NEW YORK CITY-Some 30 industry leaders have been designated as "the ones to watch" in 2004. Included in that number is Jonathan Schein, president and CEO of Real Estate Media. The list was compiled by Realcomm.
NEW YORK CITY-Even if interest rates were to increase 50 or 100 basis points over time, Libor and 10-year Treasuries would still be at historically low levels, according to Jon Caplan, executive director of C&W.
NEW YORK CITY-Two firms inked leases for double their current space in the city and the third deal fell slightly short of that mark. CB Richard Ellis brokered the transactions.
NEW YORK CITY-As long as interest rates stay low, the for-sale apartment market will continue to perform well, according to real estate developer Donald Trump.
NEW YORK CITY-Job postings from all sectors of the industry more than doubled in the fourth quarter of 2003 compared to the previous year and may signal a change in the tide, according to Anthony J. LoPinto, president and CEO of Equinox Partners--the parent company of SelectLeaders.com, a real estate job site.
NEW YORK CITY-CB Richard Ellis Hotels brokers the sale of two northern assets and five southern assets on behalf of Stonehurst Hospitality LLC. The aggregate price was on par with similar properties in the marketplace.
NEW YORK CITY-Stephen L. Green steps down as CEO but will remain as chairman of the board of directors and full-time executive officer of locally based SL Green Realty Corp.
NEW YORK CITY-With a 39.3% increase, the average asking rents for space on Madison Avenue between 57th and 67th streets jumped from $491 a year ago to $684 today, according to the Real Estate Board of New York.
NEW YORK CITY-In its first move, the fund acquired a 16,500-squre-meter class A office building in Milan's financial district. The property is 100% leased to Banco Popolare di Verona e Novara, a major Italian bank.