Silverstein Properties appears close to landing a major tenant for its LEED Gold-certified 7 World Trade Center.
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It’s anecdotal, of course, with respect to whether the tower’s energy-efficient renovations had anything to do with it, but a hedge fund’s recent 5-year, 12,000-square-foot lease on the 24th floor of 1095 Sixth Avenue could bode well for improving commercial real estate conditions across New York City – whether green or not.
A French bank that had been in talks to anchor 11 Times Square appears instead to be on the verge of subleasing space elsewhere in Midtown.
After its recent $200 million acquisition, a New York City real estate firm will pursue a LEED rating for capital improvements that it hopes will yield rents in the $150 per square foot range.
Two of New York City’s highest profile green building projects are on the ropes thanks to the ongoing credit crisis.
On the heels of an 18-month, $72 million capital improvement program that includes a LEED-EB application, SL Green’s 100 Park Avenue has landed a major lease, signing the accounting and consulting firm BDO Seidman to a 120,000-square-foot lease.
HSBC appears to be on the move from Midtown to 10 floors and 300,000 square feet at 7 World Trade Center in lower Manhattan: New York City’s first LEED Gold skyscraper.
Let’s check in on some recent leasing activity at two of Manhattan’s highest profile new commercial office buildings, both of which are pursuing LEED ratings and commanding Class A rents.
A tight market for construction financing may force Vornado to cut its planned Harlem Tower – and Major League Baseball’s future home – by nearly a third.
The 10-story, 100,000-square-foot former home of the National Audubon Society, which dates from 1891 and – for several reasons – is considered Manhattan’s first green building, recently traded hands for $70 million.