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.
Archive | New York City
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.
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.
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.
The Top Five Possible Locations for a New Madison Square Garden
By Stephen Del Percio on July 29, 2013 in Hudson Yards, Manhattan, Market Analysis, Midtown West, New York City, Opinion, Urban Planning, Zoning
If the City Council gets its way and Madison Square Garden is forced to move to accommodate a new Penn Station, here are five of the most likely destinations for what would be a fifth iteration of the World’s Most Famous Arena.
Netherlands-Based 3D Printer Doubles Park Avenue South Office Space
By Stephen Del Percio on July 25, 2013 in Intellectual Property & Technology, Leases, Manhattan, New York City, Silicon Alley, Transactions
After moving into New York City at the end of 2012, the 3D printer Shapeways is already expanding, doubling its offices at 419 Park Avenue South in the red-hot Midtown South submarket.
Green 2.0: NYC to Open Clean Tech Startup Incubator in Brooklyn Tech Triangle
By Stephen Del Percio on July 22, 2013 in Brooklyn, Finance, Intellectual Property & Technology, New York City
Calling digital products and services that leverage technology and data to improve the built environment “Green 2.0,” NYCEDC and NYU-Polytechnic are placing a new clean tech incubator in the Brooklyn Tech Triangle to try and replicate the start-up successes the tandem have already created through other incubator programs elsewhere in the city.
With Term Sheet Signed, Richard Rogers’ LEED Gold 3 WTC Almost Ready to Rise
By Stephen Del Percio on July 11, 2013 in 3 World Trade Center, Leases, LEED-NC, Manhattan, New York City, Transactions, World Trade Center
Thanks to a transaction that will resonate throughout New York City’s commercial real estate – and green building – industries, Silverstein Properties is close to moving forward with construction on the Richard Rogers-designed, LEED Gold-hopeful 3 World Trade Center.
Stream On: Internet Music Providers Ink Major Manhattan Leases
By Stephen Del Percio on July 9, 2013 in Flatiron, Grand Central Station, Leases, Manhattan, Market Analysis, New York City, Transactions
In a show of the continued strength of New York City’s technology industry, two of the web’s streaming music giants have signed leases for major expansions into new Manhattan office space.
