Silverstein Properties' $2.3 billion development of Richard Rogers’ 3 World Trade Center has taken a major step forward after the Port Authority of New York and New Jersey gave the go-ahead for an amendment to the financial agreement between the two... Read More
The sale of a half-empty Manhattan building — for less than $1m of its pre-recession price — is being seen as the final hurdle in the American commercial property market recovery. The six-storey office block at 246 Fifth Avenue was bought at... Read More
Commercial property deals in the Manhattan area of New York broke a five year record after over 1,000 transactions were made in 2012. The last record dated back to 2007 which saw 999 properties exchanging hands. But 2012 smashed that out of the water... Read More
