One of the challenges of green buildings is making sure they work. You can buy the fanciest air conditioners, install the most efficient windows, even recycle the toilet water in the drinking fountains, but if building owners do not monitor their energy use, the big-time green investments can be as bad as in conventional buildings.
Hearst knows better. Just as it might tend a photo shoot or test a recipe, the media giant has been tweaking the systems at its Eighth Avenue headquarters since it opened in 2006. Thanks to Heast’s efforts, the 46-story tower—the first LEED Gold building in the city—has earned LEED Platinum status for building maintenance, essentially upgrading the building to the highest level of sustainability practices.
It’s been more than three years since the Hearst Corporation has been looking for a tenant to fill the 14,000-plus-square-foot ground floor of its now not-so-new Lord Norman Foster–designed tower at Eighth Avenue and 57th Street.
Sources attribute much of the delay to the Hearst Corporation’s style of decision-making. Any retailer must be approved not Read More
New York brokers blustered into 2008 declaring the commercial real estate market immune to the credit crisis that with tornado-like rapacity knocked down prices in the rest of the country. Lehman’s aftermath cracked those rose-colored spectacles.
And all those fantastic leases and sales that titillated, that seemed ever on the verge of closure, turned Read More
CB Richard Ellis brokers have secured a victory in the fight to save holiday reveling from the Scrooge-like belt-tighteners atop New York City brokerages.
The firm’s retail group has gotten the Hearst Corporation to sponsor what it is dubbing a "holiday celebration" this evening in the Hearst Tower’s Sky Lobby. Of course, Read More
CB Richard Ellis has gotten the nod to be the exclusive leasing agent for the Hearst Tower’s last two bits of retail space. The bits cover 14,720 square feet at Eighth Avenue and 57th Street.
CBRE snagged the assignment from archrival Cushman & Wakefield.
CBRE NAMED EXCLUSIVE AGENT Read More
Are you feeling lucky, Nicholas Kristof? When The New York Times moves to its new Eighth Avenue headquarters next year, the 10th floor will become the 13th floor.
Progress is not sentimental. So next spring, the opinion-page offices will be pried out of their ornate and ancient home on the upper floors of West 43rd Read More