The PATH station at the World Trade Center was planned to be a jewel of the 16-acre development site, but cost overruns have made a scapegoat out of Spanish-born architect Santiago Calatrava.
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New York-based GTIS is now the largest hotel owner in Brazil, following a $400 million takeover of Brazil Hospitality Group. The U.S. investor plans to upgrade properties and expand the hotel operator’s reach.
CIM is cashing in with a deal this week to sell a 29-story office tower in Manhattan for $2.6 billion, the second-highest sale price ever for a U.S. office building.
Financial Services Superintendent Benjamin Lawsky’s proposal, aimed at tackling one the country’s worst foreclosure backlogs, would include streamlining the process for abandoned or vacant properties.
Existing-home sales in the U.S. this year are expected to hit levels not seen since 2006.
With a new Chelsea condominium that’s 80% sold, Scott Resnick shows he’s up to the challenge of developing residential projects on his own.
oys R Us is closing its iconic FAO Schwarz store, citing the high and rising costs of running the retail space on New York City’s pricey Fifth Avenue.
With the start of the high-demand season, average rents were up a year-over-year 1.2% in April. But rents for coveted one-bedroom units were up 7%.
Six Senses Hotels Resorts Spas, a hospitality company known for its plush luxury resorts in Asia, has reached a deal with a Miami-based real-estate investor for its first property in Central America.
Landlord SL Green Realty Corp. is near a deal to buy the Manhattan office tower at 11 Madison Ave. for about $2.6 billion, in what would be the second-highest price ever paid for a U.S. office building.
Designed well, they encourage openness and collaboration.
It’s getting crowded at the top of Manhattan’s apartment market. Builders are plowing ahead with scores of condominiums priced above $20 million in skinny glass towers throughout Manhattan, sparking fears of a supply glut.
Boutique hotel pioneer Ian Schrager is taking aim at the market’s luxury end with his latest Edition hotel in New York, which aims to combine creative detail with top room rates.
Prologis and other firms are going bigger in building to tap into the e-commerce boom, which is changing the way industrial properties like warehouses and fulfillment centers are built.
DTZ, a rapidly growing commercial real-estate services firm backed by private equity giant TPG, has cut a deal to buy Cushman Wakefield for $2 billion.
Community pressure prompts developer Edgestone to scale back a residential project in Whitestone.
Some big global real-estate investors are hunting for bargains in Brazil, even as political upheaval and economic decline send others to the sidelines.
Investors are checking out of Host Hotels & Resorts Inc.
Big New York firms say the social-media tool helps them with branding.
RXR closes on the purchase of the so-called Helmsley Building, which is just north of New York’s Grand Central Terminal and known to many because Park Avenue foot and vehicle traffic run through it.
Several big-name financial services firms are opting to set up tech divisions in prime Manhattan real-estate markets outside of their headquarters because many increasingly see themselves more as technology companies.
A roundup of real-estate news in greater New York.
Technology services are catching investors’ eyes in Europe’s real-estate market, but they will have to outmuscle U.S. companies to succeed.
As house prices in Australia head ever higher, concern is growing about the amount of debt families are taking on.
Fosun is planning to develop its second real estate foray in New York as it ramps up expansion.
Engler Financial real-estate firm that specializes in selling apartment buildings in the Southeast, is about to go on a growth spurt in the wake of its acquisition this month by Walker & Dunlop.
A government mortgage agency says it needs more resources to police the growing ranks of companies rushing to fill the void left by big banks that have stepped away from the market for riskier home loans.
Financial-services giant TIAA-CREF is buying the 40% stake in asset manager TIAA Henderson Real Estate it doesn’t already own for 80 million pounds ($122.6 million) as part of its broader move into managing money for sovereign wealth funds, pension funds and other institutions.
The owner and preservationists fight over renovations proposed for New York landmark.
Construction should start in about a month on a $14.5 million retail concourse named Turnstyle, two underground blocks on the corridor leading to the 59th Street-Columbus Circle subway station.
Big-name real estate services firms are joining the rush of businesses into new types of marketing that blur the lines between journalism and branding.
Two prominent families are digging into their pockets to finance the initial stages of a $4 billion project in North Miami. Lenders these days are remaining picky when it comes to backing land acquisition and improvement, the riskiest part of development.
A shift in focus by developers from moderately priced to luxury apartments in markets across the U.S. partly explains why apartment rents are climbing at a rapid pace.