NEW YORK CITY-Units of the 58-story building, which comprises 223 condos and was developed by Moinian Group, are selling well despite a somber real estate climate.
IRVINE, CA-Banks repossessed 92,858 properties in July 2010, a 9% increase during the month and the second largest volume of homes taken over in a month.
ST. SIMONS ISLAND, GA-Sea Island Co. is selling off its assets to Los Angeles-based Oaktree Capital Management LP and New York City-based Avenue Capital Group, who have agreed to pay an amount of $197.5 million.