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-A new study launches the process for revitalization just south of the World Trade Center, including some 2,000 multifamily units. But the biggest challenge isn't what to do with the Battery Tunnel entrance or a workable street grid. It's retail.
NEW YORK CITY-A new study launches the process for revitalization just south of the World Trade Center, including some 2,000 multifamily units. But the biggest challenge isn't what to do with the Battery Tunnel entrance or a workable street grid. It's retail.
TAMPA, FL-The bulk of the properties--13--goes to Hospitality Properties Trust while the remaining two flip to Strategic Hotel Capital. The disposition brings the total number of assets sold to 121 since the firm began its disposition strategy. The locally based Plasencia Group advised the group on the sale.
TAMPA, FL-The bulk of the properties--13--goes to Hospitality Properties Trust while the remaining two flip to Strategic Hotel Capital. The disposition brings the total number of assets sold to 121 since the firm began its disposition strategy. The locally based Plasencia Group advised the group on the sale.
NEW YORK CITY-There's a rush to lock in rental rates before the inevitable climb, says C&W's Ken Krasnow. For now, it's helping fuel a growth spurt for much of the Manhattan office market.
NEW YORK CITY-Tunnel traffic is the primary reason for Goldman Sachs' decision to drop plans for its $2-billion Downtown headquarters. But a Manhattan home is still in the cards, say company spokespeople.
NEW YORK CITY-Tunnel traffic is the primary reason for Goldman Sachs' decision to drop plans for its $2-billion Downtown headquarters. But a Manhattan home is still in the cards, say company spokespeople.
NEW YORK CITY-Tishman Speyer is the winning bidder for the MetLife Building at 200 Park Ave., sources tell GlobeSt.com. The site went for "just above $1.7 billion."
NEW YORK CITY-Tishman Speyer is the winning bidder for the MetLife Building at 200 Park Ave., sources tell GlobeSt.com. The site went for "just above $1.7 billion."