Last Updated: November 20, 2008 03:43pm ET

MTA Plans Cuts, Fare Hikes To Close $1B Gap

By Paul Bubny

NEW YORK CITY-The Metropolitan Transportation Authority says it awaits next month’s Ravitch Commission report on strategies to meet its costs.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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