Articles Archive for 21 December 2011
Deals & Dealmakers, Featured, Headline »
Cushman & Wakefield’s Metropolitan Area Capital Markets Group (CMG) has orchestrated the sale of 10 Exchange Place.
The 748,005 s/f building is a 30-story trophy office tower and a skyline landmark on Jersey City’s Hudson River waterfront.
Andrew J. Merin, David W. Bernhaut, Gary Gabriel, Brian J. Whitmer and Kyle B. Schmidt represented the seller, a client of INVESCO, in the transaction.
The buyer was Manulife Real Estate, the global real estate arm of Canada-based Manulife Financial Corporation.
Deals & Dealmakers, Featured »
As experts continued their investigation into the cause of a freak elevator accident that killed a Madison Avenue office worker last week, the city’s Buildings Department was reassuring a nervous workforce of its safety
According to DOB spokesman Anthony Sclafani, fatal elevator accidents are rare in New York — 2008 was the last time anyone was killed — and engineers and city officials continually work to improve elevator safety.
Last Wednesday morning, engineers from Transel Elevator Inc, a Manhattan-based elevator maintenance company, were performing electrical work on elevators at 285 Madison when advertising executive Suzanne Hart was killed after stepping into the elevator from the building’s lobby.