LONDON-Occupier demand for commercial property is likely to stay subdued, reflecting a lack of confidence about the economy among businesses, according to a new survey of occupiers by Baring Houson & Saunders. But the retail sector is likely to be the first to recover.

NEW YORK CITY-Development is already under way on the $150-million plan through a partnership agreement announced yesterday. The layout is designed to transform a disused 67-acre swath along Brooklyn's East River waterfront into a public park and includes a hotel as well as a "Chelsea Piers-like" recreation center.

Despite what you might hear, the recovering economy won't raise all boats equally. Not retail, at least, which should continue on its roller-coaster ride,…

PHOENIX-The Southwest Regional Carpenters Union of Los Angeles cuts a short-term lease for a RREEF-owned building while awaiting the delivery of a project at the junction of 45th Avenue and Interstate 10.