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NEW YORK CITY-The New York State Housing Finance Agency's decision to award $340 million in Liberty Bond funding to three Downtown rental apartment projects…
PHOENIX-The city is ranked as the nation's 10th best investment market for buyers of industrial product, according to a nationwide study. Buying in has lower short-term yields. On the seller's side of the equation, the yield averages 9.38%.
NEW YORK CITY-The World Trade Center Developer closes the first chapter in the insurance coverage battle that began with the Sept. 11 bombing of the twin towers.
HOUSTON-Home Loan re-ups 9,000 sf and adds 3,431 sf at 2350 North Belt East in the Greenspoint submarket. The double deal, including a sublease, keeps the 155,500-sf office building at 98% occupancy.
BEAVERTON, OR-The technology services company takes one of two buildings at the park, which is owned by Saltzman Properties. The location will serve as the Minolta branch office as well as other office support functions and surplus distribution space.
DALLAS-The industry buzz is that terrorist insurance riders, particularly on trophy buildings, are surefire aftershocks from Sept. 11. It won't be cheap and it won't be easy to bring about the coverage. Federal assistance is a must-have, say Texas execs.
CHICAGO-After listening to building owners, city officials decide to require exterior inspections every other year rather than annually, with alternate sections of those facades getting a look. Critical examinations of terra cotta must be done every four years.
EAST RUTHERFORD, NJ-The Garden State's secretary of commerce during the administration of former Gov. Christie Whitman will head the firm's new high-tech infrastructure initiative.
NEW YORK CITY-Nearly a year after the World Trade Center was destroyed by terrorist bombs, the agency charged with coordinating the redevelopment of Lower…
DETROIT-An $8-million park in the Campus Martius project, featuring up to 150 entertainment and culture events per year, would bring tourists and pedestrians to Detroit, says an official with Detroit 300 Conservancy.