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.
In Montclair, Auto Dealership to Transform Into LEED-Rated Mixed-Use Development
By Stephen Del Percio on September 4, 2013 in LEED-ND, Montclair, New Jersey, Urban Planning, Zoning
An ambitious new mixed-use, transit-oriented development just ten miles west of Midtown Manhattan will incorporate a variety of green design features and aim for LEED certification from USGBC.
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.
Targeting LEED Gold, Mixed-Use 837 Washington Street Tops Out in Meatpacking District
By Stephen Del Percio on August 20, 2013 in 837 Washington Street, Historic Preservation, LEED-NC, Manhattan, Meatpacking District, New York City, Zoning
Rising above the shell of a landmarked former warehouse that was once part of the Gansevoort Market, construction on the planned LEED-CS Gold 837 Washington Street has topped out, but the developers are still targeting tenants for its retail and office components.
IMT & RILA’s Industry Primer Takes Aim At Defining Retail Green Leasing
A new green leasing tool from the Institute for Market Transformation and the Retail Industry Leaders Association has the ambitious goal of beginning to disseminate green leasing practices within the retail industry, which has generally lagged behind office markets in implementing sustainability within leasing documents.
On West 43rd Street, Tech Firm Quickly Expands at Former New York Times Building
By Stephen Del Percio on August 11, 2013 in Historic Preservation, Leases, Manhattan, Market Analysis, New York City, Times Square, Transactions
In a transaction that highlights the continued attraction of Times Square for tech industry firms, the software company 10gen is already exercising its option to expand at the historic former New York Times headquarters building at 229 West 43rd Street.
