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.

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.

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.

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

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.

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

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.

A change in administration or anything else that leads to rising interest rates will stress the real estate sector.