Saturday, 16 November 2024

Commercial

'Sydney’s Bondi Beach Gearing Up For Green Makeover

One of the world’s most famous and beautiful beaches, The Bondi Beach in Sydney is soon going to get a new green facelift. A new draft proposal released on Tuesday, April 30 by the officials at the Waverly Council, on Tuesday, April 30, paints an ambitious picture for the future of the tourist attraction.

'Update: Empire State Building IPO Battle Nearing Settlement

The much-talked about and controversial IPO of New York's Empire State Building’s court battle is all set to start on Monday, April 29 as a New York State Supreme Court judge; Justice O. Peter Sherwood may give his final verdict on a proposed IPO settlement deal.

'Defying Gravity: The “Upside-Down” World of a Boutique Store (PHOTOS)

There was a time when the catchphrase “Turn My World Upside Down” was associated with an emotional state of being. However, Smallna Architects have literally tried defying gravity and turned a boutique store upside down for a Polish fashion brand, “Risk. Made in Warsaw”.

EDITOR'S PICKS

'Apple Revises Spaceship Headquarters Plans; Budget Shoots up to $5 Billion

The Tech giant- Apple Inc's much talked about "spaceship-shaped" headquarter plans will reportedly be getting some alterations in order to save on its ballooning construction cost.

By Rapti Gupta
'New York Real Estate Firm Brookfield Office Purchasing Major LA Property

One of the biggest company's in Manhattan real estate, Brookfield Office Properties Inc., is about to become the largest landlord in downtown Los Angeles, controlling five of the 10 tallest skyscrapers in the city, according to reports.

By Staff Reporter
'Furniture of the Future: More Like Cooking Popcorn (VIDEO)

With the introduction of micro-apartments and smaller living spaces, everything is shrinking- Closets, kitchens and even furniture. A Belgian designer, Carl De Smet takes us far into the future of furniture. De Smet has designed some “foldable” chairs made of high-tech foam; however, they are more “cook-able” than foldable!

By Rapti Gupta
'Taking a Look at Prisons Shaped like iPhones and Clocks (PHOTOS)

Architectural craziness and creativity has no bounds, not even in “Prison”, literally! As William Schuster, the perky “Glee Club” teacher said, “Art is about pushing limits”, the folks at Talent Sãu Paulo, an ad agency has taken that quite to heart.

By Rapti Gupta
'Brookfield Properties to Acquire MPG Office Trust for $180 Million

Brookfield Office Properties Inc, a major commercial real estate firm is all set to acquire MPG Office Trust, another commercial property developer for around $180 million. The acquisition comes as Brookfield looks to expand its already growing business to the Los Angeles region.

By Rapti Gupta
'Zaha Hadid Named Businesswoman of the Year by Veuve Clicquot

Renowned architect, Zaha Hadid has been named the businesswoman of the year 2013 by Veuve Clicquot’s annual Business Woman Awards. A panel of judges from the famous champagne house, Veuve Clicquot chose Hadid as the deserving winner because of her immense contribution to the industry of art and architecture. They lauded her ‘zeal as a businesswoman’ and also the pace at which her firm, Zaha Hadid Architects has grown by leaps and bounds.

By Rapti Gupta
'Zillow to Take Earnings Call Questions via Facebook and Twitter

Online real estate website, Zillow has revealed that it will take its quarter earnings call questions via social networking sites, Facebook and Twitter. This move makes the company the first public firm to ever take up earnings call questions on social media.

By Rapti Gupta
'Update: Vornado Realty Trust Sells Stake in Boston Site to Millennium Partners

Vornado Realty Trust, a popular commercial real estate manager and REIT based in the U.S. has sold its stake in a site in Downtown Crossing, a small shopping district of Boston to Millennium Partners, another prominent commercial property firm.

By Rapti Gupta
'New York’s Rockaway Courthouse to be Converted into Medical Facility

New York’s long abandoned Rockaway Courthouse will reportedly be restored and converted into a medical facility. The New York City Economic Development Corporation and Mayor Michael Bloomberg announced in a press statement that they had selected a developer, The Harmony Group to undertake the redesigning project.

By Rapti Gupta
'Vornado Realty Trust To Sell Harlem Park Office Tower Site for $62 Million

Vornado Realty Trust, a popular commercial real estate manager in the U.S. has entered into contract to sell a parcel of land at Harlem Park and hopes the site to fetch $62 million. The buyer is yet to be identified.

By Rapti Gupta
'Update: Texas Fertilizer Explosion May Hold Back Expansions Worth $22 Billion

The deadly fertilizer plant explosion in Texas may hold back expansions and business worth $22 billion in the region, a report according to Bloomberg says. Apparently, many large industry players are planning expansions in the North American region. But the blast has raised apprehensions among regulators and communities to grant permission for setting up plants or factories.

By Rapti Gupta
'Grimshaw Architects Submits Designs for the Aspire Tower in Sydney (PHOTOS)

Grimshaw Architects, a London based architecture firm has just submitted its designs for a 90-story mixed use skyscraper, the Aspire Tower, which will be built in the suburb of Sydney, Australia.

By Rapti Gupta