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September 22, 2000 Vornado sued Crain's New York, September 22NEW YORK – NorthStar Capital, the majority owner of Ian Schrager Hotel, is suing Vornado Realty Trust. The company alleges the REIT improperly acquired $75 million of its debt. NorthStar says...
September 21, 2000 Convention center hotel faces hurdleDaily Globe, September 21BOSTON – A joint venture of Starwood Hotels & Resorts Worldwide Inc. and Carpenter & Co. faces a Tuesday deadline for obtaining financing and putting down a $14 million nonrefundable...
September 20, 2000 Real Estate Firms to increase investments in Web CompaniesWall Street Journal, September 20NEW YORK – Constellation Real Technologies, a consortium of 11 real estate companies – including Equity Office Properties Trust and Simon Property Group Inc. –...
September 19, 2000 Bloomberg leans toward moveNew York Times, September 19NEW YORK – Bloomberg has agreed to be the anchor tenant for a proposed 1.3 million square foot tower to be built at the site of the old Alexander's department...
September 18, 2000 Rents going through the roofBoston Business Journal, September 18 BOSTON Rental rates are climbing on an almost daily basis, brokers say, and they don't see them slowing down anytime soon given the demand for Class-A office...
September 14, 2000 Developers give peek into $514m Ritz projectDaily Globe, September 14BOSTON – Millennium Partners, developers of the Ritz-Carlton hotel complex have completed 75 percent of the construction on the $514 million project, set to open May 2001. The...
September 13, 2000 Boston waterfront project proceeds to a third towerWall Street Journal, September 13BOSTON – Fidelity Investments Corp. and Drew Co. are planning to build a third office tower, The Seaport Center South, in their South Boston waterfront development....
September 12, 2000Price rises on NYSE headquarters siteNew York Post, September 12NEW YORK – According to the city's Economic Development Corp. the cost of buying the land for the New York Stock Exchange's new headquarters has gone up to $450...
September 11, 2000 Donald Trump puts his interest in Empire State Building up for saleThe Wall Street Journal, September 11NEW YORK – Having failed to wrest control of the Empire State Building in court from a group including Leona Helmsley,...
September 8, 2000 Boston tower plan gathers dust The Boston Herald, September 8 BOSTON – Millennium Partners has kept mum the past year concerning its plans to build a 49-story tower over the Massachusetts Turnpike, creating speculation that the developer...
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