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Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
NEW YORK CITY—In view of the net lease REIT's recent history, “it is absolutely crucial that what happens next for the company is unassailable,” shareholder Keith Meister wrote in a letter to its board.
NEW YORK CITY—The 50-story Baccarat Hotel & Residences New York, which opens next month, is the first of a series of Starwood Capital developments bearing the imprint of the renowned crystal brand.
NEW YORK CITY—As CohnReznick's 2015 industry outlook report is released, the firm's David Kessler tells GlobeSt.com that among other things, he's seeing “a migration to debt funds.”
MELVILLE, NY—With store-closing sales already in progress at nearly 1,800 US locations, disposing of the leases is expected to happen quickly, A&G's Andy Graiser tells GlobeSt.com.
NEW YORK CITY—With the laws governing one million rent-stabilized apartment units set to expire in June, “I don't know if there's a bigger issue for the Assembly to deal with” post-budget, Assembly Speaker Heastie said Sunday.
NEW YORK CITY—Equity Residential had one of its best years in 2014, CEO Neithercut said last week. Find out how EQR and 14 other public companies performed.
FORT WORTH—Wireless operator Sprint has agreed to establish a store-within-a-store at up to 1,750 RadioShack locations; at least 1,500 underperforming locations will go dark.
CHICAGO—The subtitle of this year's “Expectations & Market Realities” report was “the most optimistic” that Deloitte's Bob O'Brien has seen. Find out whether a panel of experts shared the optimism.