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PLTA is proud to offer The Wall Street Journal Commercial Real Estate News Feed for visitors

The Wall Street Journal is one of the world's most trusted publishers of accurate financial news and business information in all media formats, including newspapers, newswires, databases and websites,  radio, TV/video and other multimedia programming. Dow Jones enriches the lives of millions worldwide as well as informs the decisions of corporate executives and professionals.



Mortgage Lending FallsOpen in a New Window

New figures released by the Federal Reserve Bank of New York show mortgage lending is running at its lowest level in 13 years, with 2014 on pace to be the weakest for new loans since 2000.


Rebirth for Harlem Renaissance SiteOpen in a New Window

A plan to tear down the Renaissance Casino and Ballroom and turn it into a luxury apartment building could help complete the transformation of a pocket of northern Harlem that has lagged behind the rapid redevelopment of the surrounding area.


Deal to Buy Revel Casino at RiskOpen in a New Window

Built at a cost of $2.4 billion, Revel made its boardwalk debut in 2012, but failed to turn a profit, filing its second Chapter 11 case in June.


Simon Property Seeks to Boost Stake in MacerichOpen in a New Window

Simon Property Group may seek to boost its stake in mall rival Macerich Co., a move that analysts said could trigger a takeover attempt.


Creating a Niche Beyond a Real Estate EmpireOpen in a New Window

Stephen L. Green is a household name in the real estate industry; less well-known is his son Gary Green, who runs a company that keeps a big chunk of his father’s buildings as well as other prime New York properties clean and secure.


Baldwin: Suburbia, Diversity Not Far From CityOpen in a New Window

The Long Island hamlet of Baldwin is a popular destination for home buyers seeking a suburban lifestyle with city amenities and conveniences.


Caesars Proposes a REIT PlanOpen in a New Window

Caesars Entertainment has approached senior creditors about a plan to convert the casino company’s largest unit into a real-estate investment trust as it works to restructure $18.4 billion in debt.


Developer Offers to Shorten Tower Near South Street SeaportOpen in a New Window

Officials said they remained dissatisfied with an offer by Howard Hughes Corp to trim the height of its proposed tower just south of the Brooklyn Bridge.


Paramount Prices Biggest U.S. REIT IPOOpen in a New Window

Office-building landlord Paramount Group Inc. raised $2.29 billion in its initial public offering Tuesday, becoming the largest-ever IPO by a U.S. real-estate investment trust and helping breathe life into an anemic year for new property stocks.


Home Builders Hold Off on IPOsOpen in a New Window

Home builders are shelving plans for initial stock offerings after a flurry of deals earlier this year, as the housing market slows and share prices in the sector slump.


Plaza Hotel Sale Draws Crowd, but Deal Is ElusiveOpen in a New Window

A blue-chip roster of real-estate investors, financial firms, and even a Grammy-winning rap artist are angling to buy New York’s landmark Plaza Hotel, but the owner, India’s Sahara Group, has been playing hard to get.


Single-Building IPO Is in WorksOpen in a New Window

A New York startup, ETRE Financial, plans to take individual buildings public.


Plots & Ploys: Banking On ItOpen in a New Window

SL Green Realty’s plans for a skyscraper by Grand Central Terminal advances...CompStak raises $4.4 million from about a dozen investors...Mack-Cali Realty’s Roseland division gains traction in its East Boston project.


Fund Manager Litt Targets Associated Estates for Management ShakeupOpen in a New Window

Fund manager Jonathan Litt is launching an activist campaign to replace the board of directors of Associated Estates Realty, a real-estate investment trust based in Ohio that specializes in multifamily apartment buildings.


Blackstone to Sell Manhattan Skyscraper for About $2.25 BillionOpen in a New Window

Blackstone Group has reached a deal to sell a Midtown Manhattan office tower for about $2.25 billion to a venture led by Canadian property investor Ivanhoe Cambridge.


City Pours More Money Into Brooklyn Navy Yard UpgradeOpen in a New Window

The renovation of Building 77, which sprawls across 1 million square feet, expands an effort begun under Mayor Bill de Blasio’s predecessor, Michael Bloomberg.


Dan Gilbert Agrees to Buy Detroit's Compuware BuildingOpen in a New Window

Billionaire Dan Gilbert’s real-estate operation said it would buy one of downtown Detroit’s best known office buildings for an undisclosed price.


Flushing Is Up Next for City Housing FocusOpen in a New Window

Flushing, Queens will be the next neighborhood the city will rezone to allow for new development and create affordable apartments.


Outdoor Stages Planned for New Hudson River ParkOpen in a New Window

Three new potential stages are planned for Pier55, the $130 million, 2.7-acre park to be built on the Hudson River just off West 14th Street. But the arts presented there will be largely determined by design.


Landlords Cash In as LED Billboards Go BigOpen in a New Window

As Vornado Realty Trust prepares to throw the switch Tuesday on its mountainous electronic sign in the heart of Times Square, other landlords just outside the high-profile intersection also are betting on the digital-sign business.


Candlestick Park to Make Way for MallOpen in a New Window

National home-builder Lennar Corp. has joined with mall-owner Macerich Corp. in planning to develop a luxury-outlet mall as the anchor of a redevelopment of San Francisco’s Candlestick Point.


River Park Gets $100 Million LaunchOpen in a New Window

Barry Diller, Diane von Furstenberg and the Hudson River Park Trust are expected to announce Monday the creation of a $130 million, 2.7-acre pier, public park and performance space near New York’s Meatpacking District.


Vacancy Is Opportunity at 4 Times SquareOpen in a New Window

The possible near-emptying of 4 Times Square, with the departure of one anchor office tenant and the likely exit of another, offers a challenge and opportunity for the Durst Organization.


The Fit Find Sanctuary at the LimelightOpen in a New Window

David Barton Gym has opened a branch in a former Episcopal church that once housed the Limelight nightclub, creating a workout space that evokes a spiritual place and a hot spot from the heyday in one.


Foreclosure Backlog Slows Recovery in Some StatesOpen in a New Window

The U.S. foreclosure crisis has largely wound down, but some states—including Florida, New Jersey and New York—still face a giant backlog of delinquent properties that could bog down local housing markets for years to come.


Report Sees Cloudy Future for Atlantic CityOpen in a New Window

A commission appointed by New Jersey Gov. Chris Christie proposes tearing down empty casinos, reallocating at least part of the city’s marketing budget and installing an emergency financial manager.


Indictment Outlines Alleged Bank-Loan FraudOpen in a New Window

Federal prosecutors accused 15 people Thursday of reaping millions from fraudulent bank loans while also accepting hundreds of thousands of dollars in public assistance.


Hotels Think SmallOpen in a New Window

Brands like Yotel, Pod Hotel and CitizenM are looking to use their microhotel playbook for Manhattan to expand in other parts of the U.S., too.


The Accidental Real-Estate TycoonOpen in a New Window

Paul Allen didn’t set out to be a land baron, but he became one after turning a grim stretch of Seattle that fell into his lap into a thriving neighborhood.


TPG Places Bet on Real-Estate ServicesOpen in a New Window

As private-equity firms seek to profit from rising commercial-property prices, TPG is taking the wager a step further by snapping up brokers.


Fosun Looks to Expand in Overseas Real EstateOpen in a New Window

The conglomerate’s efforts have caused some foreign competitors to bridle at the high prices Chinese buyers have been paying for commercial property, homes and other assets.


Plots & Ploys: REITs Get Some RespectOpen in a New Window

S&P Dow Jones Indices is creating a new real-estate category that will include 22 real-estate companies.


REIT Focused on Cell Towers Draws New Round of InvestmentOpen in a New Window

A group of investors including Goldman Sachs Group Inc. has agreed to put $470 million into a real-estate investment trust that is buying and building cellphone towers.


Old Issues Slow City's Affordable-Housing InitiativesOpen in a New Window

New York City Mayor Bill de Blasio’s approach to affordable housing and his effort to smooth approvals for developers have both run into trouble.


Investor Group Gets Behind Big San Francisco DevelopmentOpen in a New Window

A group of New York investors has bought the majority interest in San Francisco’s Parkmerced from private-equity firms Fortress Investment Group and Rockpoint Group in a deal that values the sprawling housing development at more than $1.35 billion.


New York Office Towers Pop Up Despite Sluggish MarketOpen in a New Window

Developers are planning new Manhattan office buildings at the fastest rate in two decades despite sluggish demand for space, a gamble that tenants will favor gleaming new skyscrapers.


CMBS Make a Comeback in EuropeOpen in a New Window

The rebound in the U.S. commercial mortgage-backed securities market appears to be spreading across the pond.
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