Lease of the Week
When Kim Guadagno heard that the media and publishing giant Pearson was relocating from its longtime headquarters in Upper Saddle River, N.J., the first thing she recalled was a promise she had made.
Ms. Guadagno, New Jersey’s lieutenant governor and secretary of state, had been walking months earlier with Dawn Zimmer, the mayor of Hoboken, along that city’s waterfront.
SJP Properties announced Tuesday that the 600-foot-high core of its spec office tower at 11 Times Square had been topped out ahead of schedule. The tower, undertaken originally during much flusher economic times, is scheduled to be ready for tenants (whomever they may be) in 2010.
Full release below:
SJP Properties Announces Concrete Core Read More
Get your mind out of the gutter, folks. The beginning of steel erection at 11 Times Square — the glass tower rising opposite The New York Times building — means that the first speculative midtown development in years is finally rising.
The 7,000 tons of steel will be used to reinforce the concrete core Read More