NEW YORK CITY-Currently, there is no place at the 60 Hudson St. telecom hotel where carriers can intersect. A new 15,000-sf facility, dubbed the Meet-Me-Room, will change that.
NEW YORK CITY-When visitors click on the Times' site they will gain access to the papers' online and print commercial real estate listings and soon will connect with those published by the Boston Globe.
NEW YORK CITY-In 1998, the class A facility recently underwent $6-million in capital improvements to its lobby, elevators, roof, garage, and energy management and fire alarm systems.
NEW YORK CITY-The financings involve a Kmart net-leased distribution facility in Ohio and a Honeywell office building in Arizona. The company has also acquired a new $35-million credit facility.
NEW YORK CITY-Compared to the S&P 500, the Dow and the Nasdaq, the Morgan Stanley REIT Index turned in an acceptable performance considering those other indices fell 12.7%, 8.0% and 26.6%, respectively.
NEW YORK CITY-Sprint and 360networks will share about 159,000 sf in the former headquarters of the Port Authority, which over the past few years has become home to many telecom and Internet companies.
NEW YORK CITY-One of the properties is a townhouse complex that was acquired for $5.4 million; the other is a 17-story rental that was bought for $12.7 million.
NEW YORK CITY-The original structure of four contiguous, five-story buildings is being enhanced with four more stories with terraces. Amenities will include master bathrooms with his and hers vanities and six-foot soaking bathtubs.
NEW YORK CITY-PricewaterhouseCoopers expects room demand to increase only 1.9% for the year and average daily rates to move up 3.8%, the worst performance since 1993. Prospects look better for 2002.
NEW YORK CITY-PricewaterhouseCoopers expects room demand to increase only 1.9% for the year and average daily rates to move up 3.8%, the worst performance since 1993. Prospects look better for 2002.