Category : Blog

It used to be that each office worker needed 175-200 s/f, but trends in office design are shrinking that. Richard J. Hayes of ABM Onsite Services says there are several ways, from hot desking to hoteling, that employers can change their space configurations. But not everyone might be happy about it ...

New York attracted the most commercial real estate investment during the last year as the global real estate investment market saw volumes increase by 17.2 percent to $788 billion, according to Cushman & Wakefield’s annual ‘Winning in Growth Cities’ report launched in Munich, Germany, last week. While a number of...

Francis Cauffman has unveiled the first images of its design for 620 Fulton, a new health center and mixed-use building for The New York Hotel Trades Council and Hotel Association of New York City, Inc. Health Benefits Fund, Health Center, Inc. (HCI). The building will create a strong presence for...

ABS Partners $10 million capital improvement campaign at 915 Broadway is ongoing. The firm tapped into Honest Buildings’ network of architectural firms, and selected GKV and Javier Delagarza Architecture to design innovative corridors with an industrial sensibility as well as high-end restrooms at the 20-story office and retail property on...

Attorney General Eric T. Schneiderman has banned two developers from the business after finding they lied about their shady backgrounds when buyers started complaining about shoddy work at a Harlem condo. Instead of putting their own names on filings as the developers of the Mirada at 161 East 110th Street, Joseph Scarpinito and Shiraz Sanjana named Scarpinito’s elderly mother as the project developer to try to avoid anyone finding out about Scarpinito’s prior federal felony conviction for bank fraud.

CBRE yesterday (Tuesday) reported a Manhattan-wide improvement in the office market with leasing up in two-thirds of the city's districts. “We are seeing a remarkable and broad-based improvement in the Manhattan market,” said Peter Turchin, vice chairman, CBRE. “This improvement is no longer isolated to just Midtown South, but is equally strong in Midtown and Downtown.”