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Edition: U.S. / Global

Tuesday, December 3, 2013

Commercial

Commercial

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Someday Worth Billions, but Now, They Need a Desk

As tech start-ups push demand for office space in San Francisco, RocketSpace is responding with long tables, Internet access and rules against getting too big.

Pier’s Developer Looks for a Creative Tenant Mix

A Fashion Week marketplace will offer a taste of redevelopment plans for a Hudson River site.

Prime Lot, Empty for Years (Yes, This Is Manhattan)

The dormancy of a 6.4-acre parcel in Midtown Manhattan overlooking the East River is an enigmatic and confusing tale of ambition, infighting, personality conflicts and bad timing.

Time Warner Intends to Move to Planned Skyscraper at Hudson Yards

The company has a tentative deal to relocate its headquarters from Columbus Circle to a skyscraper to be built in the Hudson Yards project.

Office Tower’s Owners May Profit From Plan to Allow Sale of Landmarks’ Air Rights

A Bloomberg administration plan to help pay for the preservation of aging structures also could be a boon to property developers.

Glassboro, N.J., Gambles on a University Partnership

The struggling borough has tied its fortunes to Rowan University and a $300 million downtown revitalization.

Matthew Bucksbaum, Mall Developer, Dies at 87

Mr. Bucksbaum started General Growth Properties in 1954 with his brothers in small cities throughout the Midwest and expanded the company in concert with the growth of American suburbs.

An Intense Influx of Housing for a Honolulu District

The Howard Hughes Corporation is about to start building the first of as many as 22 residential towers in the Kakaako neighborhood.

Malls Work on Their Security, but Keep It in the Background

Operators are stepping up measures like cooperation with police agencies and installation of closed circuit television, and even enlisting shoppers, while trying to keep malls welcoming places.

Campaign Spotlight

If You Love Your Art, Ads Declare, Set It Free

A commercial real estate company, Brookfield Office Properties, has started a digital campaign showcasing artists worldwide.

Grand Vision for Former Home of Walter Reed Hospital

Local officials in Washington have picked developers for a $1 billion plan to build homes, stores and offices on the old campus of the historic Army hospital.

G’Day From Bushwick

An Australian property trust is buying homes in the borough and renovating them for rental, part of a larger trend across the United States. Critics say first-time home buyers are getting crowded out.

Recent Commercial Real Estate

Notable properties that have been recently listed for sale, sold or leased.

Philadelphia Schools See Cash in Old Classrooms

The Philadelphia school district is putting 27 buildings, some over 100 years old, on the market. One company is willing to pay $100 million for them all.

Using Food to Make an Off-Campus Area More Inviting

Landlords, brokers and community leaders are pushing to install food businesses to improve an area near Columbia University’s main campus.

Recent Commercial Real Estate

Notable properties that have been recently listed for sale, sold or leased.

Off the Charts

Market for Office Properties Is Heating Up

The Fed says that 21.9 percent of banks surveyed last month said they eased credit for third-quarter commercial real estate loans, while 2.7 percent tightened them.

The 30-Minute Interview

Nicholas S. G. Stern

Mr. Stern is the founder and principal of Stern Projects, a boutique construction management company focused largely on high-end residential projects in Manhattan.

Square Feet

Parts of a Pretzel Empire Are for Sale in Amish Country

The founders of Auntie Anne’s Inc. are auctioning property in Pennsylvania that includes 94 acres and a center that offers services to families.

Macy’s Splurges on a Makeover on 34th Street

In part to increase its allure to shoppers seeking luxury goods, Macy’s is pouring $400 million into a makeover of its flagship Herald Square store.

Recent Commercial Real Estate

Notable properties that have been recently listed for sale, sold or leased.

The 30-Minute Interview
The 30-Minute Interview

Jonathan C. Kushner

Mr. Kushner is the president of the Kushner Real Estate Group, which owns and manages more than 12 million square feet of commercial property in the New York area.

The 30-Minute Interview

Arthur W. Zeckendorf

Mr. Zeckendorf is a principal, along with his brother, William Lie Zeckendorf, of Zeckendorf Realty, developer of luxury condominiums and retail space in Manhattan.

The 30-Minute Interview

Miki Naftali

Mr. Naftali is the chairman and chief executive of the Naftali Group, a development company focused largely on high-end residential projects in Manhattan.

DCSIMG