389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
Regional Digests
Boston’s Russia Wharf Project Advances
May 30, 2003 The Boston GlobeRussia Wharf, a $275 million mixed-use project along Boston's Fort Point Channel, cleared a significant hurdle yesterday when it received preliminary approval from the Massachusetts Executive Office of Environmental Affairs. Equity Office Properties is redeveloping...
Deal for South Boston Convention Hotel Reached
May 30, 2003 The Boston GlobeStarwood Hotels & Resorts Worldwide Inc. and its local partners – developers Stephen Karp, Joseph Fallon, and Joe O'Donnell – yesterday reached an agreement that should allow Boston's $800 million convention center hotel to go...
Developer Faces Opposition to Apartment Plan in East Whiteland, Pa.
May 30, 2003 The Philadelphia InquirerReal estate developer J. Brian O'Neill's plan to convert an office park on Lancaster Pike in East Whiteland, Pa., into residential use appears to have bogged down in community opposition. O'Neill, founder and president of...
Maui Mall to be Sold
May 29, 2003 Pacific Business JournalMaui Land & Pineapple Co. Inc. plans to sell its 570,000-square-foot Queen Kaahumanu Center. The sale, for which the price was not disclosed, is expected to be completed this summer. The center is owned by...
Worcester, Mass., OKs Picknelly Hotel
May 29, 2003 Springfield (Mass.) Union-NewsThe Worcester, Mass., City Council has approved the Picknelly family's plan to build a $20 million Hilton Garden Hotel downtown. Fargo Development LLC, a Picknelly-owned company, expects to begin construction on the 200-room hotel this...
NYC Renters Giddy at Apartment Glut
May 29, 2003 New York PostSo many Manhattan rental apartments will be coming on the market in the next three years that developers are worried they won't be able to command the same lofty prices they do today. Manhattan apartment...
Silverstein Sues Cantor Fitzgerald for Back Rent at 1WTC
May 29, 2003 Newsday (New York)The company that held the lease on One World Trade Center before terrorists destroyed the building is suing former tenant Cantor Fitzgerald for more than $1 million in back rent, according to an Associated Press...
NYC Warehouses Sold for $27Mln
May 29, 2003 CityFeet.comStanley Fuchs has sold two vacant warehouses at 11th Avenue between 47th and 48th streets to the Aryeh brothers of First Hudson Capital for $27 million. The brothers, who contracted last year to buy the buildings, closed...
Mich. Lawmaker’s Plan Seeks to Upend Federal Judge’s Ruling that Favors Simon
May 29, 2003 Indianapolis Star Michigan's legislature again will wade into the takeover battle between mall owners Simon Property Group and Taubman Centers via a bill that would allow the Taubman family to block Simon's $4.25 billion takeover offer. A...
Lowe’s to Open in Kansas City, Kan.
May 29, 2003 Kansas City StarLowe's may open a store in Wyandotte County, Kan. Lowe's is asking the Unified Government to rezone about 16 acres east of Kansas City (Kan.) Community College for a 135,000-square-foot store.
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
