Gallery space.
Residents of 505 LaGuardia Pl. reached a lease deal with NYU to keep rent affordable.
The U.S. General Services Administration signed a lease for 1 World Trade Center.
Macaron Parlour has signed a lease at 111 St. Mark's Place.
Red Rooster Harlem's Marcus Samuelsson may have expressed interest in the Lenox Lounge space.
The popular pop up bookstore Word Up Books, at 4157 Broadway, is trying to extend its lease into 2012.
Francois Payard's wine and champagne bar has backed out of a lease for Third Avenue and East 76th Street, reps confirmed to DNAinfo. The space will instead become a Wink women's clothing store.
The St. Mark's Bookshop has been seeking a rent reduction to save the struggling store.
The St. Mark's Bookshop owners said landlord Cooper Union has offered to defer a month's rent to a later date, but has not reduced the store's rent as requested.
Con Ed was threatening to terminate Park51's lease on 51 Park Pl. as early as Oct. 4, 2011. Park51's community center once included plans for a controversial mosque.
The decade-old coffee shop closed Monday to make way for a new Starbucks outpost on First Avenue.
The nearly 35-year-old bookstore claims it needs a rent break from landlord the Cooper Union.
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