|Filed Under:||Business & Finance / Real Estate|
|Posts on Regator:||3082|
|Posts / Week:||9.6|
|Archived Since:||December 12, 2008|
A prominent mutual-fund manager and his investors just had a very bad day. Bruce Berkowitz’s Fairholme Fund on Wednesday sank 9.6%, the day after a court delivered a major setback in his bid to garner profits from mortgage-finance companies Fannie Mae and Freddie Mac.
Los Angeles officials earlier this week announced an initiative to relax the city’s requirement that tall towers have helicopter landing pads. The result: architects can now design high-rises crowned by spiky spires—or other shapes—giving them license for a bit more design flair.
New York law firm Weil, Gotshal & Manges LLP has been a tenant at the iconic General Motors Building since it opened in 1968 at the southeast corner of Central Park. Now Weil, whose marquee bankruptcy practice also advised the automaker...Show More Summary
Starwood Hotels & Resorts Worldwide Inc. is temporarily relocating to the bustling metropolises of Mumbai and New Delhi during March.
Oxford-- in a partnership with the asset management arm of J.P. Morgan Chase & Co. – bought four office towers totaling 2.2 million square feet in the city from Blackstone Group LP, the company announced Friday.
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
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
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
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
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, 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 leasing in Midtown, SL Green Realty is making a bet that the neighborhood is on the rise.
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.....
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.
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 Inc., a bargain-priced fashion, accessories and home décor retailer, announced its biggest expansion in nearly a decade.
Vornado chief executive Steven Roth said Tuesday the site of the now-closed Rizzoli Bookstore is “going to be a seven-star hotel.”
Uber’s appetite for rapid growth is extending to real estate with a deal to build a new headquarters in San Francisco
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 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