Last Updated: January 24, 2012 06:22pm ET
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Foye Anticipates Anchor Tenant for 3 WTC

By Jacqueline Hlavenka

NEW YORK CITY-The new executive director of the Port Authority of New York & New Jersey said he is confident that the tower will be completed as planned. Foye also outlined his agenda for the city and state during the New York Building Congress’ first luncheon of the year in Midtown.

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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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