The number 11 office address has been kind to recent commercial leasing activity in Midtown, with major renewal and retail deals finalized at 11 Penn Plaza and 11 Times Square, respectively.
The 40-story, 1.1 million-square-foot 11 Times Square – certified LEED for Core and Shell Gold – has leased 70 percent of its office space and all of its retail space after four recent deals totaling 75,000 square feet.
In a 220,000-square-foot deal, Microsoft has officially announced that it’s on the move from Sixth Avenue to the LEED Gold-certified 11 Times Square.
The 2011-12 BOMA/NY Pinnacle Awards were handed out earlier this month and this year’s set of entrants were a bumper crop: the field included the highest total of LEED- and Energy Star-rated buildings in the competition’s history.
Over the past couple of weeks, it’s been impossible to ignore the economic doomsday scenarios that pundits have been tossing about in the wake of several high profile bankruptcy declarations by subprime lenders like American Home Mortgage (as well as the $11.5 billion loan obtained by Countrywide Financial to bolster its cash reserves). So, should […]