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The continued leasing success of Eleven Times Square has become a game-changer for Midtown’s office property migration toward the West Side, along with the accelerated development of the Hudson Yards, says CBRE chairman of global brokerage Steve Siegel, who will be speaking at Bisnow’sThe Evolution of Times Square and the West Side” event March 2.
CBRE chairman of global brokerage Steve Siegel
Steve not only does deals in in the market, but plays there, as seen during his stand-up routine at Caroline’s in late ‘09. A key trend: the jump in residential renting and buying in the area. The growth of quality, high-rise housing from Eighth Avenue westward to the Hudson River, from the Meatpacking/High Line District to the 60s, is bringing the critical mass of talented young workers necessary to fuel businesses seeking great office product in the area. This influx is also attracting many new amenities, like the Baryshnikov Arts Center and the planned Whitney Museum. Learn more about the future of Manhattan’s newest live-work neighborhood with Robert K. Futterman & Associates chairman Robert Futterman, SJP Properties chairman Steve Pozycki, Proskauer partner Ron Sernau, Africa-Israel USA general counsel Laurie Golub, Related Hudson Yards president Jay Cross, and Silverstein Properties CEO Larry Silverstein. Plenty of schmooze time, too! Sign up here.