The Year in Review

Commercial Real Estate In Memorium: 2012

A sketch of David Winoker.

New York real estate is some of the most desirable and expensive in the world, but the ever-fluctuating price of a square foot of space in a given neighborhood is unquestionably dwarfed by the value of human life. This year, the commercial real estate world lost several notable figures and The Commercial Observer would like to take a moment to remember them. Read More

SKYSCRAPERS

Stringer Likes Vornado’s Hotel Penn Tower

Steve Roth’s plan for what would be the city’s third tallest tower, across from Penn Station on the site of the current Hotel Pennsylvania, just got a boost, as Borough President Scott Stringer on Wednesday gave his conditional approval for the proposal.

The planned 1,200-foot skyscraper—which is theoretical in that it would not likely be Read More