New York City attracts more commercial property investment than anywhere else in the world, a report from Cushman & Wakefield released last week revealed. Gotham beat out London as the hottest investment hub, an honor it has not held since 2007. Read More
Week In Review
Privately owned public spaces, or POPS, have been largely ignored by New Yorkers, even as they have reshaped the city over the past 50 years. Plazas, passageways and pocket parks have been carved out of giant new office and apartment buildings in exchange for considerable development bonuses (a few hundred thousand square feet here or there). This has led a band of urban activists to fight for awareness of and activity in POPS across the city. Read More
Prefabricated buildings have not been such a hot topic of conversation since Buckminster Fuller passed away, but that is about all anyone can talk about at Atlantic Yards anymore. On the one hand, it could signal a paradigm shift in how New York City builds; on the other, it goes against many of the employment promises Forest City Ratner made when the project won support from politicians and labor unions. Read More
When it opened four years ago, the Bronx Hall of Justice was heralded as a bright new beacon for the borough, a return to the grandeur of the Grand Concourse’s history.
Instead, the Rafael Viñoly-designed civic structure turned out to be yet another hulking mass of shabby construction and unreliable service, the kind of bad Read More
While some people are hoping—futilely, perhaps—for a high-tech college at Willets Point, the official R.F.P. is also cranking along, with application filed this past week. Crain’s now has word of a handful of the developers competing to redevelop the Iron Triangle, and one looks to be a hit, if it weren’t already facing a few strikes.
The Related Companies has teamed up with Sterling Equities, which is controlled by Mets owners Fred Wilpon and Saul Katz, to submit a proposal to redevelop the 12.75 acres included in the project’s first phase, the sources said. Silverstein Properties, which is building three towers at the World Trade Center site, also threw its hat into the ring. None of the firms would comment. A source said Sterling had teamed up on bids with more than one firm. Read More
Hallmark cards, overpriced roses liberally filled with baby’s breath, religious Muslim leaders getting pulled off of commercial airliners … it was a great week for moms, not so much for imams.
A troubling event that took place just hours before the annual feast of 1-800-FLOWERS suggests not only that Osama bin Laden’s death has failed Read More