Last Updated: August 30, 2010 01:42pm ET

Judge O.K.'s W Union Square Plan

By Paul Bubny and Ian Ritter

NEW YORK CITY-The high-end hostelry will be transferred to a group led by Host Hotels in a sale approved Friday by a US bankruptcy judge.

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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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