Category : Blog

SL Green Realty Corp announced that Infor, one of the world’s largest business software companies serving more than 70,000 customers, has leased the penthouse duplex covering 21,802 s/f at 635-41 Avenue of the Americas. This most recent expansion by Infor increases their commitment at the building to 114,991 s/f. The...

A company that raises capital for bio-tech start-ups is expanding its own footprint in the Alexandria Center for Life Science on Manhattan's east side. Accelerator Corporation, a life science investment vehicle for investment in emerging biotechnology research, announced the expansion with the closing of its Accelerator IV fund with $51.1 million in capital commitments it will tap as it expands its operations in Seattle to New York City. Accelerator will pump venture capital into the city's flourishing cluster of bio-tech firms and support entrepreneurial leadership and product development capabilities.

SJP Properties announced that the St. Louis-based tech company, Answers Corporation, has signed a new office lease to occupy the entire 11th floor at 11 Times Square. The building is owned by a joint venture of SJP Properties and investors advised by Prudential Real Estate Investors. Answers is best known...

By Richard J. Hayes, vice president ABM Facility Services Today’s building technologies lend themselves to many advances that reduce the overall operating costs of a facility and become a significant contributing factor in both attracting and retaining tenants.  This contribution is most pronounced when considering triple net tenants who are...

By Steven Spinola Despite increasing prices, demand in the NYC home sales market remains strong, according to the Real Estate Board of New York’s (REBNY’s) 2014 Second Quarter NYC Residential Sales Report. The Second Quarter market report results show that NYC has a growing economy and that people still see...