As Long Island’s Glen Cove prepares to break ground Tuesday on one of the region’s biggest real-estate projects, it faces opposition even as some residents have warmed to such large-scale developments.
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Manhattan’s softening retail market is making allies of the pop-up and the landlord.
Construction spending in New York City’s health-care sector is surging as hospitals update aging facilities and add preventive health services, a new report finds.
An investment group has paid $76.5 million for a downtown Brooklyn property, a sign that demand for development sites in the borough remains strong despite indications of softening in some of the city’s real-estate markets.
A pair of private developers are looking to build a technology and cultural hub in a faded manufacturing neighborhood in Miami.
Two technology startups that help commercial-real-estate owners and brokers manage their businesses are merging in a $300 million deal.
As urban real estate becomes ever-more expensive, some property developers are shrinking or killing their parking spaces and offering Uber subsidies and other incentives instead.
Commercial property has been a big winner from years of ultralow interest rates around the world. Now markets are signaling that change might be in the air.
New York City struck a deal to buy the final piece of land for a long-promised park along the Brooklyn waterfront. It agreed to pay $160 million for a storage complex that was badly damaged in a fire last year.
Taconic Investment Partners and TH Real Estate partner on a deal to buy 817 Broadway in Midtown South.
CBRE Global Investment Partners said it has invested about $450 million for a 45% stake in a portfolio of West Coast retail property, in a bid to tap into rising consumer spending in a region driven by technology-sector growth.
A bankruptcy judge Monday sent the site of a proposed 950-foot luxury residential tower on Manhattan’s East Side to the auction block, approving a sale process that seeks to place the project into new hands.
General Electric sold its former global headquarters in Fairfield, Conn., to Sacred Heart University for $31.5 million.
Property developers wouldn’t typically consider replacing an office building with a warehouse, but in parts of New York and New Jersey, a red-hot warehouse market driven by the rise of e-commerce has upended that.
The developer of the Hilton Brooklyn is recapitalizing the soon-to-open hotel at a time that increasing headwinds are buffeting New York City’s hotel businesses.
Die-hard skiers prize Lake Tahoe’s famed Squaw Valley resort for its extreme terrain, but under a controversial development plan approved this week it may also become known for shopping, dining and even a water park.
Defaults are rising in a key corner of the commercial real-estate debt market just as borrowing costs are set to jump, raising the likelihood of a slowdown of the $11 trillion U.S. commercial property sector in 2017.
What is believed to be the world’s tallest modular building made its debut Tuesday in Brooklyn, a 32-story rental tower constructed with prefabricated units stacked like Legos.
A national apartment building company said it would take President-elect Donald Trump’s name off three New York City high-rises after tenants complained they were embarrassed living in buildings associated with someone who is so unpopular on Manhattan’s West Side.
Keeping Long Island City’s diversity of real estate—and somehow keeping it affordable—is a top concern for those who have helped to grow the neighborhood.
A roundup of real-estate news from across the Greater New York region.
The U.S. presidential election is still days away but the impact of the campaign and its outsized focus on Mexico already are being felt in the market for warehouses and factories in some border towns.
Signs are emerging that the Mexican REIT industry is gaining traction, as it tries to become a major channel of public capital into the country’s commercial property sector.
Mexico City is facing a glut of office space that is likely going to get worse following a surge of new development in recent years.
Developers are having a harder time finding space for new warehouses in increasingly crowded and expensive U.S. cities. Their answer: build upward.
Vornado Realty Trust is cleaving off its giant portfolio of Washington, D.C., office buildings and apartments, spinning them into a new company that would be merged with JBG Cos., a closely held Washington landlord, the companies announced Monday.
Blackstone has emerged as a big beneficiary of China’s global shopping spree by unloading billions of dollars worth of holdings to Chinese buyers.
Frankfurt is an obvious post-Brexit destination for London banks seeking to move some operations to keep them inside the EU. But tough building codes and a shortage of space may make it harder than imagined.
As some of the biggest cities cool, there are opportunities in smaller economies.
Trinity Church Wall Street has revealed its design for a building to house its new parish center and commercial office space behind the 19th-century Episcopal church.
Columbia’s Jerome L. Greene Science Center is a modern space with glass walls, wide sidewalks and public squares—a departure from the university’s graceful 19th-century Beaux Arts main campus.
Major League Baseball is expected to sign a large lease as early as Thursday to consolidate its Manhattan operations at the former Time & Life Building, according to people familiar with the deal.
Young buyers could return to the housing market in droves this spring, according to an analysis of web searches performed by Realtor.com.
Texas builder LGI Homes is using an aggressive marketing operation to carve out success in low-price entry-level homes in far-flung suburbs and exurbs.
Soaring apartment costs in Silicon Valley are fueling popular support for an idea bitterly opposed by many landlords in America’s technology capital: rent controls.
Australian property developer Nigel Satterley has forecast a bust in the apartment market in Perth or Brisbane within the next six months.
A Kuwait-based financial-services firm is paying $107 million for a new Cincinnati office building occupied by GE in its biggest real-estate investment in the U.S.
Private investment firm Starwood Capital Group said Tuesday it sold a stake in a roughly $2 billion portfolio of U.S. hotels to a group led by China’s largest insurance company, China Life Insurance Co. Ltd.
The mammoth East Midtown office tower to be known as One Vanderbilt will rise 1,401 feet and taper into a slender pinnacle intended as an emphatic addition to the Manhattan skyline.
Some big real-estate investment trusts that focus on health care are starting to pare their skilled-nursing holdings.
Average asking rents for so-called Class A office buildings in the hip neighborhoods of Midtown South surpassed asking rents for comparable properties in Midtown Manhattan for two consecutive quarters, according to real-estate-services firm JLL.
The new outpost of the Brooklyn Children’s Museum is set to open in a roughly 1,850-square foot space on the ground floor of a luxury condominium building in Brooklyn Bridge Park.
Real-estate developers have found their next big project: Iran. The onetime pariah’s year-old deal to curb its nuclear program lifts a host of economic sanctions that have limited the ability to do business in the country.
Iran’s nuclear deal has opened the gate for business expansion and foreign investment, but this growth faces an obstacle: a dearth of high-quality, affordable office space.
Tehran’s international airport is in the early stages of a gradual reinvention, part of a long-term plan to boost trade and turn Iran into a regional hub after its nuclear deal.
A handful of mostly European hotel groups are looking to steal a march on their U.S. competitors by moving into the Iranian hospitality market while U.S. companies still face regulatory uncertainty.
A bank tower that once stood at the center of Japan’s postwar industrial power will start to be demolished Saturday, one of several boom-era structures being torn down against the will of architectural preservationists.
Entrepreneurs working in robotics, artificial intelligence technology and connected devices work in early 20th century space that once hosted a leading technology of its day—shipbuilding.
A weakened ruble is softening the blow of a falling post-Brexit property market in London for Russian investors.
As the apartment market soars across the U.S., one financial-services startup sees opportunity in helping tenants get into units they can’t qualify for on their own.
The two condominium buildings and an adjacent hotel are massive horizontal structures at the edge of the park and offer up-close city views.
Blackstone Group has cut a deal to pay $1.5 billion for a portfolio of logistics centers, in the latest sign that this e-commerce-driven business is one of the hottest areas in the commercial property industry.
Facing an impending expiration, the controversial EB-5 program designed to attract wealthy immigrants has federal lawmakers at an impasse, leaving its long-term future uncertain.
Mortgage-finance giant Freddie Mac and two nonbank lenders are loosening income and documentation requirements for mortgage applicants in a new pilot program.
Demand for high-quality offices and retail spaces in Long Island City is being fueled in part by the 11,000 condominiums and rental apartments that have been built there over the past decade.
Palo Alto’s moratorium on new office construction in its downtown is only the latest dust-up in Silicon Valley, where resistance and challenges to development are sprouting rapidly.
Developers in more U.S. cities are reducing the amount of parking spaces included in new projects as local authorities seek to encourage the use of mass transit and free up space for parks, housing or other uses.
High-rises, townhomes and a public river walk are planned for an undeveloped area south of Chicago’s downtown Loop in a project breaking ground Monday, adding to a frenzy of construction along the waterway.
Frank Lowy and Larry Silverstein’s interests were aligned when they bought the lower Manhattan complex, but they diverged during its rebuilding.
An office complex in Hackensack, N.J., hit hard by the financial crisis, has been acquired by the family who developed the three buildings about a half-century ago.
Wells Fargo’s decision to negotiate a “retrade” on a U.K. commercial property deal follows what several other big property purchasers have done since the historic Brexit vote.
A new skyscraper in downtown Los Angeles has become the tallest building in the U.S. west of the Mississippi River.
Shopping-center giant Westfield Corp. has hired Tony-winning producer Scott Sanders to create ‘unique and spectacular’ entertainment events. His resume includes 15 years at Radio City Music Hall.
Investment from China continues unabated as investors plow money into some of the highest-profile commercial developments.
An investment group has paid $150 million for a Miami office property in the latest sign that investor appetite continues to grow for commercial real estate in midsize cities.
On stock markets around the world, real-estate companies have been lumped into a category with banks and insurance firms since 1999. But property will break free from the financial sector on Thursday into its own dedicated group.
Big banks, including Bank of America Corp. and Wells Fargo & Co., are subjecting some refinance customers who rent rooms to additional scrutiny.
An investment group has obtained the necessary financing to break ground on a $400 million office and industrial development in Williamsburg, marking the latest big bet on Brooklyn’s growing popularity as a workplace.
Twenty-five years after racial violence propelled Crown Heights into the national spotlight, the Brooklyn neighborhood has become a hot real-estate market.
While other countries grappling to contain frothy housing markets have moved to cool foreign investment, New Zealand boasts one of the world’s most open-door policies.
Canadian developer Triple Five is hoping to restart construction next month on the long-delayed retail and amusement project in East Rutherford, N.J., called American Dream.
Real-estate investment trust MAA is nearing a deal to buy Post Properties for about $4 billion, bringing together two major apartment owners who have benefited from a boom in rental demand.
A roundup of real-estate news in the Greater New York region.
New Yorkers who had second homes in charming Ulster County town are now settling there full time.
New towers have been rising, but with a few exceptions, they don’t do justice to the borough’s reputation as a creative center, design experts say.
Providing home-health aides and other services to older Americans is a fast-growing business, as brands and franchise owners seek to capitalize on an aging U.S. population and low costs of entry.
Investors are pressuring the Ratner family to loosen their grip on their nearly 100-year-old property empire, which owns high-profile urban properties such as the New York Times headquarters.
Six years after it was founded, WeWork has amassed a valuation of $16 billion, placing it among the world’s most valuable startups. But the shared-office-space company’s growth projections might not play out as expected.
When a prime piece of property came up for sale in coastal Orange County, Calif., five years ago, it was a natural draw for residential developers. But there was a catch in an area known as “the equestrian capital of the West Coast.”
Brazil’s economy was galloping when the country won the right to host the 2016 summer Olympics. Seven years later, a novel strategy to use private real-estate development opportunities to help finance the games is unraveling.
Some international investors say there is one emerging bright side to Brazil’s woes: Distress levels for some property owners are reaching the point that they are selling at steep discounts.
Brazil’s hotel-industry slump is expected to continue after the Olympics, at least for the short term, and hurt the returns of the investors who have made big bets on the Brazilian economy and the hoped-for afterglow of the games.
Some of the Olympic-related infrastructure development in Rio de Janeiro will likely add to the glut of office space in the midst of Brazil’s grueling recession.
Coach Inc. sold its headquarters in New York’s Hudson Yards development for $707 million under a sale and lease-back agreement, the luxury retailer said Monday.
Concerns about Silicon Valley’s housing shortage are turning Facebook into an apartment developer.
A glut of hotel rooms in Chinese cities is forcing owners to slash rates in a bid to attract customers.
EverBank said it is in advanced negotiations with a financial services firm to be acquired for roughly $2.5 billion, potentially leading to one of the biggest banking takeovers since the financial crisis.
LaSalle Investment Management said it will lend £110 million for a residential development in Finsbury Park, north London—one of the largest property-financing deals in the U.K. since the country voted to leave the European Union.