Subject: Economic News (ECO)

November 1, 2001 NEW YORK – Brookfield Properties Corp. (NYSE:BPO) said it has so far received about $50 million from its property and business interruption insurance policies as a result of damage sustained by properties it owns in downtown Manhattan.The ...

October 9, 2001 NEW YORK – Brookfield Properties Corp. (NYSE:BPO) has revised the reopening dates for One Liberty Plaza and One World Financial Center to Oct. 22 and Nov. 19, respectively.Both buildings have been closed since the Sept. 11 attack ...

Panelists at a luncheon at Manhattan's Yale Club say the Manhattan hotel market, which has suffered in recent weeks nearly as much as it had during the Great Depression, could be headed for better times.

September 25, 2001 BEVERLY HILLS, Calif. – Hilton Hotels Corp. (NYSE:HLT) has decided to postpone two vacation-ownership properties it had planned to build in Las Vegas and Orlando, Fla., for about six months.Hilton said it would re-evaluate the projects after ...

September 25, 2001 High-profile real estate leaders quoted in today's Wall Street Journal say that the sector will fare much better in the wake of the recent terrorist attacks than many other parts of the economy. "It is the first ...

September 21, 2001 NEW YORK – Six Continents Hotels (NYSE:SXC) has reopened its Holiday Inn Wall Street District hotel in lower Manhattan.The hotel, at 15 Gold St., had been closed since Sept. 11 due to a loss of power resulting ...

September 17, 2001 BETHESDA, Md. – Host Marriott Corp. said its Marriott World Trade Center hotel suffered "catastrophic damage" by the terrorist attack on the World Trade Center.In addition, the Marriott Financial Center hotel, just south of the trade center, ...

Reports have the destruction of the World Trade Center yesterday costing up to $15 billion. Among the insurers with the most exposure to the property are Swiss Re and Munich Reinsurance.

Although mere bricks and mortar are the least matter of concern at the moment, for all intents and purposes the chief targets of this morning's terrorist attacks, the two signature 110-story World Trade Center towers, no longer exist.

September 11, 2001 NEW YORK – A third building in the World Trade Center complex has collapsed, and nearby buildings remain ablaze, CNN.com has reported.The two World Trade Center towers collapsed earlier today after they were heavily damaged by two ...