THE DURST ORGANIZATION’S SVEN, 70-STORY RESIDENTIAL TOWER IN QUEENS, COMPLETES LEASE-UP JUST ONE YEAR AFTER OPENING
Rapid lease-up, achieved without concessions, driven by attractive Long Island City location, amenities and sustainability features that make it stand out
Author The Durst Organization
2023 LIGHTING & ARCHITECTURE DESIGN AWARDS : 1155 Avenue of the Americas
With the goal of revitalizing the pedestrian and visitor experience at the 40-story 1155 Avenue of the Americas tower in New York, Big Apple-based firms STUDIOS Architecture and Cline Bettridge Bernstein Lighting Design took an artful approach to crafting a visually engaging plaza and lobby.
Date 2023-03-14
Author Murrye Bernard, AIA, LEED AP,
Law Firm Binder & Schwartz Takes 8.5K SF at 675 Third Avenue
Law firm Binder & Schwartz scored some new digs in Midtown East Binder & Schwartz inked a seven-year deal to relocate to 8,496 square feet across the entire 26th floor of 675 Third Avenue, between East 42nd and East 43rd streets, Commercial Observer has learned. Asking rent was $74 per square foot, according to landlord The Durst Organization. The law firm will ditch its current 6,851 square feet at 366 Madison Avenue in June to accommodate its growing number of employees, said Lauren Handelsman, a partner at Binder & Schwartz. Binder & Schwartz was founded in 2013 by Neil Binder,…
Date 2023-02-28
Author Celia Young
REBNY’s new return-to-office gauge paints bright view for ‘trophy’ towers
There’s a new kid on the block to report on how many employees are really back at their desks in Manhattan office buildings — and it paints a more nuanced and optimistic picture than either the widely-cited Kastle Systems Back-to-Work Barometer or the Partnership for New York City’s Return to Office Survey The Real Estate Board of New York’s new Analysis of Location Data, reported here for the first time, relies on estimates by Placer.ai, which calls itself the “largest provider of anonymized location intelligence data” for the US. Simply, that means it measures the movement of mobile devices in…
Date 2023-02-27
Author Steve Cuozzo
A Midtown Movie Theater Will Reopen, Reimagined
Brian Schultz says the time has come for dinner and a movie on West 57th Street. At the same time Schultz is the chief executive of a company that has taken that concept to movie theaters in California and in Dobbs Ferry, N.Y. He has signed a lease to bring it to a theater that went dark in 2021 — the eight-auditorium theater in the triangle-shaped building at 625 West 57th Street. Schultz maintains that people want to go out again — and go to the movies. But with so many films available on streaming services like Netflix, theaters have…
Date 2023-02-16
Author James Barron