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 ]
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These days, it’s hard to cross the street in an urban center without bumping into a food truck. There are food truck guilds and food truck trackers. There are acclaimed chefs who got their start in the food truck business. Lucky Peach, the food magazine with hipster/intellectual cred, just... Continue reading at Slate
[ Slate | 2014-03-27 00:00:00 UTC ]
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USA Today is in the midst of rethinking what it’s all about. Gone is the mindset of being a national newspaper; in is the goal of establishing itself as a national news brand on several platforms -- and yes, that includes print. USA Today president and publisher Larry Kramer explained the... Continue reading at Digiday
[ Digiday | 2014-03-23 00:00:00 UTC ]
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Sam Gardiner is a football-mad schoolboy, but no one took his opinions seriously. So he created a fake Twitter personality and soon was talking tactics with Premiership players. Tim Lewis meets the spoofer extraordinaireFor five minutes, Sam Gardiner panicked. He had been rumbled: he wasn't... Continue reading at The Guardian
[ The Guardian | 2014-03-23 00:00:00 UTC ]
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It’s a story as old as humankind—an older generation makes way for a younger one. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-21 00:00:00 UTC ]
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Business Insider, one of the sites at the forefront of creating a native digital publishing model, happily announced the other day an additional investment of $12 million, bringing its total to about $30 million. Started by former securities ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2014-03-17 00:00:00 UTC ]
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World Book Day titles dominated the top of last week's UK Official Top 50, nabbing the first... Continue reading at The Bookseller
[ The Bookseller | 2014-03-11 00:00:00 UTC ]
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In Dickens's day, serialized novels were all the rage. Rooster aims to revive that trend, making it easier than ever to find good books (and the time to read them).In the age of abbrevs., sitting down to read a novel can feel like gearing up for a marathon, no matter how much you love books. The... Continue reading at Fast Company
[ Fast Company | 2014-03-11 00:00:00 UTC ]
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The London Review of Books has become the most successful – and controversial – literary publication in Europe. Just what is Mary-Kay Wilmers, its 75-year-old editor, getting so right?The offices of the London Review of Books are situated on the top two floors of a Georgian townhouse in the... Continue reading at The Guardian
[ The Guardian | 2014-03-09 00:00:00 UTC ]
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Time Inc. has raided the digital world to land a new publisher for Fortune magazine, naming Eric Danetz to the post on Friday. Mr. Danetz had been chief revenue officer at Defy Media, the web video and branded entertainment company created when Break Media and Alloy Digital merged last fall.The... Continue reading at Advertising Age
[ Advertising Age | 2014-03-07 00:00:00 UTC ]
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Sales in Houghton Mifflin Harcourt’s trade division rose 9% in 2013, to $170.7 million, and adjusted EBITDA declined to $24 million from $29 million in 2012. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-06 00:00:00 UTC ]
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PW Comics World, Publishers Weekly’s regular email newsletter on graphic novel and comics publishing, is increasing its frequency to twice a month. Beginning March 5 2014, the newsletter will go out on the first and third Wednesdays of every month. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-05 00:00:00 UTC ]
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Special World Book Night copies of '12 Years a Slave' will be made available to schools. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2014-03-01 00:00:00 UTC ]
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Day 2 of our coverage of the Frankfurt Book Fair's GLOBALOCAL event in New Delhi takes in talks on innovation and marketing, the Asian marketplace and mashups. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-02-28 00:00:00 UTC ]
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A snapshot of STM publishing in India, which represents 84% of the publishing industry's profits in the country, from this February's GLOBALOCAL conference. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-02-27 00:00:00 UTC ]
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Chapter 2 Books in Hudson, Wis., signed the lease Tuesday on a larger retail space, less than a week before it must vacate its current location. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-27 00:00:00 UTC ]
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Leicester Mercury down 14.4% on the year while rival titles belonging to Johnston Press and Trinity Mirror also sufferSeveral Local World flagship evening regional newspapers suffered double digit year-on-year circulation falls, according to the latest ABC figures.Many of its regional rivals... Continue reading at The Guardian
[ The Guardian | 2014-02-27 00:00:00 UTC ]
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Haven't finished a book since college? Between work, family, and social lives, trying to find time to read can be more effort than relaxing hobby. Here's how to make more time for your favorite page-turners.Reading is one of the most pleasurable activities out there. On a scale of human... Continue reading at Fast Company
[ Fast Company | 2014-02-27 00:00:00 UTC ]
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In Publishing Perspectives' Issues on the Ether, Porter Anderson asks #EtherIssue participants to focus on tools needed by entrepreneurial authors. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-02-25 00:00:00 UTC ]
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The Gunn Media business will be "well cared for", as its director Ali Gunn would have... Continue reading at The Bookseller
[ The Bookseller | 2014-02-24 00:00:00 UTC ]
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With ebooks and print-on-demand, readers never again have to want for a much loved, long forgotten, or previously unpublished book from a cherished writer. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2014-02-21 00:00:00 UTC ]
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