Jesse Serwer is managing editor of Real Estate New York, from which this article is excerpted.

Mary Ann Tighe is enthusiastic about 11 Times Square, and it’s not just because the CEO of CB Richard Ellis’ Tri-State Region is heading up the marketing for SJP Properties’ one-million-sf spec office tower.

“Between now and 2010, we know every piece of space that will be built in Midtown and, with the exception of 11 Times Square, almost all of it is leased at this point,” Tighe says, noting the furious pace at which the New York Times Building and the Bank of America Tower, slated for respective 2007 and 2008 openings, leased up last year.

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