Last Updated: January 27, 2012 12:55pm ET
UPDATE
New York City Office Cleaners Ratify Labor Deal
NEW YORK CITY-Local 32BJ of the Service Employees International Union unanimously approved a four-year contract with the Realty Advisory Board on Labor Relations, guaranteeing a 5.6% wage increase for workers and employer-paid health benefits.
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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.



