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-It wasn't the common language, but the investors' previous experience that makes Great Britain the winner. There also seems to be growing interest in exploring "non-core" Europe.
NEW YORK CITY-Barry Gosin and Douglas Durst see the additional 60 million sf called for by Sen. Charles Schumer a necessity if New York City wants to remain competitive with New Jersey.
NEW YORK CITY-The deal came close to falling through, but Investors Bank & Trust has signed for 21,994 sf on Maiden Lane of the former IBM space in a $10-million deal.
NEW YORK CITY-The National Association of Real Estate Editors has recognized GlobeSt.com at its annual awards ceremony, held this year in Salt Lake City. Some 200 professional journalists competed in a variety of categories in the 51st annual awards race.
BROOKLYN, NY-With a "month or two" of incentives clearing its way, Health Plus consolidates offices in a former industrial site here. Talks are in the works for more white-collar firms in the former industrial asset.
STAMFORD, CT-With a sigh and a "that's that," locally based GE Capital walks away from the negotiation table. Berkadia's winning bid reportedly tops $8 billion in bailout funds for the fiscally beleaguered Finova.
NEW YORK CITY-Further solidifying its position as both news and information provider to the industry, GlobeSt.com today unveils quarterly multifamily-market statistics and in-depth reviews of industry products.
NEW YORK CITY-Results of a survey unveiled last night at the NYU Hospitality Conference reveal that only 58% of polled lodging firms have a formal E-business strategy. Expect the amount of online business to triple in three years.
NEW YORK CITY-Results of a survey unveiled last night at the NYU Hospitality Conference reveal that only 58% of polled lodging firms have a formal E-business strategy. Expect the amount of online business to triple in three years.
NEW YORK CITY-Rolling blackouts may be rolling your way, if the majority of respondents to GlobeSt.com's most recent Quick Survey are correct. Most believe that the problem will grow to national proportions before getting better.