Recently, congressman Robert Torricelli (D-NJ) joined commercial real estate developer David Poskanzer in celebration of the breaking of ground for the final phase of the Fort Lee Executive Park, Three Executive Dr. Located in the hub of the New York/New Jersey/Connecticut tri-state region, the office park boasts a presitigious 26-acre facility which, when complete, will feature approximately 1.4 million s/f of office space. The 28-story, Three Executive Dr. structure will be comprised of 800,000 s/f and will be one of the largest office towers in Northern New Jersey. In addition, a 60,000 - 200,000 s/f data center available as part of Three Executive Dr. will be one of the largest facilites of its kind in the region. Three Executive Dr. will be ready for occupancy in early 1992.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.