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NYU to Develop New Applied Research Center in Downtown Brooklyn

NYU to Develop New Applied Research Center in Downtown Brooklyn

By Veronica Grecu, Associate Editor New York City Mayor Michael Bloomberg announced a historic partnership with New York University and the Polytechnic Institute of New York to proceed with the next milestone in the city’s Applied Sciences NYC Initiative: the Center for Urban Science and Progress (CUSP), a new applied…

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Manhattan Office Market Gains Momentum

Manhattan Office Market Gains Momentum

By Veronica Grecu, Associate Editor New York-based financial services company Morgan Stanley has a deal for almost 1.2 million square feet of space in One New York Plaza, a premier office building located in lower Manhattan at the intersection of South and Whitehall streets. This is the company’s largest single-asset…

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Ad Giant Havas and Ford Dealer Bay Ridge Sign New Leases

Ad Giant Havas and Ford Dealer Bay Ridge Sign New Leases

One of Hudson Square's biggest office leases of the year was finalized last week between French advertising giant Havas and Trinity Real Estate, the real estate arm of Trinity Church. According to The Wall Street Journal, after searching in more than 35 different New York City buildings, Havas eventually leased…

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Newton High School and TWA Flight Center to Receive Preservation Awards

Newton High School and TWA Flight Center to Receive Preservation Awards

Two Queens properties have been nominated for the Lucy G. Moses Preservation Awards, reports the Queens Courier. On April 25, during an official ceremony at the New York Historical Society on Central Park West, the “preservation Oscars” will be granted to Newton High School and the TWA Flight Center at…

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Conrad New York Hotel Opens in Lower Manhattan, Seeks LEED Gold Certification

Conrad New York Hotel Opens in Lower Manhattan, Seeks LEED Gold Certification

Conrad Hotels & Resorts, the global premium brand of Hilton Worldwide, has opened its first New York City hotel—a 16-story all-suite luxury facility located at 102 North End Avenue—in Lower Manhattan’s Battery Park neighborhood.…

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Dubai-Owned Luxury Jumeirah Essex House Up For Grabs

Dubai-Owned Luxury Jumeirah Essex House Up For Grabs

Dubai Investment Group, the owner of New York’s 81-year-old Jumeirah Essex House, is looking for potential buyers for the luxurious hotel—located prominently on the south end of Central Park between Sixth and Seventh Avenues. Easy to spot thanks to its unique neon rooftop sign, the art-deco building has been a…

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Hearst Tower is New York City’s Most Sustainable Office Building

Hearst Tower is New York City’s Most Sustainable Office Building

By Veronica Grecu, Associate Editor The U.S. Green Building Council (UCGBC) recently awarded Hearst Tower, one of the first green office buildings in New York City, a LEED Gold certification for new construction and a LEED Platinum award—the highest possible rating for [...]…

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VeruTEK Uses Green Technology to Decontaminate Brownfield in Queens

VeruTEK Uses Green Technology to Decontaminate Brownfield in Queens

By Veronica Grecu, Associate Editor The New York State Department of Environmental Conservation (NYSDEC) has awarded VeruTEK Technologies, Inc. the Certificate of Completion (COC) for the successful cleanup of a brownfield located along the East River in Hunters Point, Queens. The [...]…

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Brooklyn Has Most Distressed Properties in NYC

Brooklyn Has Most Distressed Properties in NYC

By Veronica Grecu, Associate Editor The New York City Department of Housing Preservation and Development (HPD) recently released a list of the 200 most distressed residential buildings that were enrolled in the fifth round of the Alternative Enforcement Program (AEP). The [...]…

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Steiner NYC to Bring New Rental Tower to Downtown Brooklyn

Steiner NYC to Bring New Rental Tower to Downtown Brooklyn

By Veronica Grecu, Associate Editor Brooklyn’s historic residential boundaries are set to expand as a new, amenity-rich apartment building is being prepared for construction at 333 Schermerhorn St. near the intersection of Third and Flatbush avenues. The plan was revealed early [...]…

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Investors and Developers Boost Hospitality Sector in New York City

Investors and Developers Boost Hospitality Sector in New York City

By Veronica Grecu, Associate Editor According to Crain’s New York Business, South Carolina-based OTO Development is set to build a new hotel in midtown Manhattan. The company has reached an agreement with the multi-millionaire Brach family to pay $36 million for [...]…

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Record-breaking Price Tag for One World Trade Center

Record-breaking Price Tag for One World Trade Center

By Veronica Grecu, Associate Editor One World Trade Center, the building designed to bring new life to Ground Zero in New York City, has recently become the world’s most expensive office tower, reports The Wall Street Journal. The new price tag [...]…

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