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Partnership Underway on Renovation of 22-Story Office Building in Midtown ManhattanNEW YORK CITY — A partnership between A.M. Property Holding Corp., Axonic Capital and Platinum Properties is underway on the renovation of 11 Bryant Park Plaza, a 22-story office building in Midtown Manhattan.
JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec OfficeWith new office construction at historic lows across the country, JVP Development’s spec building in Frisco isn’t the type of thing happening outside of…
Representative imageSkender Begins Conversion of Chicago Office Tower into 320 Apartment UnitsCHICAGO — Skender has begun construction on the 500 N. Michigan Ave. adaptive reuse project, which will convert the 400,000-square-foot office tower into 320 apartment units on Chicago’s Magnificent Mile.
Representative imageJT Magen Completes 42,000 SF Build-to-Suit Office Project in Midtown ManhattanNEW YORK CITY — National construction firm JT Magen has completed a 42,000-square-foot office project in Midtown Manhattan that is a build-to-suit for auction house Bonhams.
The Next Office Cycle Will Be Defined by Scarcity, Not OversupplyAfter years of uncertainty in the office sector, shrinking construction pipelines, improving leasing activity, and the ongoing preference for high-quality space are leading to a more selective market.
NYC Issues Partial Stop-Work Order at SL Green’s 750 Third Avenue ConversionNew York City’s Department of Buildings (DOB) has halted construction work at the third office-to-conversion project in Manhattan this month.
New York Life Sees Leasing Momentum at 757 Third Ave. Amid Continued RenovationsJLL has completed 24,107 square feet of leasing activity at 757 Third Ave. The leasing activity comes as New York Life continues to enhance the Midtown East office property with planned cosmetic renovations to the lobby and the rollout of a new prebuilt office program.
BXP Closes In On Next D.C. Office Development As It Shrinks AssetsThe one developer building new office in Washington, D.C., is going for a triple. BXP is nearing its third deal in two years to build a trophy office project in the city, executives disclosed on the company’s second-quarter earnings call Wednesday....
The Plan: With a Big Vacancy Looming, Durst Goes Big on Renovating 114 West 47thSituated just off Sixth Avenue is 114 West 47th Street, a 26-story office building owned by the Durst Organization that is undergoing a major renovation.
Suffolk Construction Inks 19K-SF Lease in West Palm BeachSuffolk Construction is moving its office within Downtown West Palm Beach after signing a 19,000-square-foot lease at the Echo boutique building.
NYC Stops Construction On Another Office-To-Residential Conversion As Inspectors Descend On Job SitesConstruction work has been halted at a second Manhattan project as city officials embark on an inspection onslaught at office-to-residential conversions following the near collapse of a Midtown skyscraper. City inspectors ordered that construction...
Representative imageNo, the Pfizer Near-Disaster Won’t Slow New York’s Conversion WaveNew York City is relying, in part, on more than 16,000 units planned via office-to-residential conversions to ease its enduring housing crisis. So, when the country’s largest conversion, sitting in the heart of Midtown, starts to buckle, it’s not taken lightly.
Greystar Receives State Funding Award to Redevelop Taunton’s Whittenton MillsGreystar has received a $3.8-million Housing Development Incentive Program (HDIP) award from the Massachusetts Executive Office of Housing and Livable Communities to support the redevelopment of 437 Whittenton St. in Taunton, MA.
Representative imageCaddell Construction Opens New Office in Columbus, OhioCOLUMBUS, OHIO — Caddell Construction has opened a new corporate office in Columbus within Grandview Yard. Despite launching its first corporate office in the state, the company is not new to Ohio — its first job dates back to 1989.
Trinity Capital, Town Lane Begin Renovations for 15-Story Office Building in Uptown CharlotteCHARLOTTE, N.C. — Trinity Capital Advisors and Town Lane have begun renovations on 440 South Church, a 15-story, 388,657-square-foot office building in Uptown Charlotte. Current tenants at the Class A property include Driven Brands and HDR Engineering.
Philly Office Construction Pipeline Hits Zero, Conversion Activity SlowsMore than six years after the pandemic cratered demand for greater Philadelphia office space, the region’s construction pipeline has officially hit zero. The delivery of Chubb’s long-awaited 438K SF build-to-suit space at 2000 Arch St. last quarter...
Reports: Midtown Manhattan Office Building ‘Stable’ Following Yesterday’s EvacuationNEW YORK CITY — The Midtown Manhattan office building that is under construction on East 42nd Street and was evacuated on Tuesday, July 7 following reports of buckling columns, sagging floors and falling debris is in “stable” condition, according to reports from USA Today and…
JVP Starts Work on 110K-SF Office Building at Frisco’s The MixJVP Development broke ground on the first office building at The Mix (shown), a mixed-use development located in Frisco’s North Platinum Corridor.
Representative imagePartnership Underway on $12M Renovation of Dallas Office CampusDALLAS — A partnership between Chicago-based Glenstar and New York City-based Affinius Capital is underway on the $12 million renovation of Energy Square, a five-building office campus located in the University Park area of Dallas.
Partnership to Develop 131,000 SF Office Building in Boca Raton, FloridaBOCA RATON, FLA. — A partnership between Butters Construction & Development Inc., PEBB Enterprises and Konsker Development plans to develop One Midtown, a 131,000-square-foot office building in Boca Raton’s Midtown submarket.