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Blog Profile / Developments - WSJ.com


URL :http://blogs.wsj.com/developments/?mod=WSJBlog
Filed Under:Business & Finance / Real Estate
Posts on Regator:2997
Posts / Week:9.8
Archived Since:December 12, 2008

Blog Post Archive

Saks Deal Is A Sign of New Luxury Era in Downtown Manhattan

Luxury retail is beginning to boom in Downtown Manhattan. The announcement Wednesday that a Saks Fifth Avenue department store will open in Brookfield Place is the latest sign that shopping in the city’s financial district is going upscale. Show More Summary

Tensions Ease in Nashville Between Zillow and Home Listing Service

Zillow Inc. and an association of brokers in the Nashville, Tennessee area have tentatively resolved their dustup over online home sale listings in the region. The tension in Nashville boiled over earlier this month when the regional...Show More Summary

Price Tag on TPG-Cassidy Turley Deal Said to Be $500 Million to $600 Million

There was no price tag in Monday’s announcement by commercial real estate services firm Cassidy Turley that it had agreed to be purchased by a group including private equity giant TPG. But people familiar with the deal say it valued the Washington, D.C.-based firm at between $500 million to $600 million including under $75 million in debt. Show More Summary

Scourge of FEMA Trailers Wins MacArthur ‘Genius’ Grant

John Henneberger, a housing advocate from Austin, Texas, could be thought of as the FEMA trailer slayer. And for his efforts, he was named Wednesday a recipient of the prestigious MacArthur Fellowship

World Trade Center Lures New Tenant

Developer Larry Silverstein announced Thursday that financial research firm Morningstar Inc. has signed a lease for 30,000 square feet at 4 World Trade Center, the austere, glassy 2.3 million square foot office tower on the southeast corner of the site.

Avison Young Acquires Kwartler

Avison Young, the fast growing Canadian commercial real estate services company, has made another acquisition in the New York City region: Kwartler Associates, a New Jersey-based property management firm.

Amid Sluggish Office Market, Landlord Bets Midtown Will Regain Its Stride

Amid sluggish leasing in Midtown, SL Green Realty is making a bet that the neighborhood is on the rise.

Reader’s Choice: The Best Food Cities

In this week's Mansion cover story, we looked at how food enthusiasts look to move to cities and neighborhoods with a colorful food scene. We asked reader's to name their favorite food cities and explain why. Here's what they said.....

Developers Ponder Hotel in Defunct TWA Terminal After Balazs’ Exit

Nearly a year after hotelier Andre Balazs dropped plans to transform the landmark TWA terminal at Kennedy Airport into a boutique hotel, a new batch of candidates are pondering a bid.

Cleaning up Lehman: Failed Bank Selling More California Land

Lehman Brothers is listing for sale the Pacifica San Juan project in San Juan Capistrano, Calif., a 318-lot subdivision that is one of the last large undeveloped tracts in Orange County.

Stein Mart Expanding As Thrifty Retailers Thrive

Stein Mart Inc., a bargain-priced fashion, accessories and home décor retailer, announced its biggest expansion in nearly a decade.

Vornado Chief Plans ‘Seven-Star Hotel’ By Central Park

Vornado chief executive Steven Roth said Tuesday the site of the now-closed Rizzoli Bookstore is “going to be a seven-star hotel.”

Uber Strikes Deal to Build New Headquarters in Large Expansion

Uber’s appetite for rapid growth is extending to real estate with a deal to build a new headquarters in San Francisco

Report Finds Non-Traded REITs Trail Publicly Listed Peers

A report found that the average annualized returns for a nontraded REIT were 10.9% for the 34 companies examined, compared to 14.5% for listed REITs

Toll Brothers Sees Lofty Prices Turning Off Buyers

Toll Brothers Inc.'s shortfall in new orders for its fiscal third quarter underscores a challenge now facing the U.S. home-building industry: Aggressive price increases in the past two years have hobbled demand at a time when builders...Show More Summary

Hobby Lobby Planning Mega-Sized Warehouse in Oklahoma

Hobby Lobby Stores Inc. is building a 1.9-million-square-foot, $88 million warehouse that rivals in size the biggest in the U.S..

Google Eyes Giant Offices in Historic Los Angeles Airplane Hangar

A massive former airplane hangar just north of Los Angeles International Airport was home to construction of the world’s largest airplane in the 1940s. Soon it could launch a new life: corporate offices of Google Inc.

In Florida, Return of the Condo-Hotel?

A luxury hotel operator is trying to revive a failed condo-hotel project in Fort Lauderdale, Fla., hoping that a formula that faded during the economic downturn can make a comeback.

Homes Built for Rent Claim Smaller Share

Recent Commerce Department data show that construction of single-family homes for rental purposes is shrinking toward its long-term average market share, but that doesn’t include the entire picture.

Building a Megaproject: A Tour of Related’s Hudson Yards Development

After years of planning, the Related Cos.’ giant Hudson Yards project, where more than $20 billion in development is planned on Manhattan’s far West Side, is getting well underway.

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