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“Our joint venture viewed this as an opportunity to acquire a vacant high-quality asset in 185 Tabor Road at an attractive basis well below replacement cost,” says Ryan Dodge, vice president with PCCP.
Today's workspaces promote personal interaction, eliminate hierarchies and encourage collaboration—so let's call them human workspaces, rather than creative.
In a GlobeSt.com interview, CBRE's director of research & analysis, Nicole LaRusso, talks about the 600% increase in flexible office space leased in Manhattan since 2009.
The building, located at the intersection of Congress and State streets in the Financial District, features approximately 572,000 square feet of office space and 7,000 square feet of retail space.
"There is an irrepressible march that is moving forward of improvement in the city," says Bobby Fijan, a partner in Cross Properties. Hear the complete panel in our audio podcast.