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 ]
Publisher Texas Monthly, which marked its 50th anniversary last month, grew its overall revenue by 39% in 2022, an uptick the privately owned media company attributed to its expanded number of advertising channels and an ongoing effort to cultivate new sources of revenue. The publisher increased... Continue reading at AdWeek
[ AdWeek | 2023-03-13 10:21:33 UTC ]
More news stories like this
Families of people who live in a privately owned Winnipeg personal care home want to know why two care aides were allowed to work for months after allegations were brought forward that they had abused 15 residents. Continue reading at CBC
[ CBC | 2022-06-22 20:00:25 UTC ]
More news stories like this
Oprah picks a book written by a teenager, two books by Akwaeke Emezi make the list, Salma El-Wardany's debut makes it twice, and more in this month's book club picks roundup. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-09 04:00:00 UTC ]
More news stories like this
Earlier this week, Club 8-bit, one of Ukraine’s largest privately-owned computer museums, was destroyed during the siege of Mariupol. Kotaku spotted news of the event after its owner, Dmitry Cherepanov, took to Facebook to share the fate of Club 8-bit.It has been reported that the Mariupol... Continue reading at Engadget
[ Engadget | 2022-03-27 15:41:09 UTC ]
More news stories like this
The CEO of Storyblocks discusses three considerations for companies that want to compete in this immersive new world—one of which is to spread the wealth. Tech companies are currently stumbling over themselves to see who can make a bigger bet on the metaverse. However, beyond a massive financial... Continue reading at Fast Company
[ Fast Company | 2022-02-28 05:00:22 UTC ]
More news stories like this
An unspoken tradition hints that going to the source is good for the story you want to write. The trouble often is that we have no idea what that source may be. Sometimes we think it is sheer research and we spend time in libraries. Often, we think it’s where the action of the proposed […] Continue reading at Literrary Hub
[ Literrary Hub | 2022-02-22 09:52:32 UTC ]
More news stories like this
Feeding the planet's 8 billion people is challenge enough and our current industrialized commercial practices are causing such ecological damage that we may soon find ourselves hard-pressed to feed any more. For decades, scientists have sought out higher yields and faster growth at the expense... Continue reading at Engadget
[ Engadget | 2022-02-05 16:30:43 UTC ]
More news stories like this
Book Reviews Antoine-François-Jean Claudet, [Multiple Exposures of the Moon] (1846–52), daguerreotype, 2019.47, Horace W. Goldsmith Foundation Fund, through Joyce and Robert Menschel / Courtesy of the Metropolitan Museum of Art Queer... Continue reading at World Literature Today
[ World Literature Today | 2022-02-01 20:37:36 UTC ]
More news stories like this
Uli Beutter Cohen likes to bake, read Tarot cards, call her mother in Germany and spend time with book lovers on the train. Continue reading at The New York Times
[ The New York Times | 2021-12-31 10:00:14 UTC ]
More news stories like this
NASA announced on Thursday it has awarded $415.6 million US to billionaire Jeff Bezos' Blue Origin, stalwart contractor Northrop Grumman Corp and venture-backed Nanoracks to develop privately owned and operated commercial space stations. ... Continue reading at CBC
[ CBC | 2021-12-03 12:56:05 UTC ]
More news stories like this
Iran's state TV says a cyberattack has disrupted access to the country's privately owned Mahan Air Continue reading at ABC News
[ ABC News | 2021-11-21 09:33:44 UTC ]
More news stories like this
Sylvia Plath was born 89 years ago today. A published writer from age at, she left behind a vast catalogue of poetry and prose, especially given her short life. One of her most charming works was a rhyming children’s book written in 1959 (before either of her children were born) and published in... Continue reading at Literrary Hub
[ Literrary Hub | 2021-10-27 17:44:35 UTC ]
More news stories like this
Lit Lists Earlier this spring, the editors of WLT invited twenty-one writers to nominate a single book, published since the year 2000, that has had a major influence on their own work, along with a brief statement explaining their choice. We published... Continue reading at World Literature Today
[ World Literature Today | 2021-06-28 13:32:05 UTC ]
More news stories like this
The Vancouver Aquarium has been sold from Ocean Wise Conservation Association to Herschend Enterprises, a privately owned tourism company based in the United States. Continue reading at CBC
[ CBC | 2021-04-15 16:49:57 UTC ]
More news stories like this
Lit Lists Earlier this spring, the editors of WLT invited twenty-one writers to nominate one book, published since the year 2000, that has had a major influence on their own work, along with a brief statement explaining their choice. Now it’s your turn... Continue reading at World Literature Today
[ World Literature Today | 2021-03-31 20:04:23 UTC ]
More news stories like this
Germs: not only the dirty little things you can’t see but also seeds. In his sensuous and melancholic memoir, Richard Wollheim attempts to collect the seemingly insignificant, lost little kernels of his life—the most powerful impressions of his younger self—that then germinated and made the man.... Continue reading at Literrary Hub
[ Literrary Hub | 2021-02-02 09:48:41 UTC ]
More news stories like this
Shamrock Capital, the parent company of Adweek, has acquired New York-based Bayard Advertising, which specializes in recruitment marketing. Founded in 1923, on Bayard Street in Lower Manhattan, Bayard offers a suite of services, including branding, creative, digital media strategy, programmatic... Continue reading at AdWeek
[ AdWeek | 2021-01-27 23:07:08 UTC ]
More news stories like this
Reading books is for nerds, right? Well, that depends on your definition of "nerd," I suppose. While I must confess to not being a regular reader, I greatly admire those that are. Reading is surely a better way to spend time than mindlessly watching sports on TV -- something I am quite guilty of... Continue reading at Betanews
[ Betanews | 2020-12-09 18:41:58 UTC ]
More news stories like this
Interviews Get to know the jurors for the 2021 NSK Neustadt Prize for Children’s Literature in this series of short interviews. First up: Tanita S. Davis! Tanita S. Davis was nominated for an NAACP Image Award for Mare’s War, which was a Coretta Scott... Continue reading at World Literature Today
[ World Literature Today | 2020-09-01 14:10:14 UTC ]
More news stories like this
A book written in a child's voice wins the 2020 International Booker Prize, its author from a devoutly religious Dutch farming family. The post Author Marieke Lucas Rijneveld, Translator Michele Hutchison, Win International Booker Prize appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-08-26 16:17:28 UTC ]
More news stories like this