32M SF Of Positive Office Absorption Expected Nationwide In 2018
Similar to 2017, completions will also outpace net absorption nationwide. Overall rent growth is anticipated to decline from 2.4% in 2017 to 2% in 2018.
When it comes to occupiers, the tight labor market continues to be a challenge as…
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Land Transfer At San Francisco's Shipyard Delayed By Falsified Soil Tests
Potentially fraudulent soil testing at Hunters Point could delay the completion of FivePoint's Shipyard project in San Francisco. A recent draft report revealed nearly half of the soil samples results were falsified by Tetra Tech, a company that was tasked…
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Philadelphia vs. Boston: A Super Bowl CRE Scouting Report
In commercial real estate, Boston and Philadelphia mirror their football teams, which will be facing off in the 2018 Super Bowl: the established exemplar and the scrappy underdog. But just like on the gridiron, both cities have strengths and weaknesses that add subtleties to the story. Bisnow presents a sector-by-sector breakdown of the two cities.
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Beyond The Bio: Bisnow's 16 Questions With Former Forest City Ratner CEO MaryAnne Gilmartin
This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses and lifestyles.
MaryAnne Gilmartin has been one of New York City's most prominent developers for years in her position as CEO of Forest City Ratner, building the Barclays Center and Pacific Park megaproject in Brooklyn, the New York Times Building in Midtown Manhattan and Frank Gehry's first high-rise apartment building, 8 Spruce St. Downtown. In 2018, she left her post as the leader of the REIT's New York office to strike out on her own, founding L&L MAG in January. Backed by L&L Holding Co. and hundreds of millions in equity funding, Gilmartin, after two decades at Forest City, is now the first female founder of a construction and development firm in New York City.
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The Crown Estate's Alison Nimmo: I Love This Industry, But It Needs To Change
It is pretty strange to hear the chief executive of the 250-year-old property company whose assets are ultimately owned by the Queen namecheck WeWork as the firm's biggest influence. But change is on Alison Nimmo's mind.
Specifically, she is considering how to change the Crown Estate to make it fit with the modern era but also keep it true to its roots. She is wrestling with the huge changes to the way people work, and what that means for the Crown Estate as a business. And she is grappling with how to provide leadership and affect change in an industry suffering from a chronic lack of diversity, an industry that can still, in 2018, end up at the center of sexual harassment allegations like those that have emerged after the annual dinner of the Presidents Club.
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