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John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
NEW YORK CITY-One month ahead of schedule, the final steel beam for 7 World Trade Center is put in place. The building, which was the last to fall during the Sept. 11 terrorist attacks, is the first to rise.
NEW YORK CITY-A new online platform provides greater exposure to transaction details and public relations efforts squeezed out by editorial considerations. The new service launches today.
NEW YORK CITY-The pressure to move capital might answer immediate client demands, but local pros say that dynamic--coupled with historically low interest and cap rates--is setting us up to witness historically bad buys.
NEW YORK CITY-Local 32BJ of the Service Employees International Union and the Realty Advisory Board shook hands this morning on a tentative pact that will earn building works a 4% increase per year and a fully sponsored healthcare plan.