NEW YORK CITY-As fundamentals in the hotel sector deteriorate rapidly, lodging property loans are increasingly vulnerable to defaults. And it's not just the high-end properties that are feeling the pain.
EAST RUTHERFORD, NJ-Rents have dropped and office tenants up north are gaining the upper hand in negotiations, reports Cushman & Wakefield in its Q1 overview of the New Jersey office and industrial markets.
BEVERLY HILLS, CA-In response to a lawsuit filed by Starwood Hotels & Resorts Worldwide Inc., Hilton Hotels has halted the development of its recently launched Denizen brand.
BEVERLY HILLS, CA--In response to a lawsuit filed by Starwood Hotels & Resorts Worldwide Inc., Hilton Hotels has halted the development of its recently launched Denizen brand.
SOUTH HACKENSACK, NJ-Nice System Inc., a provider of solutions for managing security access across transportation systems, has leased space at 600 Huyler St. here.
HAMMONTON, NJ-New Jersey Manufacturers Insurance Co. handed construction management services for its new regional operations center here to the Gale Construction Co.
HARRISON, NJ-A $1-billion redevelopment project here got a boost earlier this week when the final piece of steel for its centerpiece--a 25,000-seat soccer arena--was put into place.
HARRISON, NJ-A $1-billion redevelopment project here got a boost earlier this week when the final piece of steel for its centerpiece--a 25,000-seat soccer arena--was put into place.