The only thing we wouldn't do now is speculative building.

We feel a speculative building will meet with great success.

That building is also expected to be put up as a speculative building.

"And at that point we can start to expect some speculative building."

But so far, the $1.3 million speculative building has failed to land a tenant.

The shortage has also led to construction of at least one speculative building.

As a result, he said, the market should be able to absorb the next crop of speculative buildings.

There is no speculative building in the Times square area.

For three years in a row, there's been no new speculative building of offices.

"The real estate market today is much better off than it was then because there has been no speculative building," he said.