NEW YORK CITY-Sales firm Massey Knakal is marketing four lots within the Hudson Yards special zoning district that could be converted for hotel and retail usage, chairman Robert Knakal tells GlobeSt.com’s Jacqueline Hlavenka.
NEW YORK CITY-The 29 new codes, part of the city’s plaNYC’s 30-year master plan, strive to reduce greenhouse gas emissions, reduce building energy costs and save 30 billion gallons of water.
NEW YORK CITY-The bi-state transportation agency is exploring a public-private partnership deal to modernize the 1.3-million-square-foot central terminal building in Astoria, Queens. So far, 15 proposals have been filed.
NEW YORK CITY-A report by Enterprise Community Partners and the Citizens Housing and Planning Council shows that distressed apartment buildings increase the risk of deterioration for surrounding towers and raises costs for the general public.
NEW YORK CITY-In light of the European Commission’s decision, both companies are in discussions to terminate their merger agreement. Following the termination, NYSE Euronext will resume a $550 million share repurchase program to return capital to shareholders.
NEW YORK CITY-With mortgage rates and home prices at record lows, the commercial real estate industry is divided over whether President Obama’s mortgage overhaul and fraud task force will help—or hurt—housing.
NEW YORK CITY-During an earnings call on Tuesday morning, CEO Marc Holliday said the REIT’s portfolio activity is “high” despite a citywide slowdown, showing 662,000 square feet of leasing and $4.5 billion in acquisitions.
NEW YORK CITY-A vacant space at the 95,000-square-foot shopping center adjacent to the Staten Island Expressway has been leased to Stop & Shop Supermarket, bringing the property to 100% occupancy – all within eight short days.
NEW YORK CITY-As the pendulum continues to swing back in-favor of the tenant, managers, landlords and brokers are working their magic to stand out from the crowd.