NEW YORK CITY-A joint venture between Global Holdings Inc. andZeckendorf Development LLC has started work on a $500-millionapartment tower within the United Nations Plaza. The 44-storytower, called 50 United Nations Plaza, will be overlooking theManhattan skyline and the UN Headquarters.

Foster + Partners, a London-based architectural firm, is thearchitect behind the 87-unit apartment tower, which will be one ofmost environmentally friendly residential buildings in New YorkCity. The tower is expected to be opened in late 2014. For thefull story, go to Commercial Property Executive .

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