NEW YORK CITY-Corporate managing director for Julien J. Studley L. Craig Lemle tells GlobeSt.com that even with dot-com failures this is still a very strong owners' market.
NEW YORK CITY-During Mayor Giuliani's parting State of the City Address delivered in City Hall last night, he gave a sweeping vision of new construction projects to come in every borough of the city.
NEW YORK CITY-Cushman & Wakefield, based here, has signed a letter of intent with the Atlanta-based company, The Apartment Group. The two companies will merge their multifamily brokerage operations.
NEW YORK CITY-The office market continues to be tight, and many experts argue the vacancies created by mergers and acquisitions, as well as dot-com closures will be beneficial, returning some prime office space to a starved city.
NEW YORK CITY-While there is still concern over relocation of industrial property to New Jersey, the state is confident that the city's appeal will at least keep businesses pushed out by the tight market in the city's New York suburbs.
NEW YORK CITY-Rent at the office building located in the Grand Central District has jumped by about $19 per sf on average, due in large part, according to its general manager, to the $30 million capital improvement project underway.
STAMFORD, CT-Dan Mambrino of the Cushman & Wakefield office here has negotiated the sale of 423 acres comprised of industrial space and open land for Miller Brewing Co.
STAMFORD, CT-The 482,852-sf International Paper Building has been sold for $105 million to 400 Atlantic Associates LLC, a partnership of three separate companies. International Paper will then lease space on four floors of the building.
NEW YORK CITY-Just as people around the world were preparing for their New Year's weekend celebrations, hundreds of e-business employees in Silicon Alley were planning to kick off the new year this week hunting for new jobs.
NEW YORK CITY-Offices throughout the city are re-examining their infrastructure to support the latest technology demands on business. IntelliSpace has been expanding its own offices and its presence in offices throughout the city.