Silverstein Properties' redevelopment of the World Trade Center site has been by and large a success story. Yes, the Lower Manhattan office market is struggling in the wake of the pandemic, but in the past two decades the developer has still managed to transform a desolate location of almost unfathomable heartbreak into a campus of well-regarded skyscrapers hosting many blue-chip tenants.The glaring missing piece in this is 2 World Trade Center, the final office tower in the complex that Silverstein Properties has yet to begin construction on after multiple false starts. The developer will not begin work on the project until it secures an anchor tenant, and although it has gotten close to doing so several times, it has yet to close a deal.Sources familiar with the site pointed to multiple reasons why erecting this particular tower has been such a challenge, including the current state of the city's office market, the relative lack of subsidies for its construction and the massive size of the project. Company Chairman Larry Silverstein also detailed a few of the setbacks in his recent book on the topic. The sheer amount of hurdles can sometimes make the project seem cursed, but Lynne Sagalyn, a Columbia Business School professor and author of the book Power at Ground Zero, said it has merely been the victim of a tough market."I don't think it's a jinxed site," she said. "Silverstein as a company is well established and knows how to run these kinds of buildings, knows how... Continue reading at 'Crains New York'
[ Crains New York | 2024-10-17 09:48:11 UTC ]
News tagged with:
#low rents
#huge role
#difficulty finding
#massive footprint
#residential conversions
#popular answer
#spoke vaguely
#residential units
#high-profile campaign
#households earning
#mariama james
#largely dead
#legally challenging
#ceo late
#relentlessly promoting
#published book
#recent book
After several years of honing its skills on properties like Back to the Future and Sam & Max, Telltale Games nailed its episodic storytelling approach with 2012's brilliant The Walking Dead. It forced you to make moral and strategic choices while trying to survive the undead uprising, and... Continue reading at PC World
[ PC World | 2014-11-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#source material
#smartphone screen
Sales at Houghton Mifflin Harcourt’s trade segment rose 1.5% in the third quarter of 2014 compared to the same period last year, rising to $46.5 million. Adjusted EBITDA , however, dropped 16.3% to $7.2 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-11-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#adjusted ebitda
#hmh trade
The social network's plans to control even more of the media industry squeezed a collective gasp out of publishers. Was that a last breath?Facebook recently wrapped up a "listening tour," hoping to lure publishers across the United States to deliver their content pages and news feeds to... Continue reading at Fast Company
[ Fast Company | 2014-11-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#news feeds
#news business
'Gray Mountain,' the latest novel from John Grisham, debuted on Apple’s iBooks chart at #2. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-29 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ibooks chart
#john grisham
#gray mountain
#ibooks bestsellers
Bloomberg has placed video at the center of its digital efforts, a strategy that is beginning to pay off for the business publisher. The post Inside Bloomberg Media’s digital video business appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2014-10-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#digital efforts
Lynda Bellingham’s fiction publisher Simon & Schuster has paid tribute to her as a “vibrant” woman who leaves “a truly wonderful literary legacy”. The British actress died yesterday (19th October) aged 66, after a battle with colon cancer. She wrote the novel Tell Me Tomorrow for Simon... Continue reading at The Bookseller
[ The Bookseller | 2014-10-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#simon schuster
#paid tribute
#lynda bellingham
'Leaving Time,' the latest from Jodi Picoult, came in at #2 on Apple’s iBooks bestseller list for the week ended October 20. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#jodi picoult
#leaving time
#ibooks bestsellers
The UK publishing market led the world in terms of the number of new titles published relative to population size in 2013, as well as in 2013 export revenue, according to new figures from the International Publishing Association (IPA). Continue reading at The Bookseller
[ The Bookseller | 2014-10-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#uk publishers
Last month Facebook analyzed a user meme looking at '10 books that have stayed with you.' Now the company's data scientists have done another analysis looking at responses from foreign-language users and have found some different results. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-10-17 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#data scientists
Writing for SF Gate, John McMurtie reports that the San Francisco based publishing house McSweeney’s will become a nonprofit. The post McSweeney’s New Business Model: Nonprofit appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-10-17 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#business model
Martha Stewart is getting out of the business of magazines -- mostly.Her company, Martha Stewart Living Omnimedia, has struck a 10-year licensing agreement with Meredith Corp., owner of Better Homes and Gardens and Every Day With Rachael Ray, to handle the advertising sales, marketing,... Continue reading at Advertising Age
[ Advertising Age | 2014-10-16 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#paper stock
#non-editorial functions
#advertising sales
#rachael ray
#martha stewart
#meredith corp
#business operations
What are publishers doing in Namibia, Jordan, Senegal and Indonesia? We interview four publishers at the Frankfurt Book Fair to find out. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-10-10 00:00:00 UTC ]
More news stories like this |
New this year at the Frankfurt Book Fair, the Business Club offers exclusive networking opportunities, high-level discussions about book publishing and more. Here is a selection of events for Tuesday, October 7. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-10-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#book publishing
#business club
When Dan Roth left Fortune for LinkedIn, the publishing world thought he was crazy. Now he holds publishing's most powerful editorial position. The post How Dan Roth became the most powerful editor in business publishing appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2014-10-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#business publishing
#dan roth
A look inside Gabriele Galimberti's 'In Her Kitchen,' portraits of grandmothers from all over the world, who posed with their favorite dishes. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#signature dishes
A generation ago, church history was the trending topic in American religious history books, with Protestant titles dominating. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#trending topic
#church history
#generation ago
The shape of publishing continues to shift, but academic presses still face the perennial questions: audience, sales, course adoptions, a shrinking library market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#academic presses
#publishing continues
#scholarly publishing
Charles M. Blow, author of 'Fire Shut Up In My Bones' (HMH, 9780544228047) will appear on MSNBC-TV’s 'The Last Word with Lawrence O’Donnell' on Thursday, October 2. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#fire shut
On Sept. 29, Hearst Magazines president David Carey announced the creation of a new "Millennial Group" to better showcase the editorial and marketing common denominators between Seventeen and Cosmopolitan among women and girls born after 1980. Continue reading at Folio Magazine
[ Folio Magazine | 2014-10-01 00:00:00 UTC ]
More news stories like this |
'Killing Patton,' the fourth installment in Bill O’Reilly and Martin Dugard’s Killing series, debuted on Apple’s bestseller list at #2 for the week ended September 28. T Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-10-01 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bestseller list
#killing series
#martin dugard
#fourth installment
#hits #2
#killing patton
#ibooks bestsellers