NEW YORK CITY—The pledged renovation by Chinese investors of the high-profile hotel—which typically hosts sitting presidents and numerous heads of state during NY visits—has raised security concerns in the state department and the White House.

NEW YORK CITY—The developer also is open to working with another developer to turn the site into multifamily housing.

NEW YORK CITY—An Ohio pension fund has put a big stake in a Plaza district office tower on the market, creating speculation that the asset's sale could command a stratospheric price.

NEW YORK CITY—Amazon.com plans to open its first brick-and-mortar store on one of city's busiest shopping streets, proving that online commerce presents opportunities for—rather than threats to—the retail market.

NEW YORK CITY—More than 100 industry participants will bed down in Times Square Thursday night to bring attention to the plight of homeless teenagers.

DALLAS—A new report shows a sizeable dip in the number of multifamily permits issued in August, but the value of such properties hit new record highs.

NEW YORK CITY—Considered one of the city's most iconic office buildings, the 1.4 million square foot asset could sell for as much as $800 per square foot.

NEW YORK CITY—The deal, which went into contract some months ago, gives the REIT access to a Midtown East office tower.