By Daniel Geiger 2/14/12 2:00pm

Construction Outlook 2012

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Construction Financing is Back But, As Developers Are Learning, Equity is Key

Plenty of statistics point to the need for new office construction in Manhattan, and the city’s aging building stock isn’t least among them.

Indeed, no meaningful addition to the city’s roughly 400 million square feet of commercial space has been added to the skyline in two decades, raising questions as to whether it could face a shortage in the coming years, a situation that has pressured rental spikes in the past. For now, however, amid what appears to be at least a hiccup in leasing during the last quarter of 2011 and the opening quarter of this year—not to mention lingering concerns about the health of the economy—only the most intrepid developers have gone into the ground with projects. Read More

By Matt Chaban 12/01/10 4:34pm

Fugly

The Ugliest Building in Town Is for Sale

Many people consider 375 Pearl Street the ugliest building in New York. It is not only its blank concrete facade that people so detest but also its ruinous effect on the downtown skyline. Just north of the Brooklyn Bridge, the 32-story tower has no tall neighbors to hide it, sticking out like a sore thumb, Read More

By Guelda Voien 1/14/10 7:30pm

Google’s Earth

Just 11 years ago, the space was a massive loading dock. Now huge screens dominate a comfortable-looking sunken meeting space, the conference room where “Google NYC” video-chats with other offices of the Internet giant. The room in Google’s Manhattan office at 111 Eighth Avenue is itself emblematic of changes in New York in Read More

By Eliot Brown 3/31/09 5:37pm

The Taconic Titans

Location: How’s the economy been treating you?
Mr. Pariser: The New York economy is very difficult right now. There’s a lot of pain out there. We’ve been blessed with great projects, we’re substantially leased in our portfolio, and in very good shape. So we’re doing very well, but, as an overall statement to the Read More

By Staff 4/12/06 1:50pm

Where’s The Beef?


Now, fashionista friendly.

Remember Western Beef? Well, after they moved out of 401 West 14th Street, the building was given a makeover. Of course, with fashion retailers like Stella McCartney, Diane von Furstenberg, Carlos Miele, Puma and Scoop in the neighborhood you have to look your best.

Now, Taconic Investment Partners Read More