Office

In our pre-event coverage for GlobeSt.com's ADAPT awards, we continue to recognize the winners of specific categories. The winner of best hazardous material removal at a commercial project is the Empire Improvement Building.

WebFX received a funding proposal from the Department of Community and Economic Development for the project. The proposal includes a $250,000 Pennsylvania First grant and $126,000 in Job Creation Tax Credits to be distributed upon creation of the new jobs.

Marquee Brands recognized the energy and evolution of the neighborhood, surrounded by the tremendous investment in the Penn Plaza, Hudson Yards and Manhattan West developments.

The company states that it signed a 10-year lease for its new headquarters space at the 2.5-million-square-foot complex and will invest more than $200 million annually in the region through headcount, real estate investment and other expenses

The 224,000-square-foot LEED Gold lab building is being purchased from a partnership of The Davis Companies and Invesco Real Estate.

Separately, the company has finalized a joint venture agreement to acquire 425 Park Avenue, growing its portfolio to $1.9 billion.

LPC invested substantial capital into the project in not only the design features but indoor and outdoor amenities focused on health and social engagement while being mindful of the property's architecture.

The investor buys a 200,000-square-foot facility in El Segundo in the markets' historic aerospace research and manufacturing hub.