Hunting for office space before the pandemic, executives at ad agency Wellcom Worldwide were dismayed to encounter asking rents of $90 per square foot a year in Manhattan, which wound up being a deal-breaker. The company landed in far-cheaper Dumbo instead.But now, with Manhattan prices still below pre-Covid levels at many addresses, the same executives recently calculated that breaking their Brooklyn lease at 175 Pearl St. and venturing across the East River made financial sense.“It’s a different world in Manhattan now,” said David Bridges, the global CEO of the company. Earlier this year Wellcom relocated to an older, unfussy site with limited bells and whistles and a blend-into-the-background feel: the Class B commercial building 16 Madison Square West. The rent at the property near Madison Square Park was not only about half what Bridges was seeing pre-Covid but even slightly lower than what his firm was paying in Dumbo. “A major correction has occurred,” he added.Wellcom is not alone. Legal industry-focused software startups, music talent agencies, coffee-machine vendors and other tenants that have been based in the outer boroughs for years are now noticing that Class B’s, differentiated from Class A properties because they’re not as new or as amenitized, are priced right, a major factor in their decision to move to Manhattan, according to brokers, landlords and company executives.Indeed, a small but steady stream of midsize firms is packing up and relocating to... Continue reading at 'Crains New York'
[ Crains New York | 2024-11-25 10:48:24 UTC ]
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The decision to suspend the publisher's editorial and educational arms will "consolidate our efforts around our book publishing program," the publisher said in a statement. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-14 05:00:00 UTC ]
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America's first astronauts from the 1960s were all pulled from the highest ranks of the nation's military. As such, NASA's first few classes tended to conform to a rather specific demographic theme — white, male, flattop haircut you could set a watch too. By the mid-70's however, the space... Continue reading at Engadget
[ Engadget | 2023-02-12 15:30:30 UTC ]
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Sales from publishers reporting to the AAP's StatShot program were down 6.4% in 2022 compared to 2021. Sales were down in all publishing categories, with print sales off in both trade segments. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-10 05:00:00 UTC ]
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Author Britney Winn Lee is bringing body-scan meditation to young readers in ‘Good Night, Body: Finding Calm from Head to Toe,’ featuring a guide to acknowledging and relaxing each body part, tranquil illustrations, and notes for parents. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-02-08 05:00:00 UTC ]
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The latest game to get the reverse-engineering treatment is The Legend of Zelda: A Link to the Past, Neowin has reported. A GitHub user called snesrev has fully ported the game to PC using over 80,000 lines of code, while adding some extra enhancements. Those include support for enhanced aspect... Continue reading at Engadget
[ Engadget | 2023-02-06 11:55:42 UTC ]
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Rachel Wightman, the author of 'Faith and Fake News: A Guide to Consuming Information Wisely' (Eerdmans, May), emphasizes the importance of fact-checking as an expression of faith in online spaces. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-01-25 05:00:00 UTC ]
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In his debut novel 'Vintage Contemporaries,' Dan Kois tracks two friends with big dreams in '90s New York and pays homage to late author Laurie Colwin. Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-01-13 14:00:22 UTC ]
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As the union approaches its 50th day on strike, union representatives are aiming to put pressure on the publisher’s parent company to settle the strike. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-01-13 05:00:00 UTC ]
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Remember Ray’s Occult Books, the rundown Manhattan bookstore opened by an unmoored Ray Stantz between Ghostbusters I and II following the city of New York serving him and his fellow ghostbusters with a judicial restraining order for the property damage incurred during their city-saving battle... Continue reading at Literrary Hub
[ Literrary Hub | 2023-01-09 16:53:03 UTC ]
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The company has signed a lease for office space at 200 St. Paul Place, the publisher announced in a memo sent to staff Thursday afternoon. Continue reading at Baltimore Sun
[ Baltimore Sun | 2022-12-29 18:03:18 UTC ]
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Robin Miles was looking for stage and screen roles when she began reading books for the blind. She’s become one of the country’s most celebrated narrators. Continue reading at New Yorker
[ New Yorker | 2022-12-16 16:45:13 UTC ]
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In a report designed to measure the economic impact of NYC's various publishing segments, the first-of-its-kind study found that the number of book publishing jobs dipped 1.7% between 2010 and 2020, while bookselling jobs tumbled 37.1%. The average book publishing salary was $119,000, compared... Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-12-01 05:00:00 UTC ]
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For Giving Tuesday, all donations on DonorsChoose will be matched, making your donation go twice as far! Help fund a classroom library today. Continue reading at Book Riot
[ Book Riot | 2022-11-29 14:56:07 UTC ]
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If you're looking to pick up a new tablet for the holidays, a number of slates we recommend are on sale for Cyber Monday. Most of the best discounts are holdovers from Black Friday, but that still means a range of iPads, Amazon Fire tablets and Microsoft Surface PCs are down to their lowest... Continue reading at Engadget
[ Engadget | 2022-11-28 14:00:12 UTC ]
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Take a look at 9 of the classic types of science fiction plots, including dystopia, space travel, alien invaders, and more. Continue reading at Book Riot
[ Book Riot | 2022-11-22 11:32:00 UTC ]
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The memoir Heretic opens with Jeanna Kadlec boarding a bus to the Middlesex County Courthouse in Massachusetts, where she is filing for divorce against her husband, an Evangelical Christian, and pastor’s son to boot. Kadlec is twenty-five and exhausted from the labor of suppressing her... Continue reading at Electric Literature
[ Electric Literature | 2022-11-17 12:05:00 UTC ]
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Emergence Magazine is an online publication with annual print edition exploring the threads connecting ecology, culture, and spirituality. As we experience the desecration of our lands and waters, the extinguishing of species, and a loss of sacred connection to the Earth, we look to emerging... Continue reading at Literrary Hub
[ Literrary Hub | 2022-11-14 09:53:38 UTC ]
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Four of MasterClass's popular streaming tutorials are now available to public library patrons via the hoopla app with more classes to be added monthly. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-11-04 05:00:00 UTC ]
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Hearst wants to find a way to shorten the time between discovering a product, learning more about it and ultimately buying it. Continue reading at Digiday
[ Digiday | 2022-10-31 04:01:00 UTC ]
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The "Late Show" host looks into Tudor Dixon's claim that some children's books are "pornographic." Continue reading at The Huffington Post
[ The Huffington Post | 2022-10-27 08:02:56 UTC ]
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