Saturday, 16 November 2024

Commercial

'Bank of New York Mellon Signs Downtown Manhattan Lease for New headquarters

Bank of New York Mellon, the world's largest custody bank, has reportedly signed a lease to rent out 35,000-square-feet of space at the Brookfield Place in lower Manhattan, New York City.

'Yankees’ Alex Rodriguez Won’t Be Allowed to Return to 15 Central Park West

Alex Rodriguez, the scandal-scarred New York Yankees' slugger, isn't really a favorite of the management and residents living in the prestigious 15 central park West Building.

'Office Real Estate Trends In Vogue Right Now

In the 48th annual conference for the National Association of Real Estate Editors, experts discussed the various trends office building are adopting to become more attractive. Culture Map compiled a list of the most interesting trends that are taking over the real estate market and we sieved through the list to bring out the commercial real estate developments.

EDITOR'S PICKS

'Thor Equities Led Group Agrees to buy Manhattan’s 530 Fifth Ave. Building for $595 Million

A consortium of investors led by Thor Equities LLC, a major New York City-based property developer, has agreed to purchase the retail and office building at 530 Fifth Avenue, Manhattan, for a deal worth $595 million.

By Rapti Gupta
'Increased Supply Controls Rising U.S. Apartment Rents

As the U.S. economy is still struggling with an uneven recovery, more people are opting to rent than to buy. This has driven up rental rates through the roof. However, a new report reveals that the pace, at which rates have been rising, is slowing down as supply increases.

By Rapti Gupta
'Starwood Group Looking to Sell Upcoming Baccarat Hotel in New York City

Starwood Capital Group, the Barry Sternlicht-led international real estate and development group, is reportedly looking for a buyer for its upcoming Baccarat Hotel in New York City.

By Rapti Gupta
'Bitcoin: New York City Holiday Inn to Start Accepting Payments in Cryptocurrency

A Holiday Inn hotel in Brooklyn, New York City, will start accepting payment in Bitcoin.

By Rapti Gupta
'3D Printing: Minnesota man building home using ‘Concrete Printing’ (VIDEO)

A Minnesota native decided to make the most of the romance between architecture and 3D printing and is now building a home using the "concrete printing" technology.

By Rapti Gupta
'Donald Trump Faces Criticism for “TRUMP” Sign on Chicago’s Trump Towers

Donald Trump, the real estate mogul, has been criticized by architects and the public alike for placing a 20-by-141-feet, five-letter sign - which reads "T-R-U-M-P" - on Chicago's second tallest building, the Trump Towers.

By Rapti Gupta
'Live like "Samantha Jones" of "Sex and the City" for $100,000 a month

All you "Sex and the City" fans, dig this! You can now rent the Malibu mansion where Kim Cattrall's character "Samantha Jones" shacked up with her boyfriend Smith Jerrod for $100,000 a month.

By Rapti Gupta
'Finland Will Feature Barcelona's Sagrada Familia Basilica Made From Ice and Saw Dust

A team of over 50 Eindhoven University of Technology faculty and students will be attempting to recreate Barcelona's Sagrada Familia basilica using a unique building material called pykrete.

By Staff Reporter
'P.C. Cast, “House of Night” Author, Lists Tulsa Home for $1.99 Million

Fantasy writer P.C. Cast has listed her home in Tulsa, OK, for $1.99 million.

By Staff Reporter
'Baseball Manager Tony LaRussa Buys Danville Home for $1.2 Million

Tony LaRussa, renowned baseball manager, has bought a home in Danville, CA, for $1.233 million.

By Staff Reporter
'Justin Bieber renting a villa in Mexico

Justin Bieber, the "As Long as you love me" hitmaker, has been receiving a lot of heat for his "N-word" video and the crooner has decamped to Mexico to avoid all the negativity.

By Rapti Gupta
'Khloe and Kourtney Kardashian finally find a Hamptons home

Khloe and Kourtney Kardashian, the two sisters from the "Keeping Up with The Kardashians" fame, have reportedly found a rental residence in Hamptons to shoot their new reality series "Kourtney and Khloe Take the Hamptons."

By Rapti Gupta