Silverstein Properties is set to open the future home of the Port Authority of New York and New Jersey at 150 Greenwich Street, marking a historic first for the redevelopment of the World Trade Center site.
Archive | Manhattan
At 510 Madison, BXP Lands Freakonomics Firm in Triple-Digit Penthouse Deal
By Stephen Del Percio on October 30, 2013 in 510 Madison Avenue, Leases, LEED-CS, Manhattan, New York City, Plaza District, Transactions
Boston Properties’ 510 Madison Avenue continues to receive sky-high asking rents despite dropping its pursuit of LEED for Core and Shell Gold certification from USGBC.
Penn 2023: Making the Case for a New Penn Station, MSG, & Midtown West
By Stephen Del Percio on October 23, 2013 in Hudson Yards, Manhattan, Market Analysis, Midtown West, New York City, Urban Planning
The first in a series of reports from the Alliance for a New Penn Station begins building a strong case for a new Midtown West anchored by a twenty-first century, regional mass transit hub where Madison Square Garden stands today.
First Dibs: Online Auctioneer Is First Tenant at LEED Gold-Hopeful 51 Astor Place
By Stephen Del Percio on October 10, 2013 in East Village, Leases, LEED-NC, Manhattan, New York City, Transactions
In a deal that seems to portend more leasing activity on the horizon, Edward Minskoff has secured the first tenant for his Fumihiko Maki-designed, LEED Gold-hopeful 51 Astor Place in the East Village.
Big Tower, Small Spaces: 1 WTC to Subdivide 2 Full Floors for 18 Office Tenants
By Stephen Del Percio on September 29, 2013 in 1 World Trade Center, Financial District, Leases, LEED-NC, Manhattan, Market Analysis, New York City, Transactions, World Trade Center
In an effort that could fuel more leasing activity at the LEED Gold-hopeful 1 World Trade Center, the Durst Organization has announced that two full floors of the 104-story tower will be subdivided to accommodate 18 smaller office tenants.
In Midtown, Two More Class A Office Buildings Earn LEED-EB: OM Certification
By Stephen Del Percio on September 25, 2013 in Energy Star, LEED-EB, Manhattan, Market Analysis, Midtown, New York City, Plaza District
Two more high profile, Class A Midtown office buildings have earned LEED-EB: OM certification from USGBC, pushing New York City’s total number of LEED-EB ratings to nearly 50.
Old is New: Verizon HQ Makes Midtown Move to 1095 Sixth Avenue
By Stephen Del Percio on September 17, 2013 in 1095 Sixth Avenue, Bryant Park, Leases, Manhattan, New York City, Transactions, Tribeca
After nearly 90 years at 140 West Street in one of Manhattan’s most important early skyscrapers, Verizon is relocating its headquarters back to Midtown and 1095 Sixth Avenue, across the street from Bryant Park.
Downtown Download: Data Center Provider Signs Lease at 375 Pearl Street
By Stephen Del Percio on September 12, 2013 in Intellectual Property & Technology, Leases, Manhattan, New York City, Software, Transactions
In an 11,000-square-foot deal for up to 1 megawatt of power, the Fortune 500 data center provider Windstream has signed a 15-year lease at 375 Pearl Street’s Intergate.Manhattan facility.
WTC Construction Update: With Transit Hub on Horizon, Office Towers, Museum to Open By 2014
By Stephen Del Percio on September 10, 2013 in 1 World Trade Center, 3 World Trade Center, LEED-NC, Manhattan, Market Analysis, New York City, World Trade Center
By November, the first of the four office buildings that will make up the new World Trade Center will be finished, with 1 WTC to follow in early 2014. Let’s take a quick look at where construction and development efforts stand across the rest of the site.
Big, Bright, & Green: A Closer Look at the Future of Midtown West
By Stephen Del Percio on August 22, 2013 in Hudson Yards, LEED-NC, LEED-ND, Manhattan, Market Analysis, Midtown West, New York City, Urban Planning
Hudson Yards, Manhattan West, and associated infrastructure and transit improvements will transform the far West Side of Manhattan for good. Two recent panels discussed and revealed some important new insights on these two enormous projects, which will have wide-ranging effects on New York City’s real estate and construction industries.
