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  • Local Group First to Confront New Slow-Growth Law

    ORANGE COUNTY, CA-Private developer Tim Strader Sr. and his partners win the planning commission's approval to build a 10-story office tower in Newport Beach. Under a new law, the project now also needs to win a public vote.

  • Local Group First to Confront New Slow-Growth Law

    ORANGE COUNTY, CA-Private developer Tim Strader Sr. and his partners win the planning commission's approval to build a 10-story office tower in Newport Beach. Under a new law, the project now also needs to win a public vote.

  • Realtors Lobby for Updated Commercial Lien Law

    ALBANY-Approximately 150 Realtors from across New York State lobbied state lawmakers today (Tuesday, June 5) for enactment of a host of real estate bills, including a proposal that would protect broker commissions in commercial sales transactions.

  • Harvard University Closes on Arsenal Deal

    WATERTOWN, MA-Harvard University closes on its deal to purchase the historic 30-acre Arsenal here. The purchase has faced mounting opposition from town officials because of the tax-exempt status of the university.

  • World's First Green Residential Tower Breaks Ground

    NEW YORK CITY-Chairman James F. Gill of the Battery Park City Authority told the crowd at the site of 20 River Terrace that they were witnessing history as the first green residential tower in the world was to break ground.

  • $1-Bil Staples Center Addition Moves Closer to Reality

    LOS ANGELES-Developers of a $1-billion-plus mixed-use project next to Staples Center have reached a compromise with homeowner groups, unions and environmentalists. The pact could lead to final approval from the City Council later this month.

  • Legg Mason Acquires Private Capital Management

    BALTIMORE, MD-The investment firm will pay as much as $1.38 billion for the Florida-based privately owned wealth management company. Legg Mason will pay $682 million at closing in July, with two more payments to follow.

  • Property Tax Reform Breaks Budget Deadlock

    ST. PAUL, MN-A compromise between the Senate, House and Gov. Jesse Ventura would lower taxes on multifamily buildings an average of 21%, cut business taxes by 10%, farm taxes by 20% and cabin taxes by 12%.

  • 285,355-SF Lake Creek Festival Draws $19.1 Mil

    AUSTIN-A Los Angeles-based family investment group has secured its first Austin property and more are being eyed. The $19.1-million buy had one hitch, the loss of Regal Cinema midway through the talks. A replacement tenant is being actively pursued.

  • Louis Dreyfus Nears Decision on Connecticut Place

    STAMFORD, CT-Louis Dreyfus Property Group says it expects to make an announcement in the next two to four weeks on several large lease deals that will allow it to begin construction on its 574,000-sf Connecticut Place project, GlobeSt.com has learned.