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 ]
On March 24, President Trump told a Fox News virtual town hall that he’d love to have America “opened up and just raring to go” by Easter. Bill Hemmer, who was hosting, chuckled, and said that would be “a great American resurrection.” Later the same day, during a second appearance on Fox, Trump... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2020-04-13 12:02:48 UTC ]
More news stories like this
Today, the Booker Prize committee announced the shortlist for this year’s International Booker Prize—awarded annually to the best book written in any language, translated into English, and published in the UK or Ireland. The prize, £50,000, will be split evenly between author and translator of... Continue reading at Literrary Hub
[ Literrary Hub | 2020-04-02 13:21:22 UTC ]
More news stories like this
On December 19, police in Jowhar, the capital of Hirshabelle state, raided the privately owned City FM broadcaster, briefly detained Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-12-23 23:00:13 UTC ]
More news stories like this
WHEN I WAS a student in Perm, Russia, my university friend told me that her grandparents were kulaks. The term dates back to the era of collectivization, a harsh agrarian reform that took place in the Soviet Union between the late 1920s and the early ’30s. Hitherto privately owned land and... Continue reading at Los Angeles Review of Books
[ Los Angeles Review of Books | 2019-12-14 18:00:21 UTC ]
More news stories like this
On November 12, at the Pen Parentis Literary Salon in Lower Manhattan, I hear author Jimin Han say something I’ve never heard a writer admit before. “I didn’t really commit to being a writer until I had children,” Han says to a room of 20 or so writers, all of whom are parents. There is […] Continue reading at Literrary Hub
[ Literrary Hub | 2019-12-06 09:47:14 UTC ]
More news stories like this
At the 70th National Book Awards, held again this year at Cipriani Wall Street in lower Manhattan on Wednesday night, LeVar Burton presided over a smoothly run evening attended by a typically ebullient and dapper publishing industry crowd. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-20 05:00:00 UTC ]
More news stories like this
Purchase of British Steel gives privately owned Chinese steelmaker Jingye chance to grow outside home market dominated by giant state-owned mills Continue reading at ABC News
[ ABC News | 2019-11-13 11:03:39 UTC ]
More news stories like this
FOR A BOOK WRITTEN in the past five years, Robert Menasse’s The Capital, published for the first time in the United States last month in a translation by Jamie Bulloch, feels strangely dated. In the time it’s taken the novel to win the 2017 German Book Prize and be translated into English, the... Continue reading at Los Angeles Review of Books
[ Los Angeles Review of Books | 2019-10-11 19:00:17 UTC ]
More news stories like this
Judging by the dozens of cannabis pitches I receive weekly, weed—which is increasingly gaining recreational legal status across the U.S., despite the hundreds of thousands of people who continue to be arrested for it every year—is ripe for advertising opportunities. Here’s one standout cannabis... Continue reading at Advertising Age
[ Advertising Age | 2019-10-04 20:07:05 UTC ]
More news stories like this
[caption id="attachment_171791" align="alignright" width="300"] The Apollo 13 crew onboard the USS Iwo Jima after splashdown in the South Pacific Ocean.[/caption] You will be familiar, I suppose, with Apollo 13—if not the phenomenal movie, perhaps the unfortunate outer-space incident that... Continue reading at Folio Magazine
[ Folio Magazine | 2019-10-01 15:35:11 UTC ]
More news stories like this
More than any of the contemporary so-called Brexit novels, it’s ‘The Ice Age,’ a book written more than forty years ago, that offers the most haunting portrait of our current era of unrest. Continue reading at The Paris Review
[ The Paris Review | 2019-09-12 17:14:06 UTC ]
More news stories like this
New York City-based bookseller Shakespeare & Co. will open a store in Brookfield Place, a retail mall in lower Manhattan, in January 2020. There, it plans to host large scale author events. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-02 00:00:00 UTC ]
More news stories like this
A book written by a North Canterbury author is up for a special international business book award in London next week. Continue reading at Stuff
[ Stuff | 2019-03-21 00:00:00 UTC ]
More news stories like this
Messaging apps aren't just useful for everyday communication -- in at least one case, they've enabled an influential book. Kurdish-Iranian author Behrouz Boochani has won Australia's top literary award, the Victorian Prize for Literature, with a boo... Continue reading at Engadget
[ Engadget | 2019-02-02 00:00:00 UTC ]
More news stories like this
Foreign secretary Jeremy Hunt says case of Wa Lone and Kyaw Soe Oo is a top priorityThe foreign secretary, Jeremy Hunt, has pledged to make the fight to release of two Reuters journalists imprisoned by the Burmese government a top priority for the coming year.Last week, Hunt met the human rights... Continue reading at The Guardian
[ The Guardian | 2018-12-21 00:00:00 UTC ]
More news stories like this
Stuffocation author James Wallman is moving to Ebury for his new book Time and How to Spend It: Seven Ways to Better Days. Continue reading at The Bookseller
[ The Bookseller | 2018-07-14 00:00:00 UTC ]
More news stories like this
Daisy Khan, the global activist for Muslim women who helped establish an Islamic community center in Lower Manhattan, offers the ‘nuances of Islam’ in her spiritual memoir. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-11 00:00:00 UTC ]
More news stories like this
'Rooster Bar' author John Grisham sinks his teeth into a juicy target: privately owned, for-profit law schools Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2017-12-19 00:00:00 UTC ]
More news stories like this
At the 68th National Book Awards, held at Cipriani New York in Lower Manhattan on Wednesday night, politics were again front and center in the publishing world. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-15 00:00:00 UTC ]
More news stories like this
Macmillan Publishers has signed a 20-year lease at 120 Broadway, called the "Equitable Building," in lower Manhattan, and will leave Chelsea's iconic Flatiron Building. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-08-01 00:00:00 UTC ]
More news stories like this