John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
NEW YORK CITY-Yesterday's routine conference call on quarterly results became anything but routine as Insignia Financial shareholders questioned chairman and CEO Andrew Farkas on reimbursements, political contributions and personal investments.
NEW YORK CITY-Unveiling proposed replacement acreage for the World Trade Center, the Lower Manhattan Development Corp. and the Port Authority yesterday rang the opening bell on what is planned to spark weeks of public discussion. Despite the variety of designs, all renderings reflect Silverstein and the Port Authority's rights as tenant and owner, said LMDC chief Whitehead.
NEW YORK CITY-The badge-checkers are stationed at the portals of our nation's lobbies, but most respondents to GlobeSt.com's latest Quick Survey tell us that it's not nearly enough.
NEW YORK CITY-Sublease space emerges from the shadows as GlobeSt.com and Sublease.com launch a new joint venture. The initiative provides a city-by-city marketing outlet to fill the nation's growing stock of sublease office space.
NEW YORK CITY-If you can't buy them, copy them. Just a month after CB Richard Ellis' failed attempt to buy Grubb & Ellis, it is in serious discussions with a handful of ex-Arthur Andersen real estate people about beefing up its corporate consultancy, sources say. CBRE remains mum on the subject.
NEW YORK CITY-Glenn Markman, a perennial top producer at Grubb & Ellis, has left the firm where he launched his career to accept an executive director post at Cushman & Wakefield.
DALLAS-Expect news and analysis from local reporters around the nation to appear soon in the pages of Real Estate Forum. REF will tap into GlobeSt.com's network of reporters around the country to complement its national coverage with local-market expertise. First up: Dallas.
LAS VEGAS-An industry renowned for its tech-phobia may reel again as it comes to grips with the next advancement in the post-dot-bomb world. Leaders of the Realcomm conference, kicking off today, say wireless is the next big thing, and if you're not prepared, you're in trouble.