LONDON-Property agent Christie & Co says that the events of 11 September have compounded the two-tier hotel market. Hoteliers are trading well, however, and are on the lookout for good-quality hotels.

LONDON-Residential developer Thirlstone Homes and retail developer Centros Miller have formed a joint venture vehicle, Thirlstone Centros Miller, to maximise opportunities for mixed-use development projects within and around the M25.

ORLANDO-Central Florida's most visible commercial real estate owner/developer was selected by the International Olympic Committee as one of the flame-bearers for his philanthropic and community involvement in metro Orlando.

ELMSFORD, NY-Chief Economist to Governor George Pataki, Stephen Kagann says the suburban New York economy is now on the rebound. However, his outlook for New York City is that a recovery is at least a year away.