Wired City

Verizon Expands 4G LTE Network Upstate

Watertown

New York-based communication giant Verizon Wireless is expanding its 4G LTE network. The company, which recently announced plans to expand its network across the country, will now include Watertown, N.Y.

This expansion is a part of Verizon’s plans to extend its network across upstate New York. Verizon, which already dominates the New York City metro area market, invested $65 million in 2013 to connect more customers to its updated network in the upstate New York market.

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Wired City

Verizon, Optimum Cable Ranks High Among East Coast Customers

optimum-logo

Verizon Wireless and Optimum Cablevision are making its broadband customers happier than most of their competitors, according to a recent study by J.D. Power and Associates.

The firm, which rates products and customer experiences across various industries, studied Internet customers and customers who upgraded their bandwidth. The 2013 U.S. Residential Internet Service Provider Satisfaction study also measured customer loyalty and overall satisfaction. J.D. Power measured overall customer satisfaction on a 1,000-point scale.

Verizon and Optimum grabbed the top two spots among Internet service providers in the Eastern region of the United States. Additionally, Verizon scored a 722 out of a possible 1,000 on its customer satisfaction index score, while Optimum scored 688.

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Wired City

Signal Boosters Help Wireless Customers Get Service in Old NYC Buildings

cellular-amplifier

Living in a prewar building can be an architectural dream and a technology nightmare. Busy New Yorkers who live in buildings 50 years and older may rush home to use wireless technology, but some are experiencing more dropped calls than connections.

While wireless carriers continue to work on technology issues in the city, some cell providers are offering signal boosters to those who can’t keep a signal in their home or office.

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Wired City

Verizon Wireless Service Coming to Subways

new-york-subway

When Wired City reported Sprint’s deal with Transit Wireless to wire subways, it was only a matter of time before Verizon Wireless, the last major carrier without a deal, would join the fray.

And now it has. In an Aug. 20 press release, Transit Wireless announced that it has finalized an agreement with Verizon Wireless to bring 3G and 4G LTE wireless voice and data service to Transit Wireless’ New York City subway system. Read More

Wired City

Sprint to Provide All 277 Subway Stations With Wireless Coverage

MTA

Sprint and Transit Wireless announced Wednesday that they have finalized a deal that will bring wireless voice and data service to all 277 underground New York City subways.

“As we build out our new network, adding the vast underground New York City subway system brings a whole new level of connectivity to our customers, whether they’re consumers, public safety representatives, first responders or city workers,” said Greg O’Connor, vice president of engineering at Sprint. Read More

Power Broker

The Grocer’s Daughter: Winick Realty’s Lori Shabtai on Manhattan’s Evolving Retail Landscape

Lori Shabtai (Credit: Sophie Mathewson)

What a difference five years makes. When Winick Realty Group Executive Vice President Lori Shabtai marketed a 13,000-square-foot retail space at 459 Broadway in 2008, she hinged part of the sell on the cachet of the intersection of Broadway and Grand Street.

“I called it the heart of Soho,” Ms. Shabtai, 52, said during an interview in her well-appointed (and well-heated) office. “I remember a broker calling me and saying, ‘That’s more like the colon of Soho.’”

That any doubts persisted so recently about the viability of that block attests to the dizzyingly fast rate of change in New York real estate. The interaction also attests to Ms. Shabtai’s prescience and her quick mastery of the steep learning curve in commercial real estate, a field she entered just eight years ago. Read More

Sales Beat

CIM Group Scoops 225 Fifth Avenue in the Flatiron District for $78 M.

(Credit: CIM Group)

Los Angeles-based real estate investment firm CIM Group has closed on its purchase of the retail portion of 225 Fifth Avenue in the Flatiron District for more than $78 million, city records show.

The retail property consists of two parcels totaling 40,079 square feet and is currently 100 percent leased to a number of long-term tenants including JP Morgan Chase, 24 Hour Fitness, Verizon Wireless, and United States Postal Service. Read More