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About The Author

John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.

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Five Northeast Buildings Targeted in New 'Credible' Terror Alert

August 01, 2004

NEW YORK CITY-The office of Homeland Security has named buildings in Manhattan, New Jersey and Washington, DC—all with a financial-services content—as specific al-Qaeda targets and raised the terror alert to orange for those specific assets. Building management firms tell GlobeSt.com that security procedures are in place.

ARCap's Larry Duggins

July 29, 2004

I disagree with the attempt to push for ratings parity among various types of fixed-income instruments.

CIBC's Michael Higgins

July 23, 2004

We see a lot of borrowers converting from construction bridge loans to fixed in fear of higher rates.

Studley's Robert Pressman

July 13, 2004

At any point in the day one retailer is doing well and one is doing poorly. We're working both ends of the spectrum all the time.

Real Estate Media Targets Retail Real Estate With New Online Publication

July 13, 2004

NEW YORK CITY-GlobeStRETAIL.com builds on the news authority of GlobeSt.com to bring daily news, commentary and analysis to the retail sector. Look for an Oct. 11, 2004 launch.

Two Months to Go to $355M 180 Maiden La. Closing

July 09, 2004

NEW YORK CITY-Expect a mid-September flip of the 1.1-million-sf 180 Maiden La. Sources close to the deal confirm that Joseph Moinian will take over the asset from the Paramount Group. Full price is full value, given the future of Lower Manhattan, say insiders.

Jean Barden of Essen Hyp

July 08, 2004

It's not my intention at all to become the capital source of fashion.

Kimco's Robert James

July 02, 2004

We've seen capital-gains reduced before. It didn't affect the 1031 exchange market. People don't want to pay tax, no matter what it is.

Tom Bisacquino Of Naiop

June 25, 2004

Institutional investors typically don't consider second- and third-tier markets because of the parochial nature of real estate definitions.

German Bank Eyes More Than $1B in Potential US Funding Activity

June 21, 2004

NEW YORK CITY-Essen Hyp is looking at increases of up to $400 million in private mortgage lending and as much as $1 billion in public-capital activity as it unveils its locally based center of US operations. Retail, multifamily and office assets--in that order--form the core of its lending strategy.

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