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.
Archive | Midtown
Mid-Sized Midtown Office Buildings Earn LEED-EB: OM Certification
By Stephen Del Percio on May 14, 2013 in LEED-EB, Manhattan, Market Analysis, Midtown, New York City
Two mid-sized commercial office buildings in Midtown recently earned LEED-EB certification, pushing New York City’s total -EB count to 44 properties.
Connecting with 100K: LinkedIn Continues to Expand at Empire State Building
By Stephen Del Percio on May 8, 2013 in Energy Star, Leases, LEED-EB, Manhattan, Midtown, New York City, Transactions
LinkedIn’s continued and increasing presence at the Empire State Building could have repercussions for technology and media industry tenants that are looking for space throughout the Midtown and Midtown South submarkets.
With REIT Conversion Still Pending, Shutterstock Makes Move to Empire State Building
By Stephen Del Percio on April 2, 2013 in Empire State Building, Leases, Litigation, Manhattan, Midtown, New York City, Transactions
As Malkin Holdings moves forward with its plan to convert ownership in the Empire State Building into a publicly traded REIT, the image licensing company Shutterstock has signed an 80,000-square-foot lease across two entire floors at the iconic tower.
Midtown Double: Office, Retail Leases Finalized at 11 Penn Plaza, 11 Times Square
By Stephen Del Percio on March 26, 2013 in 11 Times Square, Leases, LEED-EB, LEED-NC, Manhattan, Midtown, New York City, Times Square, Transactions
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.
With Court’s Approval, Empire State Building REIT Conversion Takes Important Step Forward
By Stephen Del Percio on March 4, 2013 in Empire State Building, Finance, Litigation, Manhattan, Midtown, New York City, Transactions
Pending a final hearing on May 2, a New York County Supreme Court judge has given his preliminary approval for Malkin Holdings’ plan to convert ownership in the Empire State Building (and 18 other properties) into a publicly traded real estate investment trust.
In Good News for NYC’s Green Building Industry, Malkin Settles Empire State Building REIT Conversion Lawsuit
By Stephen Del Percio on December 3, 2012 in Empire State Building, LEED-EB, Litigation, Manhattan, Midtown, New York City
News that Malkin Properties has settled the lawsuit challenging the conversion of its ownership interest in the Empire State Building into a publicly traded real estate investment trust is also a win for advanced building technologies and green building throughout New York City.
At Empire State Building, LinkedIn Expands Its Office Space By Nearly a Third
By Stephen Del Percio on July 17, 2012 in Empire State Building, Leases, LEED-EB, Manhattan, Market Analysis, Midtown, New York City, Transactions
A year ago, green was the “key” for LinkedIn’s 25,000-square-foot lease at the world’s most famous office building. Now, the social network is expanding by 10,000 square feet in a 6-year deal that will start next February.
Next Step in Empire State Building Retrofit is Exterior LED Lighting Installation
By Stephen Del Percio on June 8, 2012 in Empire State Building, Energy Star, LEED-EB, Manhattan, Midtown, New York City
New York City’s second tallest building is in the midst of upgrading its iconic exterior facade and mast lights with 1200 LED fixtures that should drop lighting expenditures by 75 percent, saving the building over $4.4 million annually.
The Largest LEED Platinum Renovation, Ever, Is Midtown’s 270 Park Avenue
By Stephen Del Percio on January 31, 2012 in 270 Park Avenue, LEED Commentary, LEED-NC, Manhattan, Midtown, New York City
270 Park Avenue – the headquarters of JPMorgan Chase, between East 47th and 48th Streets in Midtown – recently became the largest renovation project to date to earn a LEED Platinum rating from USGBC.
