Year in Real Estate

East Coast Begins To Clean Up And Assess Damage From Hurricane Sandy

Above and Beyond Hurricane Sandy

FEMA spokesperson William Rukeyser described the ad-hoc, jumbled feel of the company’s impromptu space in the Forest Hills Tower like a scene from a hard-hit neighborhood, with hanging wires, antennas strapped to the ceiling, Post-It notes and sheets of paper with various instructions scattered about, and impromptu folding tables holding printers and other office equipment. Most seemed at a loss for words when assessing damages.

“It’s—It’s—It’s just a mess,” Durst Organization spokesperson Jordan Barowitz told The Commercial Observer less than a week after the storm hit, struggling to describe the destruction in Lower Manhattan. Read More

Lease Beat

Courtesy of Massey Knakal

Staten Island Welcomes Harbor Freight Tools

Harbor Freight Tools has inked a deal for a location in Staten Island.

The nationwide tool and equipment retailer is set to open a new store within proximity to Home Depot and Lowe’s on 2295 Forest Avenue.

“Harbor Freight targets a similar customer base, [so] this was one of the big factors in their decision Read More

Green Apple

ABCs and Net-Zeros: City’s First No-Energy School

Over the past decade, no one has built more “green” buildings than the city’s School Construction Authority. Even before Local Law 86 required all civic buildings to be built to sustainability standards, the department had been using such measures–light sensors, efficient heating and cooling systems, recycled materials, etc.–to build healthier instiutions that also save money Read More