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NEW YORK CITY-As the good feelings from the celebration last week of the spire being lifted to the roof of 1 World Trade Center fade comes the harsh reality that leasing at the 104-story tower has been slow.
SARASOTA, FL-The $315-million Mall at University Center, being developed by Benderson Development and Taubman Centers Inc., will open on Oct. 16, 2014.
CHARLOTTE, NC-Locally-based Belk Inc. says it will spend approximately $100 million on real estate projects this fiscal year, with about half being invested in capital spending.
MILWAUKEE-Developer Sean Phelan has suspended a plan to build a 36-unit apartment project on city-owned property here after failing to reach a financing agreement on the venture.
BALTIMORE-MGM Resorts International delivered an 800-page casino license application to the Maryland Lottery and Gaming Control Commission in South Baltimore on Thursday for its planned $800-million Prince George's County casino.
PHILADELPHIA-The fourth and final day of casino hearings was highlighted by a coalition called “No Casino in Our City” that held anti-casino signs and testified against the licensure of a second casino in the city.
NEW YORK-MSR Hotels & Resorts, a real estate unit of a John Paulson hedge fund, filed bankruptcy late on Wednesday in response to litigation by a lender that claims it is due millions in connection with a sale of luxury resort properties.
NEW YORK CITY-After some harsh criticism from designers and architects, the Museum of Modern Art is considering the possibility of saving, rather than razing the former Museum of Folk Art Museum.