Commercial Real Estate by New York Times
Square Feet: In Philadelphia’s Market East, Sign Law Spurs Investment
A new law that allows businesses in Philadelphia’s Market East district to draw revenue from large digital signs has drawn attention from developers.
Categories: Blog, Real Estate
Square Feet | The 30-Minute Interview: The 30-Minute Interview: Richard T. Anderson
The president of the New York Building Congress, which represents professionals in the construction industry, has been running the nonprofit association since 1994.
Categories: Blog, Real Estate
Square Feet: Life Sciences Development Rebounds in Central New Jersey
With its concentration of pharmaceutical giants and academic powerhouses, the region could be a major center for life sciences businesses, developers say.
Categories: Blog, Real Estate
DealBook: Corzine Is Seeking $2.9 Million for Hoboken Penthouse
Jon S. Corzine, former leader of MF Global, has put his 2,400-square-foot apartment in Hoboken, N.J., up for sale, and he reportedly appears to be asking nearly a $1 million less than he paid.
Categories: Blog, Real Estate
Plan for SoHo Business Improvement District Generates Debate
The plan for a business improvement district in SoHo would help with the trash problem, but some residents don’t want to cede more ground to tourists and real estate titans.
Categories: Blog, Real Estate
Square Feet: In New York, Anxiety Over Billions in Maturing Real Estate Loans
In New York City alone, nearly $70 billion worth of commercial mortgages that were issued as collateral for bonds in 2007 are maturing this year.
Categories: Blog, Real Estate
Square Feet | The 30-Minute Interview: The 30-Minute Interview: Marisa Manley
The president and founder of Commercial Tenant Real Estate Representation and Healthcare Real Estate Advisors helps businesses find and set up commercial space.
Categories: Blog, Real Estate
Square Feet: Public College, Private Dorm
To free scarce capital for classrooms and labs, some universities, including Montclair State in New Jersey, have decided to farm out the construction of residence halls.
Categories: Blog, Real Estate
DealBook: Mohegan Sun's Owners Seek to Restructure Debt
The Mohegan Tribal Gaming Authority, which owns the Mohegan Sun resorts in Connecticut and Pennsylvania, said it would begin a bond exchange and an effort to cut $200 million from its bank credit facility.
Categories: Blog, Real Estate
Square Feet | The 30-Minute Interview: The 30-Minute Interview: Terry S. Brown
Mr. Brown is the chief executive of Edens, an independent owner and operator of shopping centers on the East Coast.
Categories: Blog, Real Estate
Square Feet: The Kushner Companies’ Deal for 666 Fifth Avenue Avoids Foreclosure
The Kushner Companies’ $1.8 billion deal for 666 Fifth Avenue in 2007 quickly ran into trouble as the recession took hold. But with the help of another investor, the loan has been modified.
Categories: Blog, Real Estate
Square Feet: Tenants Gaining Advantage in Market for Manhattan’s Prime Buildings
The pendulum has swung from landlords to tenants, who are now being offered incentives like prebuilt office space to fill empty spaces and short-term lease renewals.
Categories: Blog, Real Estate
Square Feet: The Kushner Companies’ Deal for 666 Fifth Avenue Avoids Foreclosure
The Kushner Companies’ $1.8 billion deal for 666 Fifth Avenue in 2007 quickly ran into trouble as the recession took hold. But with the help of another investor, the loan has been modified.
Categories: Blog, Real Estate
Square Feet: Near Eastside Section of Indianapolis Benefits From Super Bowl Bid
The Near Eastside, a rundown Indianapolis neighborhood, is benefiting from the refurbishing the downtown area is undergoing in anticipation of the first Super Bowl to be played in the city.
Categories: Blog, Real Estate
Square Feet | The 30-Minute Interview: The 30-Minute Interview — Elizabeth F. Stribling
Ms. Stribling, 67, is the president and a founder of Stribling & Associates, a real estate brokerage and marketing firm based in New York.
Categories: Blog, Real Estate
Square Feet: Albanese Plans Office Building for Stylish West Chelsea
At the site of a nondescript warehouse, The Albanese Organization is planning a $140 million, nine-story office building on property abutting the High Line.
Categories: Blog, Real Estate
William P. Carey, Leader in Commercial Real Estate, Dies at 81
Mr. Carey was the founder of W. P. Carey & Company, an investment management firm that innovatively used the sale-leaseback model.
Categories: Blog, Real Estate
Square Feet | The 30-Minute Interview: The 30-Minute Interview — Fred J. Schmidt
Mr. Schmidt is the president and chief operating officer of Coldwell Banker Commercial, which has about 200 affiliated brokerage companies nationwide.
Categories: Blog, Real Estate
Square Feet: Westchester County’s Platinum Mile Is Reinvented, Again
The office parks along Interstate 287 once attracted Fortune 500 companies, then smaller companies. Now, some see the Platinum Mile’s future in a more diverse range of tenants.
Categories: Blog, Real Estate
Square Feet: With State Help, a $2.4 Billion Casino Nears Completion in Atlantic City
Revel, a $2.4 billion casino, is scheduled to open in May with help from New Jersey. Supporters hope it will help spur a new era in Atlantic City, but critics say it may hurt an already fading market.
Categories: Blog, Real Estate
