Articles About Office

Author:
Tom Silva
Posted:
05.07.2012

CompStak Wants to Make Office Comps Transparent

Two young New York entrepreneurs are looking to cash in on what might be one of the commercial real estate brokerage community’s best-known secrets – that brokers commonly share hush-hush details of office transactions.  But Michael Mandel, a 29-year-old broker who spent more than five years with Grubb & Ellis, and Vadim Belobrovka, a 33-year-old […]

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Author:
Mark McDowell
Posted:
04.09.2012

Office Buildings Have to Get on the Smart Grid

Back in the day, hot weather that overtaxed the power grid meant that office buildings had to turn down the air conditioning to save electricity.  Meanwhile, the employees would notice that their surroundings were getting appreciably warmer.  Today – because more buildings are connected to a smarter grid – fewer adjustments need to be made, […]

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Author:
James I. Clark III
Posted:
03.14.2012

A New Chapter for Iconic Empire State Building

The landmark 102-story Empire State Building in midtown Manhattan could raise as much as $1 billion in a share sale and become a real estate investment trust (REIT), if the company that controls that iconic structure if its plans pan out.  According to a Securities and Exchange Commission filing, Empire State Realty Trust, Inc., intends […]

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Author:
Mark McDowell
Posted:
02.15.2012

LED Lightbulbs More Affordable, Easy on the Electric Bill

If you’d like to slash your electric bill, switch to the LED light bulb, the “light-emitting diode” that General Electric invented 50 years ago.  Now, LED bulbs are the focus of intense competition among all of the major lighting manufacturers.  “There are two races going on,” said Todd Manegold, LED product manager for Philips Electric. […]

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Author:
Tom Silva
Posted:
09.12.2011

New World Trade Center Is Rising From the Ashes

In the nearly 10 years since the 9/11 tragedy, the site that once seemed impossible to redevelop is very much alive.  The World Trade Center redevelopment and the electrifying changes going on in Downtown New York City — 56,000 new residents (doubled that of before the attacks) and 300 new tenants (since 2005) must be […]

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Author:
Tom Silva
Posted:
07.27.2011

Walkability Factor Increases Property Investment Values

According to a recent study, a 100-point scale, a 10-point increase in walkability increases property values by one to nine percent, depending on the property.  Chicago – with a Walk Score of 74 — was one of the nation’s most walkable cities.  The others are New York, Boston, San Francisco, Washington D.C., and Philadelphia.  The […]

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Author:
Mark McDowell
Posted:
07.19.2011

Will Apple Create the Next Great Building?

A giant spaceship is destined to land in Cupertino, CA – at least if Apple CEO Steve Jobs gets his way with the city council.  The new building will accommodate 12,000 employees and house its own green-energy power plant.  Apple’s current headquarters accommodates approximately 2,800 people, Jobs said.  “We’ve got almost 12,000 people in the […]

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Author:
Mark McDowell
Posted:
06.29.2011

GE Enters the Solar Power Business

The nation’s largest conglomerate – General Electric – is getting into the solar business in a big way with the firm’s announcement that it is investing $600 million to build a new solar-panel manufacturing plant as it pursues what it thinks could be a $3 billion business by 2015.  The firm, already a leader in […]

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Author:
Tom Silva
Posted:
06.20.2011

As Global Oil Consumption – and Prices – Rise, OPEC Rejects Increased Production

As gas prices seesaw up and down at the pump and Americans reluctantly pay more to fill their tanks as the economy slows, OPEC (the Organization of Petroleum Exporting States) could not agree on whether or not to increase production and provide some relief. The two key factors are Saudi Arabia and Iran. At an […]

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Author:
James I. Clark III
Posted:
05.09.2011

Bernanke Press Conferences Shedding Light on the Fed’s Inner Workings

Ben Bernanke’s first-ever press conference is important because the unprecedented move gives the world a look at the inner workings of the often arcane Federal Reserve.  As a general rule, the Fed’s chairman avoids press conferences.  Typically they issue statements that are worded with extreme care.  Since the economic meltdown, however, the Fed’s increased role […]

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