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Op-ed: Rethinking New York’s path to decarbonization
6 months ago
Friday, August 7, 2009
Sierra in the News
We wanted to point you to Christine Haughney's article from July's New York Times -- about how wealthy (and not so wealthy) people in TriBeCa are dealing with the recession. Read the whole piece here.
Sierra in the News
The Real Deal has a nice mention of Sierra Realty Corp. being chosen to handle the management and leasing of 648 Broadway, a ten story commercial office building between Bond and Bleecker streets in Noho's historic district. The cast iron renaissance revival building is over 115 years old, and is stunningly beautiful! Click here to read the article.
Sierra in the News
Both Real Estate Weekly and gbNYC (Green Building in Gotham, which you must check out here) mention that UK shoe retailer Terra Plana signed a five-year deal for 2200 square feet of space at the gorgeous 254 Elizabeth Street in Nolita.
Click here to read the Real Estate Weekly article and here to read the gbNYC article.
Real Estate Weekly also notes that we secured a long-term lease at 425 West Broadway for the chic French handbag designer Cleo & Patek. Real the article here. Warm thanks to our friends at this excellent publication!
Click here to read the Real Estate Weekly article and here to read the gbNYC article.
Real Estate Weekly also notes that we secured a long-term lease at 425 West Broadway for the chic French handbag designer Cleo & Patek. Real the article here. Warm thanks to our friends at this excellent publication!
Sierra in the news
Our friends at the Mann Report mention that we are the exclusive agency for 801 Madison Avenue, between East 67th and 68th streets -- two 1,200 square foot floors currently occupied by luxury and high-fashion retailers Giorgio's, Max Mara, Dolce & Gabbana, and Donna Karan.
Thursday, June 18, 2009
Sierra in the news
Our wonderful friends at Crain's New York Business, Costar Group, and RealEstateBisNow have nice mentions of our new team members Marianne Thorsen and Blanche Baker Magill, as well as Peter Levitan's promotion to Managing Director. Read these three excellent articles here.
Articles 06.18.09
Some neighborhoods in New York are still hot notwithstanding the recent downturn in our local economy. I am pleased to see that Sunset Park in Brooklyn makes this list. I can attest to the strength of this neighborhood based on our successful experience with our condo conversion in this neighborhood. See the article "Hot or Not."
"Bulk Sales of Condos Spreading" describes recent efforts of developers to sell units in a low velocity market.
Three articles discuss the current economic situation in New York. The news is not all bad. The economic stimulus package may have softened the impact on the city. Moreover, unlike our experience during Republican administrations (who can forget following 9/11 the formula for the allocation of Homeland Security dollars that treated New York the same as North Dakota?), New York has received a very significant share of stimulus dollars. It helps that New Yorkers currently play a very significant role In the current administration and in Congress. The new urban agenda that is being adopted in Washington will certainly benefit the city over the next four years. See the three articles "Recession NYC Job Lost Estimate Ease", "Wall Street Job Losses", and "Where Does New York Stand".
"Central Perk" describes how New York's Central Park is not only just a green oasis in the center of the city but also a veritable gold mine as well.
For an excellent overview of some of the legal issues involved in the taking over of troubled properties see the article "Beyond the Workout."
Looking for cheap eats in Midtown? The website Midtownlunch is a perfect resource for finding excellent street food and cheap restaurants in midtown.
Interesting fact: the average retail space per capita in the United States is 20 ft.” per person. In the outer boroughs, it is a paltry 6 ft.” per person. Less than one third the national average. Why? The barriers to entry in New York are exceptionally high, which discourages retail development.
"Bulk Sales of Condos Spreading" describes recent efforts of developers to sell units in a low velocity market.
Three articles discuss the current economic situation in New York. The news is not all bad. The economic stimulus package may have softened the impact on the city. Moreover, unlike our experience during Republican administrations (who can forget following 9/11 the formula for the allocation of Homeland Security dollars that treated New York the same as North Dakota?), New York has received a very significant share of stimulus dollars. It helps that New Yorkers currently play a very significant role In the current administration and in Congress. The new urban agenda that is being adopted in Washington will certainly benefit the city over the next four years. See the three articles "Recession NYC Job Lost Estimate Ease", "Wall Street Job Losses", and "Where Does New York Stand".
"Central Perk" describes how New York's Central Park is not only just a green oasis in the center of the city but also a veritable gold mine as well.
For an excellent overview of some of the legal issues involved in the taking over of troubled properties see the article "Beyond the Workout."
Looking for cheap eats in Midtown? The website Midtownlunch is a perfect resource for finding excellent street food and cheap restaurants in midtown.
Interesting fact: the average retail space per capita in the United States is 20 ft.” per person. In the outer boroughs, it is a paltry 6 ft.” per person. Less than one third the national average. Why? The barriers to entry in New York are exceptionally high, which discourages retail development.
Thursday, June 11, 2009
Sierra in the news
Our friends at The Mann Report have my article on the budget crisis now affecting NYC and some ideas for addressing it. Read it here.
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