A Major Renovation on the Doorstep of Queens Hotels, apartment complexes and parks are being built in Queens Plaza, but few offices are under construction.
Treasures, but Only to You? When a parent dies, selling the apartment can be the easy part. By TERRY PRISTIN
Square Feet Struggling Newspapers Sell Off Old Headquarters Many papers, large and small, are trying to shed their aging properties for spaces that are more efficient and high-tech. By TERRY PRISTIN
Square Feet Miami’s Condo Market Rebounds, Stoking a Building Boom As home prices recover and demand for safe investments by foreign investors rises, Miami is booming again with 25 condo projects. By TERRY PRISTIN
Square Feet Once Hobbled, New York Developer Aims for Comeback David Lichtenstein, who filed for bankruptcy protection after borrowing almost $8 billion for a hotel deal, has initiated several ambitious projects in New York. By TERRY PRISTIN
Square Feet Long Isolated Behind a Freeway, Santa Monica’s Civic Center Rejoins Its City A residential development and a new park with playgrounds are helping to integrate a forgotten part of Santa Monica, Calif., with the city’s downtown. By TERRY PRISTIN
Square Feet Harlem’s 125th Street Attracts Big Retailers Financing is still tight, but a four-story shopping center and a $14 million retail building are being built in the Manhattan neighborhood’s longtime shopping hub. By TERRY PRISTIN
Square Feet After Storm, Moving to Update a Mall at the South Street Seaport The Dallas-based operators of the Pier 17 shopping mall, which was largely spared by Hurricane Sandy, plan to transform the site into an open, three-story retail and entertainment center. By TERRY PRISTIN
Real Estate Rivals Divide Upscale Spoils Two real estate companies have agreed to a $16 billion deal for Archstone Enterprise, a residential landlord with buildings in coveted metropolitan markets.
Square Feet Sale Brings Former Owner Back to the Essex House With last month’s sale by Dubai Group, the hotel on Central Park South returned to Strategic Hotels and Resorts. Marriott has become its operator.
Square Feet American Real Estate Investors Seek Opportunities in European Debt Crisis Private equity firms have been vying to buy portfolios of European bank debt on commercial real estate at deep discounts, and hope eventually to earn generous returns.
Square Feet New York Financial Towers Looking to Diversify A developer has embarked on a $250 million renovation of the World Financial Center in an effort to broaden its appeal to entertainment and technology companies.
Square Feet Boston Properties Sticks to Its Formula With investments in five United States markets, the real estate investment trust led by Mortimer B. Zuckerman is sticking to a strategy summarized as “A buildings in A locations.”
Square Feet In a Shift, Vornado Addresses Investor Concerns Vornado’s wide-ranging portfolio, which analysts had viewed as unwieldy, is likely to be trimmed, according to remarks by the real estate investment trust’s chairman, Steven Roth.
Square Feet Uncertain Fate for Urban Projects in California Many development projects are in limbo after the state’s 397 community redevelopment agencies went out of business in February.
Square Feet Bid for Apartment Giant Finds Zell on Familiar Turf The bankruptcy of the Tribune Company has not tarnished Samuel Zell’s reputation in real estate; he is now bidding for a stake in a huge apartment landlord, Archstone.
Square Feet Surviving a Big Risk on Fifth Avenue The Kushner Companies’ $1.8 billion deal for 666 Fifth Avenue in 2007 quickly ran into trouble as the recession took hold. But with the help of another investor, the loan has been modified.
Square Feet A Learning Curve as Developers Do Business in China Drawn by an expanding middle class, commercial real estate companies in the United States and Canada are building malls and residential developments in China.
In Queens, Neglected Sector Attracts Big Developers Willets Point has long been home to an unsightly jumble of auto shops, but New York City officials say they have made progress on a $3 billion revitalization proposal.
Square Feet Tenants Fret Over Big Debt at a Top Address Gary Barnett has spent tens of millions restoring the Belnord, a landmarked Manhattan apartment building, but debt may force him to give it up.
A Major Renovation on the Doorstep of Queens Hotels, apartment complexes and parks are being built in Queens Plaza, but few offices are under construction.
Treasures, but Only to You? When a parent dies, selling the apartment can be the easy part. By TERRY PRISTIN
Square Feet Struggling Newspapers Sell Off Old Headquarters Many papers, large and small, are trying to shed their aging properties for spaces that are more efficient and high-tech. By TERRY PRISTIN
Square Feet Miami’s Condo Market Rebounds, Stoking a Building Boom As home prices recover and demand for safe investments by foreign investors rises, Miami is booming again with 25 condo projects. By TERRY PRISTIN
Square Feet Once Hobbled, New York Developer Aims for Comeback David Lichtenstein, who filed for bankruptcy protection after borrowing almost $8 billion for a hotel deal, has initiated several ambitious projects in New York. By TERRY PRISTIN
Square Feet Long Isolated Behind a Freeway, Santa Monica’s Civic Center Rejoins Its City A residential development and a new park with playgrounds are helping to integrate a forgotten part of Santa Monica, Calif., with the city’s downtown. By TERRY PRISTIN
Square Feet Harlem’s 125th Street Attracts Big Retailers Financing is still tight, but a four-story shopping center and a $14 million retail building are being built in the Manhattan neighborhood’s longtime shopping hub. By TERRY PRISTIN
Square Feet After Storm, Moving to Update a Mall at the South Street Seaport The Dallas-based operators of the Pier 17 shopping mall, which was largely spared by Hurricane Sandy, plan to transform the site into an open, three-story retail and entertainment center. By TERRY PRISTIN
Real Estate Rivals Divide Upscale Spoils Two real estate companies have agreed to a $16 billion deal for Archstone Enterprise, a residential landlord with buildings in coveted metropolitan markets.
Square Feet Sale Brings Former Owner Back to the Essex House With last month’s sale by Dubai Group, the hotel on Central Park South returned to Strategic Hotels and Resorts. Marriott has become its operator.
Square Feet American Real Estate Investors Seek Opportunities in European Debt Crisis Private equity firms have been vying to buy portfolios of European bank debt on commercial real estate at deep discounts, and hope eventually to earn generous returns.
Square Feet New York Financial Towers Looking to Diversify A developer has embarked on a $250 million renovation of the World Financial Center in an effort to broaden its appeal to entertainment and technology companies.
Square Feet Boston Properties Sticks to Its Formula With investments in five United States markets, the real estate investment trust led by Mortimer B. Zuckerman is sticking to a strategy summarized as “A buildings in A locations.”
Square Feet In a Shift, Vornado Addresses Investor Concerns Vornado’s wide-ranging portfolio, which analysts had viewed as unwieldy, is likely to be trimmed, according to remarks by the real estate investment trust’s chairman, Steven Roth.
Square Feet Uncertain Fate for Urban Projects in California Many development projects are in limbo after the state’s 397 community redevelopment agencies went out of business in February.
Square Feet Bid for Apartment Giant Finds Zell on Familiar Turf The bankruptcy of the Tribune Company has not tarnished Samuel Zell’s reputation in real estate; he is now bidding for a stake in a huge apartment landlord, Archstone.
Square Feet Surviving a Big Risk on Fifth Avenue The Kushner Companies’ $1.8 billion deal for 666 Fifth Avenue in 2007 quickly ran into trouble as the recession took hold. But with the help of another investor, the loan has been modified.
Square Feet A Learning Curve as Developers Do Business in China Drawn by an expanding middle class, commercial real estate companies in the United States and Canada are building malls and residential developments in China.
In Queens, Neglected Sector Attracts Big Developers Willets Point has long been home to an unsightly jumble of auto shops, but New York City officials say they have made progress on a $3 billion revitalization proposal.
Square Feet Tenants Fret Over Big Debt at a Top Address Gary Barnett has spent tens of millions restoring the Belnord, a landmarked Manhattan apartment building, but debt may force him to give it up.