Friday, April 15, 2011

Commercial

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The bustling Main Street subway stop in Flushing, Queens.
Eric Michael Johnson for The New York Times

The bustling Main Street subway stop in Flushing, Queens.

Several major developments in Flushing, Queens, promise to refashion the landscape of the downtown and waterfront.

Square Feet

A New South City Looks to a Future Not Built on Banking

Charlotte, N.C., badly hurt in the financial crisis by troubles in the banking industry, is luring companies from energy, the military and other sectors.

Real Estate Funds Defy Housing’s Gravity

Although home sales continue to slump, real estate funds, which invest in commercial property and multifamily housing, have been on a roll.

Other Retailers Find Ex-Blockbuster Stores Just Right

Retailers are finding former Blockbuster stores attractive because they are usually located in profitable high-traffic shopping areas.

Square Feet

A Corporate Campus Made to Mirror Facebook

In renovating its new headquarters in Menlo Park, Calif., Facebook is going for collaborative, inclusive and just a little bit gritty.

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Rebuilding Downtown From the Ground Up

Quincy, Mass., plans to raze its downtown area and completely rebuild it. The project will be initially financed by a private developer and later by a city bond sale.

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Glimmer of Better Days for Manhattan Offices

With the economy improving, Manhattan landlords are exerting more control of the commercial real estate market.

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Chinatown Mobilizes to Enhance Its Outside Appeal

A new business improvement district financed by local building owners will supply resources for public safety, new signage and marketing.

The Appraisal

To Fight Discrimination, a Long List of No-Nos

To comply with the Fair Housing Act, brokers have lists of phrases to avoid, including “no Appalachians.”

Square Feet | The 30-Minute Interview

Douglas C. Yearley Jr.

Mr. Yearley is the new chief executive of Toll Brothers Inc., one of the country’s largest builders of luxury homes, with developments in 19 states.

Square Feet

Despite Vacancies, Office Developers Bet on Miami

Two new office buildings are up and a third is on its way despite a high vacancy rate and a 12 percent unemployment rate.

Square Feet

Idle Land Finds a Purpose as Farms for Solar Power

Residents and businesses are finding that property shunned by developers have become good spots to install solar panels to power nearby buildings.

Harlem Is Losing a Piece of Clinton

The William J. Clinton Foundation is moving some of its offices to Lower Manhattan, but Bill Clinton’s office as a former president will remain in Harlem.

Prefabricated Tower May Rise at Brooklyn’s Atlantic Yards

The 34-story building, with roughly 400 apartments, would comprise more than 900 modules that would be hauled to Atlantic Yards, lifted into place by crane and bolted together.

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The 30-Minute Interview
Square Feet | The 30-Minute Interview

Michael E. Shields

Mr. Shields is the managing director of ING Real Estate Finance (U.S.A.), which has a $6.7 billion portfolio of term loans, construction loans and subordinate debt.

Square Feet | The 30-Minute Interview

Mitchell C. Hochberg

Mr. Hochberg, is the managing principal of Madden Real Estate Ventures, a real estate firm specializing in hospitality and residential projects.

Square Feet |The 30-Minute Interview

Glenn J. Rufrano

Mr. Rufrano, 61, is the new chief executive and president of Cushman and Wakefield, a global real estate services firm.

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