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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-GlobeSt.com's latest survey shows that the old-boy network is alive and well. The survey, co-sponsored with Equinox Partners, ULI and others, also reveals a surprising lack of emphasis on higher education and an enduring love for lone gunslingers.
NEW YORK CITY-Times Square's revitalization takes a major leap forward today with the official ribbon-cutting of the 863-key Westin New York in the former red light district. Charles Gargano, chair of the Empire State Economic Development Corp., says the project will generate $297 million in taxes alone over the next two decades.
NEW YORK CITY-In an exclusive interview, the owners of 1211 Ave. of the Americas claim they were never permitted "discussion" time before discovering their Class E pass-throughs were downgraded. They also protest that the downgrade happened despite the additional funds they shelled out for increased terrorism insurance.
NEW YORK CITY-The New York Stock Exchange, stating that Grubb & Ellis was unable to meet its requirements, has stripped the firm of its listing. Some say that going private is an option. In the meantime, an internal memo obtained by GlobeSt.com reveals that an unfazed chairman Kojaian has upped his voting control.
NEW YORK CITY-Some $71 million in structured securities are impacted by a relatively small interest shortfall as Moody's downgrades mortgage pass-throughs on the Rock Center building. But industry observers say the problem transcends dollar amounts and specific properties.
NEW YORK CITY-The badge-checkers are stationed at the portals of our nation's lobbies, but most respondents to GlobeSt.com's latest Quick Survey tell us that it's not nearly enough.
NEW YORK CITY-And they gave our thoughts--concerning the LMDC's exceeding slowness in producing even a viable redevelopment plan--almost unanimous thumbs up. The most appropriate way to honor all whom we lost in the attacks--the editorial argued--was to pursue redevelopment actively and aggressively.
NEW YORK CITY-Currently being shopped around to cable stations, the BOMA/NY documentary is a combination of tribute to and journal by those who manage the properties that rimmed the World Trade Center. The film will also be made available to all BOMA chapters.
As is the case with all issues of perspective, our view of the World Trade Center has changed dramatically in the past 365 days. How you view the World…
NEW YORK CITY-Brookfield has beefed up its World Financial Center holdings with its purchase of Lehman Brothers' 51% interest in 3 WFC. The firm already has claims to the other three WFC assets.

From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource
From Placer.ai
The pandemic relocation wave has cooled, but new migration patterns are emerging. This report uses location analytics to reveal where Americans are moving in 2026 and why, offering key insights for developers, investors, and retailers.
Download Resource
From Assurant
With rising property insurance costs and flat rent growth, the compliance gap is a significant risk. This guide provides a data-driven action plan for Multifamily Housing professionals to help close that gap, reduce exposure, and boost NOI.
Download Resource
From JLL Technology Solutions
Your CRE data is unified, but are you using it effectively? Many organizations struggle to translate data into intelligence. This white paper explores how to activate your data for smarter, faster portfolio decisions and a true strategic advantage.
Download Resource
From Buildout, Inc.
A fragmented tech stack can cost CRE firms time and money. This guide helps you identify gaps in your current setup and find an integrated solution that streamlines your entire deal workflow and gives brokers back valuable time to close more deals.
Download Resource
From JLL Technology Solutions
Many CRE organizations rely on outdated maintenance approaches that drive up costs and downtime risk. This guide outlines how to replace traditional methods with predictive asset intelligence to anticipate failures and optimize operations.
Download Resource
From National Apartment Association
Discover how NAA Click & Lease, trusted by over 37,000 properties, can transform your leasing process. This infographic details 10 key benefits, from automated legal compliance and seamless PMS integration to fully paperless operations.
Download Resource
From National Apartment Association
After a volatile 2025, the multifamily housing market is entering a year of transition. This outlook defines the key economic and market factors affecting the rental industry, from supply shifts to regional performance.
Download Resource
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download Resource
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download Resource
From Buildout, Inc.
Is "operational drag" from disconnected tools costing your brokerage? This audit reveals 8 hidden signs you're losing margin and provides a clear path to streamline your deal lifecycle from prospecting to close.
Download Resource
From Buildout, Inc.
Your listing emails are falling flat in crowded inboxes. This guide reveals 10 essential habits from top-performing brokers to help you create emails that cut through the noise, drive real engagement, and move deals forward faster.
Download Resource
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource
From Placer.ai
The pandemic relocation wave has cooled, but new migration patterns are emerging. This report uses location analytics to reveal where Americans are moving in 2026 and why, offering key insights for developers, investors, and retailers.
Download Resource
From Assurant
With rising property insurance costs and flat rent growth, the compliance gap is a significant risk. This guide provides a data-driven action plan for Multifamily Housing professionals to help close that gap, reduce exposure, and boost NOI.
Download Resource
From JLL Technology Solutions
Your CRE data is unified, but are you using it effectively? Many organizations struggle to translate data into intelligence. This white paper explores how to activate your data for smarter, faster portfolio decisions and a true strategic advantage.
Download Resource
From Buildout, Inc.
A fragmented tech stack can cost CRE firms time and money. This guide helps you identify gaps in your current setup and find an integrated solution that streamlines your entire deal workflow and gives brokers back valuable time to close more deals.
Download Resource
From JLL Technology Solutions
Many CRE organizations rely on outdated maintenance approaches that drive up costs and downtime risk. This guide outlines how to replace traditional methods with predictive asset intelligence to anticipate failures and optimize operations.
Download Resource
From National Apartment Association
Discover how NAA Click & Lease, trusted by over 37,000 properties, can transform your leasing process. This infographic details 10 key benefits, from automated legal compliance and seamless PMS integration to fully paperless operations.
Download Resource
From National Apartment Association
After a volatile 2025, the multifamily housing market is entering a year of transition. This outlook defines the key economic and market factors affecting the rental industry, from supply shifts to regional performance.
Download Resource
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download Resource
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download Resource
From Buildout, Inc.
Is "operational drag" from disconnected tools costing your brokerage? This audit reveals 8 hidden signs you're losing margin and provides a clear path to streamline your deal lifecycle from prospecting to close.
Download Resource
From Buildout, Inc.
Your listing emails are falling flat in crowded inboxes. This guide reveals 10 essential habits from top-performing brokers to help you create emails that cut through the noise, drive real engagement, and move deals forward faster.
Download Resource
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource