The Commercial Observer: Fill me in on how the market is doing in Westchester:
John Barnes, Reckson senior vice-president: Well, we’re starting to see some movement in the Westchester market in a positive direction. One of the indicators for Westchester County is the White Plains CBD; and we’re starting to see the occupancy numbers tighten Read More
In recent years, the outer office markets of the tri-state area–Long Island, northern New Jersey, Westchester County and Connecticut’s Fairfield County–have provided refuge for companies looking to flee Manhattan, whether because of 9/11 or prohibitively high rents. But for the first time in recent memory, the suburbs are competing directly with the city as Manhattan Read More
Greenpoint is gentrifying, and so, too, it turns out, are its recording facilities. Bid farewell to the echoey basement debut album.
Following in the footsteps of other locally nutured phenoms like TV on the Radio and the Yeah Yeah Yeahs, young hipsters can now vie for immortality in Studio G. The recording studio has leased 5,000 Read More
The wind turbine craze isn’t likely to catch on in New York City anytime soon, but the same apparently can’t be said for Dumbo office space. Yet another company, Wind-Products, is abandoning Soho and moving across the bridge in search of hip office digs and perhaps a tax credit. It has leased 2,972 square feet Read More
Oh, NBC Universal! When ever will you make up your mind?
At this morning’s CB Richard Ellis third quarter breakfast, Global Chairman Steve Siegel ticked off a bunch of pending deals, including NBC Universal’s negotiations to take 200,000 square feet of space in Midtown. Reporters took note. What a tantalizing hint!
Turns Read More
