office buildings
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Business
NYC towers put final touches on major upgrades as they buck downtown malaise
We know the bad news about downtown: offices 30% vacant, Water Street a near ghost town and some old buildings…
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Business
NYC’s most fashionable shopping corridor gets mystery makeover
Uptown Madison Avenue, the city’s premier luxury shopping corridor, faces momentous change on the gilded blocks where East Midtown meets…
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Business
Owner of 60 Wall St. makes bold bet with massive $250M revamp
The struggling Financial District’s brightest hope — and biggest challenge for its owners — is 60 Wall St., the vacant, 1.6…
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Business
Aging NYC office building shows how to succeed despite trend toward shiny new towers
Let’s say you own a 60-year-old, near-900,000 square-foot Midtown office building. Demand for space in Midcentury buildings is weak. A half-billion-dollar…
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Business
Blackstone boosts footprint at 345 Park Ave.
Blackstone’s imminent deal to expand by 250,000 square feet at its global headquarters, Rudin Management’s 345 Park Avenue, is a robust…
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Business
NYC plan to convert obsolete office buildings into residential units would solve dual crisis — but City Council stands in the way
New measures are in the works to solve the city’s housing and office crises — but they depend on whether…
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Business
REBNY data shows healthy office occupancy, nearing pre-pandemic levels
Never mind foreclosures and predictions of doom. The Real Estate Board of New York’s latest analysis of office building “visitations” presents…
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Business
Fast-growing Boca Raton is luring business away from Wall Street
New York’s wobbly office market, limping from a record-high 20% vacancy rate and loss of some tenants to lower-tax South Florida,…
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Business
Park Avenue vacancy rate lower than before pandemic
It’s no secret that some Midtown office corridors are doing better than others. Even so, a new Savills survey contains…
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Business
Rudin family plans to sell Downtown’s 80 Pine St. to Brooklyn developer Bushburg
News that the Rudin family apparently plans to sell 80 Pine Street to Joseph Hoffman’s real estate company Bushburg for…
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