Articles Archive for 23 June 2011
Construction & Design »
By Roland Li
In January 2010, Costas Kondylis dissolved his eponymous architecture firm, one of the most prolific in the city. But for three of the firm’s senior partners, Alan Goldstein, L. Stephen Hill and David West, the move has created new opportunities.
Shortly after the break, they formed Goldstein Hill & West Architects, LLP, joined by around 20 of their former colleagues.
At first, the new firm’s main focus was completing existing projects, including Larry Silverstein’s Silver Towers, Extell Development Co.’s Rushmore and Aldyn, and the Continental, developed by Atlantic Realty Development.
Brokers Weekly, Construction & Design, Featured »
Carter Horsley, veteran city desk reporter and real estate raconteur, debuts his official “Top Ten” with an expert take on the best terraces in Manhattan upon the official start of summer. Horsley combines his architectural acumen, signature wit and sophisticated rating system to deliver a view of the best that New York buildings have to offer. The first “Carter Horsley Top Ten” list unveils the city’s most desirable terraces and their defining characteristics.
Deals & Dealmakers, Featured »
The average compensation for CEOs of top real estate investment trusts increased by 83.6% in 2010, outpacing the sector’s total shareholder return of 28.9%, according to a report by SNL. The top 20 CEOs earned $192.3 million, or an average of $9.6 million. Marc Holiday of SL Green, Manhattan’s largest office landlord, reportedly earned $24.8 million, an increase of 117.6% compared to the previous year, according to SNL. SL Green’s shareholder returns were 35.3%.