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NEW YORK CITY-With talk surrounding the firm's potential sale, sources disagree whether creating the CRE spin-off was a favorable move, and question the likelihood of its success.
NEW YORK CITY-There is reason to be concerned about the state of the credit market, but long-term fundamentals are good and 'we are very much in business,' said the agency's Kenneth Bacon.
NEW YORK CITY-Although some lower Manhattan development has slowed thanks to the credit crisis, and questions surrounding the timeline of the WTC rebuilding, sources say things are looking up.
NEW YORK CITY-In today's environment, where capital for real estate has dried up, insiders say although good fundamentals are key, 'you have to be forward thinking.'
NEW YORK CITY-In today's environment, where capital for real estate has dried up, insiders say although good fundamentals are key, 'you have to be forward thinking.'
NEW YORK CITY-Due to strong fundamentals, panelists at Cityscape USA's keynote session were optimistic that once the credit market livens up again, recovery should be quick to follow.
NEW YORK CITY-Due to strong fundamentals, panelists at Cityscape USA's keynote session were optimistic that once the credit market livens up again, recovery should be quick to follow.
NEW YORK CITY-None of the 117 banks on the FDIC's troubled bank list are Manhattan banks. Sources say local banks' diverse portfolio is what helps keep them afloat.
NEW YORK CITY-None of the 117 banks on the FDIC's troubled bank list are Manhattan banks. Sources say local banks' diverse portfolio is what helps keep them afloat.