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Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
NEW YORK CITY-The renovation of all 1,780 guest rooms at the Midtown property is part of Sheraton’s strategy focusing on iconic properties in key markets globally.
NEW YORK CITY-The vacancy rate for Midtown’s choicest office space is about one-third the average, with big financial services firms scooping up much of it.
NEW YORK CITY-Experts during the launch event for the latest IPD US Annual Real Estate Index cited the unevenness of the recovery across sectors and markets.
NEW YORK CITY-The Bloomberg administration plans $3.3 billion of improvements over three years to 520 miles of shoreline to spur waterfront development.