NEW YORK CITY-The superstorm has been “a wake-up call” for owners and managers, says Peel of Datawatch Systems, who adds that he doesn’t see demand abating for remote monitoring systems.

NEW YORK CITY-“Today, Dec. 4, is our moment,” Related Cos. chairman Stephen Ross said at a ceremony Tuesday marking the start of work on the 26-acre Far West Side development site.

NEW YORK CITY-But Fitch Ratings warns that with a large number of maturities coming between 2015 and 2017, the current pace of resolutions may be difficult to maintain.

NEW YORK CITY-The heads of SL Green and Extell Development gave their views on topics ranging from Sandy cleanup to what’s next for their companies.

NEW YORK CITY-As a result of the $751-million sale of the Brooklyn shopping center, first announced in October, Vornado shareholders will see a special capital gain dividend of $1 per share.

NEW YORK CITY-Although Paramount Group is keeping mum on the sales price for the Candler Tower in Midtown, it's rumored to be north of $250 million.

NEW YORK CITY-Although the potential for overheated markets makes him uneasy, the Starwood Capital Group CEO told conference attendees there are important differences between 2007 and today.

NEW YORK CITY-The two trusts that hold the senior loan on the 11,229-unit rental complex, and former owner MetLife, have agreed to pay nearly $69 million to plaintiff tenants.