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Plans Revealed for 172 Madison Residential High-Rise in Manhattan

Plans Revealed for 172 Madison Residential High-Rise in Manhattan

New York City-based Tessler Developments has unveiled the designs and plans for 172 Madison, its latest offering to the Manhattan residential landscape. According to Tessler, every feature, service and amenity of the 34-floor glass tower has been tailored to fit the genuine needs and “wish list” items of the current Manhattan condominium buyer: Tapped into […]

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Residential Managers Honored at REBNY Leadership Award Event

Residential Managers Honored at REBNY Leadership Award Event

The Real Estate Board of New York (REBNY) turned the spotlight on New York City’s top residential managers at the 17th Annual Residential Management Leadership Awards Breakfast yesterday at The Roosevelt Hotel. More than 450 attendees turned out to honor Noreen P. McKenna, Managing Director/Senior Vice President at Brown Harris Stevens, LLC, who received the […]

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Miami High-Rise Yacht Club Condo Breaks Ground on Tower Two

Miami High-Rise Yacht Club Condo Breaks Ground on Tower Two

Marina Palms Yacht Club & Residences in North Miami Beach celebrated the official groundbreaking of its second luxury condominium tower. The event was held on February 21, just three weeks after the first tower enjoyed its formal topping off. City officials, buyers, top brokers and other real estate professionals attended the event. “Every phase of […]

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Fire in Chicago’s Erie on the Park High-Rise Contained by Sprinkler System

Fire in Chicago’s Erie on the Park High-Rise Contained by Sprinkler System

On the night of February 23, a fire was contained to a single condo unit by a fire sprinkler system on the 14th floor of the Erie on the Park high-rise in Chicago. The information was obtained through an email sent to the residents by the property manager of the 24-story, 125-unit condo building at […]

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High-Rise Artist Lofts Planned for Dallas Arts District

High-Rise Artist Lofts Planned for Dallas Arts District

ZOM Development has unveiled its Atelier | Flora Lofts high-rise project, an expanded vision for one of the largest remaining undeveloped properties in the Dallas Arts District. Atelier (a-tal-’yā: workshop of an artist) incorporates the previously announced Flora Lofts project involving affordable, live/work spaces for artists, adding to it 370 market-rate, luxury, residential rental units […]

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Charles Schwab Takes 22,915 Sq. Ft. at 1133 Avenue of the Americas

Charles Schwab Takes 22,915 Sq. Ft. at 1133 Avenue of the Americas

Charles Schwab & Co. Inc. has a signed an 11 year lease for 22,915 square feet on the 37th floor of Durst’s 1133 Avenue of the Americas. Charles Schwab will be moving from their subtenant space at Durst’s 114 West 47th Street to a newly built-out full floor at 1133. “We are thrilled to welcome […]

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Global Advisory Firm Relocates to Miami’s One Biscayne Tower

Global Advisory Firm Relocates to Miami’s One Biscayne Tower

Global business advisory firm, FTI Consulting, Inc. , has moved from Miami Center to One Biscayne tower leasing 17,000 square feet at the 39-story, 700,000 square foot Class A office high-rise located in Downtown Miami. The transaction was negotiated on behalf of the owner by Brian Gale and Ryan Holtzman of Taylor & Mathis. The […]

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San Francisco’s New Transbay Transit Center Looks to Sell Naming Rights

San Francisco’s New Transbay Transit Center Looks to Sell Naming Rights

San Francisco’s Transbay Joint Powers Authority (TJPA) has offered up naming rights for the iconic Transbay Transit Center, what the agency calls the future “Grand Central Station of the West.” The station will link the entire Bay Area through 11 different transit agencies and enhance San Francisco’s South of Market (SoMa) neighborhood. The TJPA’s Request […]

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Energy Optimization Solution Reduces Chiller Operating Costs

Energy Optimization Solution Reduces Chiller Operating Costs

Press Release | February 25, 2015

Hudson Technologies, Inc. has introduced SmartEnergy OPSTM, a chiller plant energy optimization solution, designed to reduce annual chiller plant system operating costs by up to 35%. SmartEnergy OPSTM collects and analyzes real-time operating data from water-cooled chiller plant systems, identifies operating issues and provides actionable steps to improve a system’s efficiency. Riyaz Papar, PE, CEM, […]

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Colliers Selected as Leasing Agent for Atlanta’s 100 Peachtree Street

Colliers Selected as Leasing Agent for Atlanta’s 100 Peachtree Street

High Rise Facilities | February 24, 2015

Five Mile Capital Partners has hired Colliers International to be the exclusive leasing agent for 100 Peachtree Street, a 32-story, 625,424-square-foot office tower located in downtown Atlanta. Designed by Skidmore, Owings & Merrill, 100 Peachtree Street was commissioned in 1968 as the regional headquarters of Equitable Life Insurance Company. In 2014, this mid-century modern masterpiece […]

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Reliable Fire Alarm System is Critical for High-Rise Safety

Reliable Fire Alarm System is Critical for High-Rise Safety

Brian Carlson | February 23, 2015

At one point or another, most of us, unfortunately, have read or seen news items like this: Yet another “building owner” is responsible for building code violations after a tragic fire at their property. Serious consequences and ensuing lawsuits are a possible outcome when facility owners and managers do not behave responsibly by making sure […]

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Prudential Real Estate Investors Acquires Chicago East Loop High-Rise

Prudential Real Estate Investors Acquires Chicago East Loop High-Rise

High Rise Facilities | February 23, 2015

Prudential Real Estate Investors (PREI) has acquired 55 East Monroe, a 49-story Class A office property in Chicago, on behalf of institutional investors. GlenStar Properties, which has managed the property since 2005, will continue to serve as the property manager and leasing broker. Terms of the transaction were not disclosed. 55 East Monroe is a […]

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Smart Elevator Passenger Grouping Increases Speed and Capacity

Smart Elevator Passenger Grouping Increases Speed and Capacity

Theresa Muenkel Christy | February 20, 2015

Elevator handling capacity is defined as the amount of passengers that can be adequately served by an elevator system in five minutes. Sometimes quoted as a percentage of the building population, other times stated as a specific number of people, a higher handling capacity means serving more passengers in less time. While handling capacity can […]

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Construction Underway on New 61-Story Four Seasons in Boston

Construction Underway on New 61-Story Four Seasons in Boston

High Rise Facilities | February 19, 2015

Carpenter & Company, Inc. has secured $680 million in construction financing and joint venture equity for the 61-story Four Seasons Hotel & Private Residences One Dalton Street, Boston, the tallest building to be constructed in New England since the early 1970s. HFF worked on behalf of Carpenter & Company, Inc. to secure the $500 million […]

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CRE Tech Firms Collaborate to Bring 3D Tours to Brokers and Tenants

CRE Tech Firms Collaborate to Bring 3D Tours to Brokers and Tenants

High Rise Facilities | February 19, 2015

Two real estate technology companies have teamed up to deliver the next-generation of property marketing & leasing tools. Hightower, a company promising to digitize the leasing work flow, and Floored, an interactive 3-D property visualization firm, are collaborating to allow tenants and brokers to tour spaces virtually. According to the folks at Hightower, a traditional […]

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Colliers Acquires Boston-Based Corporate Portfolio Analytics

Colliers Acquires Boston-Based Corporate Portfolio Analytics

High Rise Facilities | February 19, 2015

Colliers International has acquired corporate real estate management consulting firm, Corporate Portfolio Analytics (CPA), based in Cambridge, Mass. CPA’s Co-founder and Managing Director Dr. Martha O’Mara will join Colliers’ as Executive Managing Director, Head of Consulting, Corporate Solutions for the Americas. O’Mara and her team will provide clients advisory services in the disciplines of management […]

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Well-Known L.A. Broker, Jonathon Larsen, Joins Avison Young

Well-Known L.A. Broker, Jonathon Larsen, Joins Avison Young

High Rise Facilities | February 18, 2015

Avison Young has hired leading office broker Jonathan Larsen. He joins the firm as a Principal and Managing Director of the West Los Angeles office. Larsen will oversee the day-to-day operations of the office, while continuing his focus on Downtown Los Angeles and growing Avison Young’s Tri-Cities, West San Fernando Valley and Ventura County markets. […]

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Historic Downtown Miami High-Rise Converted to Office Condos

Historic Downtown Miami High-Rise Converted to Office Condos

High Rise Facilities | February 18, 2015

Downtown Miami’s historic One Flagler office condominium has reached the 50% sales mark just three months after hitting the market, becoming the latest sign of Miami’s growing appeal among international businesses. The news comes as large-scale renovations to the 15-story boutique building’s common areas and individual offices are well underway. Located at the intersection of […]

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Brookfield to Install 928 Submeters in 7 Houston and New York High-Rises

Brookfield to Install 928 Submeters in 7 Houston and New York High-Rises

High Rise Facilities | February 18, 2015

Brookfield Property Partners is installing customized utility submetering solutions in seven commercial office towers in New York and Houston. The properties include 1 Liberty Plaza, 245 Park Avenue, 1114 Avenue of the Americas (The Grace Building), and 200 Liberty Street in New York City as well as 2 Allen Center and 3 Allen Center in […]

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The Astor Companies Breaks Ground on New Miami Residential High-Rise

The Astor Companies Breaks Ground on New Miami Residential High-Rise

High Rise Facilities | February 17, 2015

The Astor Companies hosted a ground breaking ceremony today to launch construction of InTown, a 14-story residential tower with 320 luxury residences that will be located at 1900 S.W. 8th Street in Miami one mile west of downtown in the Southwest Eighth Street District. In addition to Astor officials, VIPs from the community were on […]

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Developer Transforming Historic Chicago High-Rise Into “LondonHouse” Hotel

Developer Transforming Historic Chicago High-Rise Into “LondonHouse” Hotel

High Rise Facilities | February 13, 2015

Oxford Capital Group plans to open “LondonHouse” at the corner of North Michigan Avenue and Wacker Drive in the spring of 2016. This latest lifestyle hotel development from Oxford will feature a 452-room hotel within the historic Alfred S. Alschuler-designed London Guarantee & Accident Building, blended with a new 22-story architecturally synchronized Modernist glass tower […]

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Carey Watermark Investors Acquires Westin Minneapolis for $66.4 Million

Carey Watermark Investors Acquires Westin Minneapolis for $66.4 Million

High Rise Facilities | February 13, 2015

Carey Watermark Investors Incorporated (CWI) has acquired the landmark Westin Minneapolis hotel. The full-service, 12-story hotel includes 214 guestrooms and is located in downtown Minneapolis. The acquisition price was $66.4 million and was financed with $43.5 million of debt. The total $69.6 million investment includes the $66.4 million purchase price as well as $3.2 million […]

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Miami’s SunTrust Building Sold to South American Investment Group

Miami’s SunTrust Building Sold to South American Investment Group

High Rise Facilities | February 13, 2015

A private South American investment group has closed on the $140 million purchase of 777 Brickell Avenue, a high-rise office tower with 288,485 square feet and an adjacent 5-story parking structure located in Miami, Florida. CBRE marketed the property, also known as SunTrust Building, on behalf of an institutional investor advised by CBRE Global Investors. […]

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New River North Chicago High-Rise will Feature Private Garages

New River North Chicago High-Rise will Feature Private Garages

High Rise Facilities | February 12, 2015

Chicago-based Smithfield Properties is developing a new high-rise condominium project at the corner of Huron and Sedgwick Streets in Chicago’s River North neighborhood. Sales are being handled by @properties. The site of 400 West Huron is familiar to many Chicagoans as the old Scoozi restaurant, which closed last year after a 28-year run in River […]

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