Tishman Speyer Releases Global Sustainability Report

Earlier this month, Tishman Speyer released its third Global Sustainability report.

Tishman Speyer was awarded a 2015 ENERGY STAR partner of the year award, which honors companies that demonstrate the best energy saving practices across the industry. In addition, Tishman Speyer hit a number of company landmarks in 2015, including: First LEED Gold for Existing Building in NY (357 Hudson St.), first building to achieve LEED Gold in South America (Rochavera Corporate Towers, Brazil), and first tower to achieve LEED Platinum in Frankfurt (Taunusturm, Germany).

“At Tishman Speyer, we believe that sustainability in the built environment is increasingly critical to our future,” said CEO Rob Speyer in the report. “The result of this belief has been our commitment to delivering beautiful, healthy and efficient buildings since our inception.” Numerous Tishman Speyer buildings have made a positive impact on the environment, improving efficiency and meeting the unique challenges of the urban landscape.

“Whether constructing new buildings or redeveloping existing ones, we strive to do so in a way that minimizes impact on the environment at every stage of the building life cycle, while maximizing sustainable value,” said Speyer.

Tishman Speyer Impact:

  • 52 million square feet certified portfolio under LEED, BREEAM, or HQE
  • Energy consumption between 2012 and 2013 was reduced by an average of 2.5%
  • All seven eligible funds received a green start under GRESB in 2014

Read more at: TishmanSpeyer.com

 

 

 

 

 

 

Tishman Speyer’s Pier 4 Development

Tishman Speyer announced plans for a development project at Boston’s Pier 4 in August 2015. Located in the city’s Seaport District, Tishman Speyer will develop these lots, respectively, as a mixed-use, 13-story office building, and a nine-story, 100-unit luxury condominium. Each building will have ground floor retail space and restaurant space.

“Our goal at Pier 4 is to create the brightest jewel of the Boston waterfront,” said Tishman Speyer president and CEO Rob Speyer at the time of the announcement. “This will be a project entirely worthy of one of the world’s great cities.”

The lots will include two-level, below-grade parking facilities, a one-acre public park, and a half-acre public plaza. Completion of this project is scheduled for early 2018.

More information and new renderings of Pier 4’s design can be found at Tishman Speyer’s Pier 4 website.

Mayor’s Fund and Mayor’s Office of Veterans Affairs Announce Partnerships to End Veteran Homelessness

The Mayor’s Fund to Advance New York City and the Mayor’s Office of Veterans Affairs (MOVA) have announced two partnerships with the private sector aimed at ending veteran homelessness within New York City. Totaling $750,000 in funds raised, the partnerships include the Deutsche Bank Americas Foundation, and the Real Estate Board of New York (REBNY) and its members.

The Deutsche Bank Americas Foundation has awarded a $250,000 grant to MOVA, to support the City in meeting Functional Zero, the national standard for ending veteran homelessness and rapidly rehousing all new veterans that enter the shelter system. Funds will be used for direct services for veterans as well as towards helping NYC reach its goals in ending veteran homelessness.

Additionally, the Mayor’s Fund has raised $500,000 from private partners, including REBNY and its members, to provide financial assistance to veterans who successfully transitioned from shelters to permanent housing at the end of 2015.

“Every veteran should receive proper housing and the services they need to help them cope with their experiences in war,” said Mayor de Blasio. “I think the Deutsche Bank Americas Foundation, REBNY and our folks in the Mayor’s Fund and MOVA who are leading the way towards functional zero.”

According to the federal Department of Housing and Urban Development, the number of veterans staying in shelters or on the streets has decreased by 90% since 2011. In 2015, NYC placed more than 1,000 veterans in permanent housing across the five boroughs.

So far in 2016, the City has placed 437 veterans in permanent housing.

Tishman Speyer Purchases Second Development in Hudson Yards

Tishman Speyer this week announced its purchase of a second development in Midtown Manhattan’s Hudson Yards Development.

The existing development consists of 434-444 11th Avenue and 550 West 37th Street, with an option to purchase additional development rights. With these two adjacent properties, Tishman Speyer has the opportunity to develop a 1.3 million-square-foot building.

“New York City’s position as a global business center is as strong as ever, and Hudson Yards is rapidly emerging as one of its main engines for further economic growth,” said Tishman Speyer CEO Rob Speyer. “As evidenced by our commitment to develop more than four million square feet of premium commercial space in the area, we are convinced that Manhattan’s far west side is well on its way to becoming the world’s most modern, dynamic and sustainable urban neighborhood.”

The Hudson Yards district is bounded by West 42nd Street, 8th Avenue, West 30th Street, and Hudson River Park.

Read more at REW.

 

Tishman Speyer Unveils Plan For The Spiral

This week, Tishman Speyer announced plans for a 65-story building designed by Bjarke Ingels at the heart of Manhattan’s West Side. The Spiral will sit a block away from the north end of Manhattan’s High Line Park and will, according to Ingels, “[extend] the Highline into the skyline,” with spiral landscaped terraces wrapping around the exterior of the building. These terraces will provide an outdoor space for every floor in the building.

The Spiral will have 2.85 million square feet of space, all with unobstructed views and double-height amenity spaces connecting adjacent floors for dynamic, collaborative workflows.

“(The) tower will serve as a significant leap forward in the evolution of the modern, collaborative and sustainable workplace,” said Rob Speyer, President and CEO of Tishman Speyer.

The open plan allows for tailored tenant experiences, increasing the desirability and longevity of the building.

Located at 66 Hudson Boulevard, The Spiral is Tishman Speyer’s entrant into the 28-acre space at Hudson Yard. Three other skyscrapers are planned in the area as well, with hope of extending Midtown’s business district west as far as the Hudson River.

More information and design renderings of The Spiral can be found here.

Real Estate Board of New York’s 120th Annual Banquet

 

On January 21, the Real Estate Board of New York gathered at the New York Hilton to celebrate the city’s real estate industry at the 120th Annual Banquet at the New York Hilton.

“REBNY’s annual celebration is always the biggest night of the year for the real estate industry, and this year was certainly no exception. We were thrilled to be joined by more than 2,000 of our members, as well as top government and business leaders from across the City and State, in celebrating the best and brightest of New York’s real estate community,” said Rob Speyer, President and CEO of Tishman Speyer and REBNY Chairman.

This year’s celebration honored the late John Zuccotti, a former REBNY chairman, as well as the accomplishments of the Stacom Family – Matthew, Tara and Darcy – as the first family to receive the Bernard H. Mendik Lifetime Leadership in Real Estate Award. Other honorees for the evening were Daniel Brodsky, Jeffrey E. Levine, Bill Montana, Edward V. Piccinich, and Steven H. Marvin.

After the video presentation (see below), a discussion was sparked around the city’s need for developments of new commercial office, industrial manufacturing, and life science space for continued economic growth and job creation. The video highlights findings from a recent NYCEDC study that predicts the city will need up to 60 million additional square feet of office space to keep up with the demand of job growth.

To read more about the night’s honorees and to view photographs from the event, visit Real Estate Weekly.

 

Real Estate Board of New York to Honor Industry Leaders

At Thursday’s 120th annual REBNY banquet, the Stacom family will receive the Bernard H. Mendik Lifetime Leadership in Real Estate Award, marking the first time an entire family will be honored.

The late Matthew Stacom and his daughters, Tara and Dary, will receive the award for their contribution to the city’s real estate industry. “The Stacoms are true industry legends whose collective contributions are worthy of this unprecedented recognition by REBNY,” said REBNY chairman Rob Speyer.

Other honors will be given to five executives for their contributions to real estate. Those executives are: Daniel Brodsky, Jeffrey E. Levine, Bill Montana, Edward V. Piccinich, and Steven H. Marvin. “Their dedication to professional, philanthropic, and humanitarian service exemplifies what it means to invest in our City’s future and we thank them for their tremendous efforts,” said REBNY President John H. Banks III.

“We look forward to gathering with all of our colleagues at our 120th annual banquet to celebrate the achievements of the real estate community and toast the vibrant real estate market,” said Speyer.

The banquet will also honor John Zuccotti, the former REBNY chairman who passed away in November.

For more information on the banquet, visit Real Estate Weekly.

Tishman Speyer completes purchase of One Channel Center

Tishman Speyer has completed the purchase of One Channel Center in Boston for $316.5 million.

The 501,000-square-foot building is a newly constructed Class A office complex, designed as the workplace of the future for State Street Bank in Boston’s rapidly developing Seaport District. Constructed in 2014, the property was designed to cater to a mobile, flexible workforce with innovative infrastructure enhancements and highly efficient construction. Tishman Speyer owns two buildings on Pier 4, and is looking to expand in Boston.

“The Boston office market is currently very strong and we believe it will be strong over the long term,” said chief executive Rob Speyer. “This is a signature office building that is well-situated in what is a vibrant mixed-use neighborhood with a great future.”

One Channel Center features many amenities, including restaurants, hotels and high-end residencies. It includes a state-of-the-art fitness center, cafeteria, conference space, a 130-space bike rack and the Seaport’s newest and largest freestanding garage. The complex is anticipated to be LEED Silver certified. It is commuter-friendly; just a few steps from public transit and easily accessible to major highways.

Learn more at Tishmanspeyer.com.

Rob Speyer Helps to Light the Rockefeller Center Tree

Rob Speyer shared tree lighting duties with Mayor Bill de Blasio, Jerry Speyer and Jaimie Alexander on Wednesday, December 2, 2015. Photos from the event can be seen below and on Rob Speyer’s Facebook page.

Bill de Blasio, Jerry Speyer, Rob Speyer, Jaimie Alexander

New York City Mayor Bill de Blasio, left, Jerry Speyer, second left, Rob Speyer, second right, and actress Jaimie Alexander, right, light the 2015 Rockefeller Center Christmas Tree.

2015 Rockefeller Center Christmas Tree Lighting

The 83rd Annual Rockefeller Center Christmas Tree Lighting Ceremony.

2015 Rockefeller Center Christmas Tree Lighting

The 83rd Annual Rockefeller Center Christmas Tree Lighting Ceremony.

2015 Rockefeller Center Christmas Tree Lighting

The 83rd Annual Rockefeller Center Christmas Tree Lighting Ceremony.

2015 Rockefeller Center Christmas Tree Lighting

The 83rd Annual Rockefeller Center Christmas Tree Lighting Ceremony.

Photo credit:  Diane Bondareff/Invision for Tishman Speyer/AP Images

Rockefeller Center Kicks Off Holiday Season

The holiday season in New York City kicked off last night as the Rockefeller Center Christmas tree was lit during the 83rd annual Christmas in Rockefeller Center special. Illuminated with 45,000 LED lights, the 10-ton Norway Spruce from upstate New York was lit by Mayor Bill de Blasio, Jerry Speyer, Rob Speyer, and actress Jaimie Alexander, following performances by Andy Grammer, Sting, Michael Bublé and more.

The tree will be lit daily from 5:30 a.m. to 11:30 p.m. until January 7, except for Christmas, when it will be lit for 24 hours, and New Year’s Eve, when it will be lit until 9 p.m. The tree will be milled for lumber to be used by Habitat for Humanity after the holiday season.

Read more about the ceremony here.