Commercial
Taking a Look at Prisons Shaped like iPhones and Clocks (PHOTOS)
Brookfield Properties to Acquire MPG Office Trust for $180 Million
Zaha Hadid Named Businesswoman of the Year by Veuve Clicquot
EDITOR'S PICKS
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Top 1,000 Brokerages Reveal Which Real Estate Firms Are Surviving — And Growing — In The Current Recessionary Market
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Shohei Ohtani And His Agent Settle Hawaii Lawsuit Over Alleged Sabotage Of $240 Million Real Estate Project
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James Corden Locked In Bitter Fight With London Council Over Paving Changes At His $22 Million Heritage Home
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Mortgage Rates Jump Back Above 6% After Iran Strikes Push Oil Prices And Treasury Yields Higher
Online real estate website, Zillow has revealed that it will take its quarter earnings call questions via social networking sites, Facebook and Twitter. This move makes the company the first public firm to ever take up earnings call questions on social media. Update: Vornado Realty Trust Sells Stake in Boston Site to Millennium Partners
Vornado Realty Trust, a popular commercial real estate manager and REIT based in the U.S. has sold its stake in a site in Downtown Crossing, a small shopping district of Boston to Millennium Partners, another prominent commercial property firm. New York’s Rockaway Courthouse to be Converted into Medical Facility
New York’s long abandoned Rockaway Courthouse will reportedly be restored and converted into a medical facility. The New York City Economic Development Corporation and Mayor Michael Bloomberg announced in a press statement that they had selected a developer, The Harmony Group to undertake the redesigning project. Vornado Realty Trust To Sell Harlem Park Office Tower Site for $62 Million
Vornado Realty Trust, a popular commercial real estate manager in the U.S. has entered into contract to sell a parcel of land at Harlem Park and hopes the site to fetch $62 million. The buyer is yet to be identified. Update: Texas Fertilizer Explosion May Hold Back Expansions Worth $22 Billion
The deadly fertilizer plant explosion in Texas may hold back expansions and business worth $22 billion in the region, a report according to Bloomberg says. Apparently, many large industry players are planning expansions in the North American region. But the blast has raised apprehensions among regulators and communities to grant permission for setting up plants or factories. Grimshaw Architects Submits Designs for the Aspire Tower in Sydney (PHOTOS)
Grimshaw Architects, a London based architecture firm has just submitted its designs for a 90-story mixed use skyscraper, the Aspire Tower, which will be built in the suburb of Sydney, Australia. New FBI Headquarters Search Kicks Off Regional Competition
The Federal Bureau of Investigation’s (FBI) announcement of moving its headquarters to a new location has spurred fierce regional competition among various communities and congressmen who are constantly trying to lure the agency into setting up base in their areas. Visiting the Green Buildings on World Earth Day (PHOTOS)
We all know that Mother Earth is ill. But we all are taking small efforts to save her from further deterioration. Similarly, architects all around the world had come up with the concept of “Green Buildings” to do their bit. While companies are moving towards more sustainable projects, we have compiled a list of some of the greenest buildings from all around the world. Check out the slideshow: Taking a Look at the Nearly Completed Brand New Shenzhen Stock Exchange (PHOTOS)
The brand new stock exchange building in Shenzhen, China is almost nearing completion. Conceived and developed by Rem Koolhaas’ Office for Metropolitan Architecture (OMA), the building will be the second largest structure in China. The building is slated to open in May 2013. Germany’s Rental Regulation Reforms to Come into Effect by May
All Major cities in Germany are gearing up to take advantage of the new rental rules that were sketched out and finalized in December 2012. It was then decided that the new rules would be applicable by April 2013. However, the rules will only come into effect by May.
