NEW YORK CITY-The real estate market maintained its resilience, with telecoms and ad agencies gobbling up space. Government agencies fell back, as did the garment industry.
NEW YORK CITY-In the fall, EdificeRex will add a commercial portal and upgrade its residential one. The site is also being upgraded for broadband Internet access.
NEW YORK CITY-High-tech tenants can benefit, too. They have to pay a hefty rent but don't have to spend money to install expensive communications wiring.
NEW YORK CITY-Controversy over the height of World Trump Tower may lead to zoning restrictions on how high buildings can rise. That might take the "creativity out of real estate," according to Trump.
NEW YORK CITY-Those looking for a home in Manhattan will be able to survey a large portion of the market from one source. The rest of the country has been doing it this way for years.