Owners & Developers

Go Vertical!

37th street high rise

One of the big news items this week has been the announcement of┬ávoracious real estate buyer Blackstone Group‘s deal to acquire the famous and former world-record-holding Willis Tower in Chicago. The Wall Street Journal first reported the sale at a…

Define “Affordable”

astoria development

Three years ago, the Occupy Wall Street movement was bracing for the onset of winter in large and small communities throughout the U.S. While the movement became a national (and even international) phenomenon for several months, its point of origin…

Atlantic Yards: An Exit Strategy

barclay s center brooklyn

Let’s go to Brooklyn, home of the Llenrock Blog’s #3 Most Ambitious Real Estate Development Project: the under-construction Prospect Heights mixed-use complex known as Atlantic Yards (according to Wikipedia, it was rebranded a couple months ago as Pacific Park).┬áThe commercial…

The State of Construction in 2014

construction worker

Cassidy Turley has been publishing some great white papers lately, giving me lots of excellent content to plunder for our blog! Ha ha ha ha ha! But seriously, they publish some really interesting articles on commercial real estate fundamentals and…

New Era for Commercial Development

lego city

The financial downturn affected commercial real estate and related industries in a profound way, but in addition to all the financial hardship, it also ushered in a new era and new real estate cycle. Certain asset classes are less valuable…

Las Vegas: Building Arenas…On Spec

under construction arena

Let me direct you to an article, published last summer on Entrepreneur.com, entitled “Why the Motto ‘If You Build It, They Will Come’ is BS.“ I don’t intend on discussing this article. Really, its title tells us everything we need…