NEW YORK CITY-The sector in August added more delinquent securitized debt than was resolved, in contrast to CMBS trends overall, Fitch Ratings said Friday, calling office “an area of concern.”

LONDON-Capco’s $13-billion plan to redevelop the Earls Court and West Kensington Opportunity Area has gotten the nod from one of two boroughs spanned by the 57-acre site.

With tens of billions of dollars of property at stake, New York City is unprepared for a major hurricane. So far it’s been lucky.

GREENWICH, CT-Possible reasons for selling what would likely be a minority stake include help in valuing the company in the event of a public offering, the <i>Wall Street Journal</i> reported.

NEW YORK CITY-Downtown today holds &#147;life, hope and prospects for the future&#148; that couldn&#146;t have been imagined following the attacks, Mayor Bloomberg said Tuesday at a ceremony honoring Port Authority employees lost on 9/11.

NEW YORK CITY-The Frankfurt-based bank, with US headquarters here, said Tuesday it&#146;s integrating RREEF and other asset management businesses under its newly established Asset &amp; Wealth Management platform.

NEW YORK CITY-Company founder Stephen Ross will serve as executive chairman while continuing to spearhead development of Related&#146;s massive Hudson Yards project on Manhattan&#146;s Far West Side.

PORT WASHINGTON, NY-The locally based retail REIT is taking 100% control of a Massachusetts shopping center while selling its interest in 21 other properties across six states.