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Here is the latest news from the apartment building at 311 E. Third St. in the East Village: Loud music is blasting nearby. Rats are on the loose in the neighborhood. And the building’s last co-op unit sold for $449,000.
Honest Buildings, a startup that provides a project management platform for real estate owners, has received an additional $3.5 million in funding, expanding its previously announced Series B financing round to $25 million, Commercial Observer has learned.
Canadian real estate firms QuadReal and
The Related Cos. plans to push deeper into office construction.
The developer, which is raising millions of square feet of office and mixed-use space in the Hudson Yards, has promoted an executive involved in that project to lead a new practice group in the company to deve...
When air taxis start flying in the next 10 to 15 years, CEO of Boca Raton-based Royal Palms Cos. Daniel Kodsi said this Miami residential tower will be ready to handle the traffic. Courtesy: Paramount Miami Worldcenter CEO of Boca Raton-based Royal Palms Cos. Daniel Kodsi IN 48 DAYS! DON'T MISS THE DATA CENTER INVESTMENT CONFERENCE & EXPO, EAST -- Virginia 05.31.2018 Paramount Miami Worldc...
Big-box warehouses are officially worth more than office buildings.
You read that right.
That’s according to a Colliers International report, which said that in 2017 big-box warehouses (measuring at least 200,000 square feet and boasting 28-foot ceilings) sold at an average capitalization rate of 5.8%...
Talent acquisition is top of mind for employers today, and to snag the best talent one must have the best offerings. As robust as amenities packages have become — with offerings including yoga classes, wall climbing and dog day care — at least one study shows that business owners and employees still do not have access to one thing they want: a connection to the landlord. Pixabay In March, a...
Investors are quick to jump on an opportunity to invest in commercial properties near a new stadium, creating a bubble of increased value. But how long do investors have to get in on the hefty ROI, and when have they missed the boat?
In a study by Harvard Business Review about the revolution of big data as a management tool, it was found that artificial intelligence used to analyze and apply data to decision making by those at the top of the CRE industry saw an increase of up to 6% in productivitycompared to their competitors.
AI is changing the CRE g...
If you build a data center, will they come? That question is up for debate within the commercial real estate community. Balticservers.com/WikiCommons Location, cost of power, a highly skilled workforce and cool weather make the Seattle area, as well as the whole Cascadia region, a top pick when it comes to data storage. “The significantvalue-add for Oregon and Washington with data centers i...
As Mark Zuckerberg testifies before Congress, the Menlo Park, California-based social media giant he oversees is gearing up for a big move. According to an exclusive report from sister publication Silicon Valley Business Journal, Facebook Inc. agreed to become one of the main tenants of WeWork's first Mountain View, California office — its largest-ever lease for WeWork. New York-based WeWork, ...