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FORT LAUDERDALE, FL-This city's increasingly unfriendly attitude toward lofty Downtown construction has led the Related Group of Florida to drop its plans for a 38-story apartment tower on East Las Olas Boulevard.
NEW YORK CITY-The week begins with things appearing dismal for technology companies after last week's market closed. The Pegasus INTDEX closed last week down 29.7 points and the NASDAQ finished down 311.8 points. New York-based Pegasus warns that the worst is yet to come.
PHOENIX--One of the largest hospital companies in the country plans to build a $30-million hospital in the far East Valley and is in final site selection phase.
STAMFORD, CT-Union workers at some commercial office buildings in Fairfield County, CT, and residential apartment buildings in Westchester County, NY, are on strike in what could be a protracted work stoppage.
WASHINGTON, DC-Human Rights Campaign became the latest nonprofit to raise money to buy its own headquarters in a bid to guard against rising rents. The group estimates it can save $15 million over 15 years by becoming its own landlord.
DURHAM, NC-The Boston investment group's purchase of the four-building, 394,000-sf Triangle Business Center here marks the beginning of a hunt for one million sf of office and flex product in the Triangle, Charlotte and Greesnboro, NC markets.