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FORT LAUDERDALE, FL-The developer of the massive Marina Lofts mixed-use project is hopeful that construction on the $150-million development could begin next year.
MIAMI-The economic recovery taking place in South Florida has yet to take hold in the commercial office and housing markets here. The smart money is on retail and the warehouse sectors.
NEW YORK CITY-Related Cos. has floated a new proposal to transform Penn Station that would involve moving the Borough of Manhattan Community College to the back of the post office across from Madison Square Garden and Penn Station.
LOS ANGELES-The US Justice Department filed civil charges against Standard & Poor's on Monday alleging the credit rating firm gave inaccurate appraisals on mortgage-backed securities that fueled the national recession.