NYC towers put final touches on major upgrades as they buck downtown malaise
We know the bad news about downtown: offices 30% vacant, Water Street a near ghost town and some old buildings ...
Tag: office buildings
NYC’s most fashionable shopping corridor gets mystery makeover
Uptown Madison Avenue, the city’s premier luxury shopping corridor, faces momentous change on the gilded blocks where East Midtown meets ...
Owner of 60 Wall St. makes risky bet with massive $250M revamp
The struggling Financial District’s brightest hope — and biggest challenge for its owners — is 60 Wall St., the vacant, 1.6 ...
Aging NYC office building shows how to succeed despite trend toward shiny new towers
Let’s say you own a 60-year-old, near-900,000 square-foot Midtown office building. Demand for space in Midcentury buildings is weak. A half-billion-dollar ...
NYC workers continue to return to office as building ‘visitations’ move closer to pre-pandemic levels
The return-to-office trend continues apace. Manhattan office “visitations” in May were 74% of 2019 levels, compared with 70% in May ...
Blackstone boosts footprint at 345 Park Ave.
Blackstone’s imminent deal to expand by 250,000 square feet at its global headquarters, Rudin Management’s 345 Park Avenue, is a robust ...
Fast-growing Boca Raton is luring business away from Wall Street
New York’s wobbly office market, limping from a record-high 20% vacancy rate and loss of some tenants to lower-tax South Florida, ...
Rudin family plans to sell Downtown’s 80 Pine St. to Brooklyn developer Bushburg
News that the Rudin family apparently plans to sell 80 Pine Street to Joseph Hoffman’s real estate company Bushburg for ...
Unpaid NYC property taxes to hit record $880M: ‘no consequences’
New York City officials are forecasting overdue property taxes will surge to a record $880 million in the current fiscal ...
More NYC landlords tout ‘fun’ office amenities despite vacancy uptick
The fun-factor train keeps on chugging along at the city’s premier office buildings as landlords struggle to arrest an alarming increase ...
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