Larry Silverstein, the developer behind the World Trade Center complex in Manhattan, is eyeing more opportunities uptown. The 93-year-old real estate mogul — who has largely focused on developing towers in downtown Manhattan — said he would consider expanding more in Midtown as commercial-property distress spurs more deals. Plunging property values mean developers can snap up office buildings cheaper and potentially renovate the properties or convert them to housing.“There are going to be many opportunities in Midtown,” the chairman of Silverstein Properties said in an interview. “You’ve got many office buildings that are no longer functional and banks are finding themselves increasingly in possession of buildings that they don’t want to possess.”Silverstein, who purchased the lease to operate the World Trade Center just weeks before the Sept. 11 terrorist attacks, is known for his role helping to redvelop the area after the destruction, which he’s chronicled in a new book called The Rising. Nowadays, his company owns and operates more than $10 billion of real estate assets with properties in cities including New York, Philadelphia and Los Angeles.While his focus in New York has largely centered around the downtown area, his company owns a few properties in Midtown including an office tower and apartment buildings.More developers have been considering taking aging office buildings and turning the properties into housing, with those conversions picking up in New York as... Continue reading at 'Crains New York'
[ Crains New York | 2024-08-13 16:45:08 UTC ]
I read and loved a book called The Disordered Cosmos by Chanda Prescod Weinstein. My physics major daughter has recently taken an interest in quantum mechanics, and I can’t think of any better father/daughter activity than contemplating the scientific mysteries of reality together, wondering if... Continue reading at The Millions
[ The Millions | 2024-12-03 15:00:00 UTC ]
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Old-fashioned address books and rolodexes are becoming an increasingly rare sight as the world goes digital. What’s more, digital address books are not something you need to buy separately. If you have an email address with Google (Gmail), Microsoft (Outlook), or Apple (iCloud), for... Continue reading at PC World
[ PC World | 2024-09-05 14:00:00 UTC ]
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Larry Silverstein, the developer behind the World Trade Center complex in Manhattan, is eyeing more opportunities uptown. The 93-year-old real estate mogul — who has largely focused on developing towers in downtown Manhattan — said he would consider expanding more in Midtown as... Continue reading at Crains New York
[ Crains New York | 2024-08-13 16:45:08 UTC ]
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Do you like rip-roaring science fiction books? Do you like movies? Then you are in for a treat in, well, two years. Amazon MGM Studios just set a release date of March 20, 2026 for Project Hail Mary, according to Deadline. It’s based on the Andy Weir novel of the same name, which was one of our... Continue reading at Engadget
[ Engadget | 2024-04-19 17:44:40 UTC ]
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Take-Two Interactive has filed an opposition to Remedy Entertainment’s newest logo, claiming the symbol infringes on Rockstar Games’ logo despite the two having little in common besides the letter “R” representing a video game publisher. First reported by RemedyFirst, the trademark dispute was... Continue reading at Engadget
[ Engadget | 2024-01-16 18:15:03 UTC ]
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Nothing attracts news organizations like Facebook. And nothing makes them more nervous. With 1.4 billion users, the social media site has become a vital source of traffic for publishers looking to reach an increasingly fragmented ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-03-24 00:00:00 UTC ]
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Using the VitalSource Bookshelf platform, students and faculty will have one-click access to e-textbooks within their course environment. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-19 00:00:00 UTC ]
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