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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 Rates Below 4%Open in a New Window

Mortgage rates this week fell to their lowest level since June 2013, mortgage-finance company Freddie Mac said Thursday, as the jitters being felt in the stock and bond markets ripple throughout the economy.

 

Many on Renwick Street Embrace DevelopmentOpen in a New Window

Renwick Street, one of a few, largely hidden one-block streets in Manhattan, is coming out from the shadows with a burst of new development construction.

 

For Real-Estate Investors, It's Out With the OldOpen in a New Window

As foreign investors and pension funds push up prices for top-quality, low-vacancy office buildings, Boston Properties, one of the nation’s largest owners of existing office space is shifting gears.

 

Stamford Tower Feels Office Market DragOpen in a New Window

The weak Stamford, Conn., office leasing market is creating a headache for 400 Atlantic St., an office tower operated by Landis Group.

 

Extell in Talks to Buy Midtown Church PropertyOpen in a New Window

The developer of the One57 condominium project that soars 90 stories over Central Park is negotiating to buy property controlled by a Midtown church.

 

New Entry in Meatpacking DistrictOpen in a New Window

A Meatpacking District building that has been home to stables, a restaurant and more is being redeveloped as a Restoration Hardware store, according to people familiar with the deal.

 

Plots & Ploys: SEC Approves New Rules for Nontraded REITsOpen in a New Window

The SEC approved rule changes for nontraded real-estate investment trusts and other alternative investments that will require more disclosure and more-frequent valuations from the trusts.

 

Agile Property Shares PlungeOpen in a New Window

Shares of Chinese real-estate developer Agile Property fell to a five-year low after the company said Chinese prosecutors have its chairman in custody.

 

What's the Deal: News DigestOpen in a New Window

A roundup of commercial property news from across the tri-state region.

 

Nearly Like Father, Like Son at CBREOpen in a New Window

Peter Turchin followed his father into the real-estate brokerage business at CBRE Group, but his father, Martin, didn’t like the idea of him following too closely in his footsteps.

 

Calpers Reboots Its Real-Estate AmbitionsOpen in a New Window

The country’s biggest pension fund plans to increase its $26 billion of commercial real-estate investments by 27%. The boost would leave Calpers with its largest property holdings since before the financial crisis.

 

Chinese Home Buyers Can Borrow Down PaymentsOpen in a New Window

Ping An Insurance, one of China’s biggest financial firms, is offering to lend money to home buyers for down payments, part of a trend that could help the housing market but has prompted worry about risks to the financial system.

 

Building Removes Sex From Its Sales AppealOpen in a New Window

Marketing shifts for the residential building at 15 William St. as the downtown area becomes more family friendly.

 

Amazon Sets New Store on Busy Midtown BlockOpen in a New Window

For its first physical store, Amazon has picked a bustling Manhattan block awash in the constant flow of office workers, shoppers and tourists headed to the Empire State Building across the street.

 

Agile Property Says Prosecutors Have Chairman in CustodyOpen in a New Window

Chinese real-estate developer Agile Property Holdings said Chinese prosecutors have its chairman in custody, dealing another blow to the struggling firm.

 

Chic New Hotels, Cafes Liven Up Ludlow Street AreaOpen in a New Window

Change is coming to Ludlow Street on the Lower East Side. New restaurants, hotels and retail stores are opening, replacing longtime bars and cafes that had been mainstays of the neighborhood.

 

Brandeis to Sell Its Vanderbilt MansionOpen in a New Window

Brandeis—the Waltham, Mass., university—has been using a 1896 New York City house as an alumni center, and now it is marketing it for $33 million.

 

Office Buildings Go Up on Mere SpeculationOpen in a New Window

Office projects are going up in London and elsewhere in Europe without the usual prerequisite of confirmed tenants, as investors embrace higher risk.

 

Hotel Operator Gears Up for ExpansionOpen in a New Window

Highgate Hotels has sold a minority stake to private-equity firm Trilantic Capital Partners, setting the stage for further expansion by the hotel-management company.

 

Judge Approves Revel Casino SaleOpen in a New Window

A judge approved the sale of Atlantic City’s Revel Casino to Brookfield Capital Partners for $110 million, overruling the objection of Florida real-estate developer Glenn Straub, who said he didn’t get a fair chance.

 

Plots & Ploys: News DigestOpen in a New Window

Several potential buyers have expressed interest in acquiring New York REIT, a $1.75 billion real-estate investment trust, and more.

 

Rental Rates Tick Up; Vacancy FlatOpen in a New Window

Rental rates at malls and strip shopping centers ticked up slightly in the third quarter, but vacancy rates remained flat.

 

China's Bahamas Project Hits HurdlesOpen in a New Window

China's largest overseas commercial real-estate project has been overshadowed by delays and labor clashes, dulling the buzz surrounding the Bahamian venture and threatening to undermine future business.

 

Hilton Readies a Boutique RebootOpen in a New Window

After a false start that set back its plans at least two years, Hilton Worldwide Holdings is launching a boutique-hotel chain that aims for a wider audience and lower room rates than some direct competitors.

 

Ruling Clears a Path for NYU ExpansionOpen in a New Window

New York University has scored a court victory that could allow it to move forward with its plans to build about 2 million square feet of new facilities in Greenwich Village.

 

High Court Considers Rent-Regulated LeasesOpen in a New Window

The state’s highest court weighed in Tuesday on a dispute over a plan by a bankruptcy trustee to sell the rent-stabilized apartment of an 80-year-old East Village woman to her landlord.
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