Economy: Page 162
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Cuomo’s Convention-Center Plan: A Gamble in Any Form
The plan to shift New York City's premier convention venue from Manhattan to Queens has many "ifs," Commercial Proprty Executive suggests.
Jan. 6, 2012 -
HFF Furthers West Expansion With New Hires
Holliday Fenoglio Fowler LP is opening a Denver office and has named a managing director in Orange County, Calif.
Jan. 6, 2012 -
Citywide Clean-Development Mechanism: Empowering Cities
A new U.N. climate change provision counts reductions that cities achieve via a range of methods.
Jan. 5, 2012 -
Fed on Freddie, Fannie: Help Out, Take a Hit
The Federal Reserve is worried that Fannie and Freddie are dragging anchor on the economic.
Jan. 5, 2012 -
Clarion, Equity Partner Put $100M in Brazil Industrial Project
Clarion Partners has acquired 78 acres northwest of São Paulo for a Class A industrial facility.
Jan. 5, 2012 -
Procore
Multifamily Looks Good for '12; Office Is Iffy
Grubb & Ellis is predicting a good year for multifamily, but isn't so optimistic for office.
Jan. 5, 2012 -
Charles Henricks
GreenStep Cities Program Helps Minn. Communities Get Grants
GreenStep Cities was designed to give communities greater recognition for their sustainability efforts.
Jan. 5, 2012 -
2012 Forecast: Mostly Sunny
The blog Calculated Risk compiled 2012 forecasts from some major players in the housing industry.
Jan. 4, 2012 -
Charles Henricks
Gallup: Americans’ Economic Confidence on the Rise
Economic confidence kept rising last month, hitting its best mark since June.
Jan. 4, 2012 -
How Overleveraged Ahern Rentals Landed in Bankruptcy
Ahern is the country’s largest privately held construction-equipment rental company and the seventh largest overall.
Jan. 4, 2012 -
Charles Henricks
Cornell Team Snags $2B High-Tech Project in NYC
Cornell University and Technion-Israel Institute of Technology proposed an 11-acre, $2 billion-plus campus on Roosevelt Island in the East River.
Jan. 4, 2012 -
Charles Henricks
Rosen Partners, Alfa Group Form JV
Rosen Partners will partner with the privately owned Russian investment conglomerate to target $100 million plus properties along the East Coast, Rosen Partners' managing director Daniel Rosen tells GlobeSt.com's Carl Gaines.
Jan. 4, 2012 -
Siemens Acquires Pace Global Energy Services
Siemens Industry, Inc. has completed the acquisition of Pace Global Energy Services, LLC in Fairfax, Va.
Jan. 4, 2012 -
Construction Spending Up in November (Maybe)
Numbers are up 1.2 percent from October and 0.5 percent from 2010, but sampling error margins are bigger.
Jan. 4, 2012 -
Vornado Refinances 11 Penn Plaza for $330M
The 1.1 million-square-foot Manhattan office building received a seven-year loan from HSBC Holdings PLC. Major tenants in the 23-story building include Macy's Corporate and Rainbow Media Holdings Inc.
Jan. 4, 2012 -
Building and Land Technology Buys a New HQ in Stamford
Building and Land Technology, one of the largest property owners in Connecticut’s Fairfield County, has acquired 695 E. Main St. in Stamford. The new owners will be renaming the 614,000-square-foot office complex the BLT Financial Center.
Jan. 4, 2012 -
Economy Watch: Fed to Take Wraps Off Predictions
The Fed plans to start publishing predictions of board members regarding interest rates. The value of U.S. construction projects edged up 1.2 percent in November.
Jan. 4, 2012 -
Park Central Hotel in NYC Goes to LaSalle
Six months after announcing plans to purchase the Park Central Hotel in Midtown Manhattan, LaSalle Hotel Properties has wrapped up the acquisition of the 934-room property in a transaction valued at $396.2 million.
Jan. 4, 2012 -
People on the Move for Week of Jan. 9
ENR reports key promotions and new hires at the level of vice president and above in construction, design and finance.
Jan. 4, 2012 -
Experts: Rating Agencies Need to Be Smarter in Evaluating Investments
Many industry sources tell GlobeSt.com that improvements are needed, while the agencies say that already is under way.
Jan. 4, 2012 -
Gilbane Awarded $88M Contract for Ohio Schools Project
The Ohio School Facilities Commission and Elyria City Schools hired Gilbane to provide construction management services for an $88 million school-construction initiative.
Jan. 3, 2012 -
Callison Acquires Barteluce Architects & Associates
The acquisition will grow Callison’s New York team to over 75 architects.
Jan. 3, 2012 -
AIA's ABI November Index reaches 52.0
The Architecture Billings Index (ABI) reached its first positive mark since August.
Jan. 3, 2012 -
Wealth Metrics Drive Spending on Vegas' Strip
According to CBRE's Las Vegas Strip Gaming Revenue Analysis, despite the volatility of the stock market in recent months, the Vegas Strip is showing year-to-date gains in mass market table games and slots.
Jan. 3, 2012 -
New Report: 2012 Housing Starts Will Jump
Metrostudy found that starts will increase nationwide in 2012, the company’s website reported.
Jan. 3, 2012
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