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July 5, 2009
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NEW YORKThe Business of New York Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online
TOP STORY
NEW YORK CITY-Eleven healthcare suppliers, including the $87-billion Cardinal Health, have signed on for space at the forthcoming 60-story World Product Centre.
BLOG: STREET WISE
EXPERT OPINIONS
Observations on New York City's commercial real estate.
Not enough people are aware of the down-and-dirty business benefits of involvement in professional organizations
QUICK POLL
Some Big Offices Transactions Recently Broke:
We’ll See More
It’s an Aberration

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AROUND THE NATION
Q1 Property Sales Total $9B
WASHINGTON, DC-That is a far cry from the $43.4 billion in Q1 2008 and $125.5 billion in Q1 2007.
HEADLINES
Real Estate Forum:
Retail and the Recession

LSRP Program Gears Up for Implementation
NetLease Forum:
Shareholders Challenge CVS' Longs Buy

COMMUNITY
'I'm hopeful the effects will be positive.' CresaPartners' McArthur and other corporate types rock for charity.
CALENDAR OF EVENTS
FEATURED EVENT
July 9, 2009
Virtual Conference Series
Post Your Event View 2009 Calendar
DIRECTORIES
Real Estate Forum - May/June 2009
Real Estate Forum - May/June 2009
Real Estate New York - January/February 2009
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WEBINAR SPOTLIGHT
LIVE WEBINAR
Distressed Hotels:
How Bad Will it Get?
How bad will financial distress in the hotel industry get before it gets better? Are we seeing just the tip of the iceberg in terms of hotel foreclosures? What can owners do to help their properties survive? Why aren’t we seeing more sales of distressed hotels? Will lenders take back properties or work out loan terms with borrowers? Listen in as our panel of experts gets to the bottom of these crucial questions. Monday, July 6, 2009: 12:30 PM ET Cost: $59
Register Now >

Other Webinars The Economy: Midyear Reality Check | The Next Generation of Student Housing Design & Development: Case Studies from Around the Nation | Job Opportunities in a Turbulent Market | Building Owners at Risk: Surviving Distress | Retail: Is There Hope? | Opportunities in Distressed Assets | View All >
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RESEARCH & ANALYSIS
NEW YORK CITY-Expect 2009 to be a tougher year for leasing and sales, while offering some bright spots, said experts from Colliers and Grubb.
Apartment REITs have so far held up better than other sectors. But if the outlook of management teams is any indication, the worst is yet to come.
NEW YORK CITY-Manhattan asking rents for ground floor retail are off 3% from Q3 2007, but top brokers say they’re optimistic.
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HOT TOPICS
Even New York City's once-bulletproof office sector is feeling the effects of the downturn.
Delays in rebuilding at Ground Zero are testing patience, yet Downtown's boosters say the neighborhood's renaissance is a foregone conclusion.
Developers use everything from underground cisterns to low-flow faucets to conserve and reuse water.