News: Brokerage

Hearst Corp. to begin 70,000 s/f printing facility expansion for Albany Times Union - $60m project

According to George Irish, president of Hearst Newspapers and Mark Aldam, publisher and CEO of the Times Union Hearst Corporation, a capital project will be launched to expand the Albany Times Union's existing headquarters by 70,000 s/f to accommodate a new printing and packaging facility. The $60 million project should be complete by the end of 2011. "For more than 150 years, the Times Union has serviced capital region readers with the finest and most trusted source for news and information," Irish said. "And, by the end of 2011, we will continue that mission with full color available on every page, greatly enhancing the vibrancy of the newspaper, in addition to achieving greater flexibility in product design and format. While much of the newspaper industry is contracting, this announcement reaffirms Hearst's and the Times Union's commitment to a printed newspaper."
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent