When Joseph Simone, the president of Simone Development Companies, bid $3.7 million at a state auction for a weedy 18.5-acre site in the Bronx, skeptics wondered what such a normally astute businessman could possibly be thinking.
Read more →Depending On What Congress Does Between Now and Aug. 2, Scenarios Range from Modest Slowdown in the Recovery to Dire Economic Consequences
Read more →Returns of REITs Owning the Complexes Rise Along With New Projects and Sales; No Longer the ‘Animal House’ Image
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With a substantial number of markets starting to see prices increase, we can now look back on the real estate downturn and begin to draw some conclusions and lessons from the experience.
Read more →When the first employees moved into the Department of Energy’s new research facility here last summer, a whole lot of people were watching—with a whole lot of anxiety.
Read more →TRULY startling revelations were few in the voluminous report, published last Thursday by the Financial Crisis Inquiry Commission on the origins of the financial panic.
Read more →A federal court ruled Monday that a key part of the health-care overhaul violates the Constitution, dealing the first legal setback to the Obama administration’s signature legislative accomplishment.
Read more →A Los Angeles investment firm is in advanced talks to buy the debt for the Trump SoHo, the soaring 46-story condo-hotel, setting the stage for a possible battle for control of the high-profile project.
Read more →With surprising speed, and with the help of ample public incentives, a solar energy manufacturing center has emerged in the upper Midwest that is helping to supply the world’s growing demand for clean power.
Read more →The President’s debt commission has been struggling with the difficult problem of working up a plan to prevent a U.S. debt crisis along the lines of what occurred this year in Greece and Ireland.
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