CHICAGO–Sterling Bay has already touched off an office renaissance on the Near West Side with its renovations of several underutilized buildings. And the developer has just landed the first tenant its latest transformational project in the neighborhood. Skender Construction has decided to lease 30,000 square feet at Fulton West, located at 1330 W. Fulton. Skender joins Sterling Bay, which has leased a full floor where it wuill relocate its headquarters. Officials from both firms expect to…

SAN FRANCISCO—Resale inventory is extremely low, the lowest new condominium inventory level since summer of last year, and new sales outpaced additions to the inventory, resulting in a 10% decrease in condos for sale.

NEW YORK CITY—Talking to industry professionals Wednesday during the monthly B'nai Brith real estate division luncheon, the RFR executive forecasted gray skies ahead in Midtown.