Three years after rescuing a Park Avenue office tower from default Vornado Realty Trust has put the Manahattan property on the market. Vornado — which has a stake in more than 20m square feet of Manhattan office space — has instructed Eastdil Secured to... Read More
Stephen Ross, the chairman and CEO of New York real estate firm Related, has chosen British designer Thomas Heatherwick to create a work of public art for the firm’s Hudson Yards development. He will work alongside landscape artist Thomas Woltz to... Read More
Hong Kong and New York City began 2012 as the two most expensive retail rental markets in the world and they ended the year in the same positions, according to CBRE’s third quarter MarketView research report. On Fifth Avenue rents have increased by 17... Read More
In his Autumn Statement, Chancellor George Osborne announced a £1 billion loan to extend the Northern Line to serve London’s forthcoming Nine Elms development. Nine Elms is an ambitious project that will transform the last remaining area of underused... Read More
Local real estate executives say New York City's commercial property market will recover in the wake of the devastating effects of Hurricane Sandy, just as it has from previous disasters. Peter Hauspurg, the chairman and chief executive officer of... Read More
As Superstorm Sandy swept along the US East Coast on Monday, US retailers were forced to close the shutters on 10 per cent of their stores, according to latest figures. As shops begin to reopen forecasters are now assessing the long-term impact of the storm... Read More
September 11th, 2001, had a significant impact on the world and especially upon American security.... Read More
For some, breaking out the air guitar on their favourite guitar solo in the middle of a club is compulsory for a night out.... Read More
Large supermarket chains that sell everything from plant pots to television sets are popping up more and more all over the country.... Read More
