The IBM Building at 590 Madison Ave. has one of the finest amenities in the city: A 8,200 square-foot park-like atrium with a 65-foot high glass ceiling, with dozens of chairs and tables available to everyone. “A tree-filled conservatory and public living room rolled into one,” is how the space was described in Privately Owned Public Space: The New York City Experience, a book written in 2000 by the Department of City Planning, the Municipal Art Society, and urban planner Jerold Kayden.But it seems peerless public space has only so much allure among the tenants upstairs. IBM has cut its footprint by more than half, to 50,000 square feet, because it has been transferring staff from its namesake building to a new office two miles south at 1 Madison Ave. Morgan Stanley has moved out of 50,000 square feet at 590 Madison, and law firm Crowell & Moring, which had 100,000 square feet, relocated to 2 Manhattan West when its lease expired earlier this year. As of June, the 42-story, 1 million square-foot Class A tower at the corner of East 57th Street was 77% leased, according to a report last week from bond-rating firm KBRA, which rates its $650 million mortgage “underperform.” The building matches the area’s office vacancy rate of about 23%, according to Cushman & Wakefield, indicating 590 Madison isn’t all that different from nearby office towers that are relatively distant from both Grand Central Terminal and Penn Station. 590 Madison’s owner, the State Teachers... Continue reading at 'Crains New York'
[ Crains New York | 2024-11-27 18:07:17 UTC ]
The astonishing breadth of her writing was a great inspiration – as was she, in her passionate advocacy for children’s books• Lynne Reid Banks, author of The Indian in the Cupboard, dies aged 94It is quite rare to find a writer like Lynne Reid Banks, who tries so many different subjects, and so... Continue reading at The Guardian
[ The Guardian | 2024-04-08 10:18:15 UTC ]
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New legislation could thwart planned £600m purchase of media group by UAE-backed consortiumThe UK government plans to introduce legislation that would prevent foreign governments owning UK newspapers and news magazines in a significant move that could scupper the planned £600m sale of the... Continue reading at The Guardian
[ The Guardian | 2024-03-13 15:52:35 UTC ]
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Another new residential development is on its way to Gowanus, more than two years after the neighborhood's rezoning.Developer Michael Khoo is planning a project at 557 Third Ave., located between 14th and 15th streets in the Brooklyn neighborhood, that will span about 30,000 square feet with 41... Continue reading at Crains New York
[ Crains New York | 2024-03-05 18:08:04 UTC ]
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A developer is betting that people will pay top dollar for up-close views of one of the city’s most unloved sites: AT&T’s Long Lines Building in Tribeca, a windowless, 29-story hulk from the 1970s that routinely makes lists of New Yorkers’ least-favorite buildings.The plan, which was put... Continue reading at Crains New York
[ Crains New York | 2024-03-04 18:30:46 UTC ]
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An Australian startup that recently hired a new North American president plans to grow its U.S. headquarters in Denver. The startup is a digital platform that helps privately owned businesses determine their valuation. It also helps create a roadmap for a successful exit, which could include a... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2024-02-28 13:09:19 UTC ]
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A moon lander was launched from Florida early on Thursday on a mission to conduct the first U.S. lunar touchdown in more than a half century and the first by a privately owned spacecraft. Continue reading at CBC
[ CBC | 2024-02-15 12:10:00 UTC ]
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On this week's episode of TechMagic, host Cathy Hackl and guest host Lee Kebler discuss Hackl's finished manuscript for her fifth book written with a previous guest, Irena Cronin, called Spatial Computing: An AI-Driven Business Revolution. Kebler thinks spatial computing... Continue reading at AdWeek
[ AdWeek | 2023-12-20 20:22:23 UTC ]
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Police services across Canada in early October saw a demo of Fusus — a service that makes it easier for police to access privately owned security camera footage. It's becoming more common in America, but Canadian researchers have concerns it is overkill. Continue reading at CBC
[ CBC | 2023-10-27 08:00:00 UTC ]
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My introduction to romance novels came when my high school crush handed me a book written by his mother’s friend under a pen name. It was all very hush hush, no one knew what the author’s real identity was, but he trusted me with this big secret (which might have been the first grand romantic... Continue reading at Electric Literature
[ Electric Literature | 2023-10-12 11:00:00 UTC ]
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Try the emotional self-management tools from their new book, ‘Build the Life You Want,’ to create a culture of shared growth and happiness. The best advice I’ve received about being myself came from happiness expert Arthur Brooks. While he explained the PANAS test—which measures your Positive... Continue reading at Fast Company
[ Fast Company | 2023-09-12 05:30:00 UTC ]
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A Hendon family business houses the largest privately owned costume collection in the world. Continue reading at BBC News
[ BBC News | 2023-08-21 06:34:33 UTC ]
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The Apple TV+ film Tetris was copied from a book written years ago, according to a lawsuit filed against the tech giant and the Tetris Company. Dan Ackerman, the editor-in-chief of Gizmodo, has accused the plaintiffs of ripping off his book The Tetris Effect, which tells the history of the game... Continue reading at Engadget
[ Engadget | 2023-08-09 06:17:44 UTC ]
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On Jan. 1, the privately owned business publisher Bloomberg Media shut off its open-market programmatic advertising, a move to better control its user experience and drive advertisers to reach its audience by buying directly from the company itself. Six months later, the strategy produced its... Continue reading at AdWeek
[ AdWeek | 2023-07-18 11:31:59 UTC ]
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Henry had always been a theatrically pious king and in his last years he turned to religion with melancholy intensity. Continue reading at The Conversation
[ The Conversation | 2023-07-04 12:22:50 UTC ]
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The outdoor gear company’s new headquarters adds visibility to its workspaces and its work. For an outdoor clothing and gear company, L.L. Bean’s offices were surprisingly cloistered. “About 90% of our employees did not have access to natural daylight. There were parts of the building that were... Continue reading at Fast Company
[ Fast Company | 2023-06-14 04:30:00 UTC ]
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Georgi Gospodinov’s Time Shelter, translated by Angela Rodel, portrays a ‘clinic for the past’ and was praised as a ‘great novel about Europe’Georgi Gospodinov’s Time Shelter, translated by Angela Rodel, has become the first book written in Bulgarian to win the International Booker prize.Chair... Continue reading at The Guardian
[ The Guardian | 2023-05-23 21:00:47 UTC ]
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The chain’s founder is celebrating its 20th anniversary – but for a while it, and the industry as a whole, was on the brinkTim Richards is celebrating a milestone he feared he might not see – the 20th anniversary of the creation of Vue, Europe’s largest privately owned cinema chain. That... Continue reading at The Guardian
[ The Guardian | 2023-05-16 13:00:08 UTC ]
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The owner and operator of the Mysterious Bookshop in Lower Manhattan, the oldest bookstore in the U.S. specializing in mysteries and thrillers, said his duties running Mysterious Press don’t leave him with enough time to interact with customers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-05-05 04:00:00 UTC ]
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Groundbreaking kids’ series A Kind of Spark is staffed by neurodivergent talent and treats its lead character like almost no other on TV. It’s cool, fun and powerfulNever before has there been a cool, edgy kids TV series that can attest to hiring neurodivergent actors, performing a script... Continue reading at The Guardian
[ The Guardian | 2023-04-11 15:12:44 UTC ]
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Last week, Twitter said it would start winding down the legacy verified program on April 1st, but over the weekend, that didn't happen, because (according to The Washington Post) unverifying users is a painstaking manual process. Meanwhile, another report indicated around 10,000 of the... Continue reading at Engadget
[ Engadget | 2023-04-04 11:15:47 UTC ]
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