Articles About New York

Author:
Mike Ochs
Posted:
03.26.2012

Foreclosures Decline, But Expect a Spike Thanks to Banks Settlement

Foreclosure filings declined eight percent in February, the smallest year-over-year decrease since October 2010, as lenders began working through a backlog of seized properties, according to RealtyTrac Inc. A total of 206,900 homes received notices of default, auction or repossession last month, down two percent from January, according to the data firm, which noted that […]

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Author:
Mike Ochs
Posted:
06.14.2011

Foreclosed Homes Total a Three-Year Supply

The current national inventory of foreclosed homes represents a three-year supply, according to RealtyTrac.  Not surprisingly, that is depressing home prices.  “This is very bad for the economy,” said Rick Sharga, a RealtyTrac spokesman. In Las Vegas, the foreclosure situation is so dire that more than half of all homes sold in Nevada are foreclosures.  […]

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Author:
Randy Thomas
Posted:
07.19.2010

Up In the Sky! It’s 2010’s Best Tall Buildings from the CTBUH

The Council on Tall Buildings and Urban Habitat (CTBUH) recently announced the finalists for its 2010 “Best Tall Building” awards.  The annual awards recognize exceptional tall buildings from each of four geographical regions and are chosen for their design and technical innovations, sustainable attributes, and the enhancement they provide to their cities and the inhabitants. […]

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Author:
Randy Thomas
Posted:

Up In the Sky! It’s 2010’s Best Tall Buildings

The Council on Tall Buildings and Urban Habitat (CTBUH) recently announced the finalists for its 2010 “Best Tall Building” awards.  The annual awards recognize exceptional tall buildings from each of four geographical regions and are chosen for their design and technical innovations, sustainable attributes, and the enhancement they provide to their cities and the inhabitants. […]

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Author:
Matt Ward
Posted:
01.28.2010

Investors Are Choosing London

London has overtaken Washington, D.C., as the preferred city for commercial real estate investment,  primarily because investors believe that prices have bottomed out and the time to get into that market is now. The British capital has overtaken the previous favorites of Washington, D.C., and New York, according to a survey conducted by the Association […]

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Author:
Tom Silva
Posted:
12.01.2009

Tiffany & Company Earnings Report Shines

As well-known national retailers like Circuit City and Linens ‘n’ Things go out of business, one high-profile merchant saw its profits fall just one percent during the third quarter of 2009.  Venerable Tiffany & Co. — renowned for its signature blue box – recently raised its year-end forecasts after reporting an uptick in domestic and […]

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Author:
John Coletta
Posted:
11.19.2009

Will Yankees World Series Victory Unleash the Bulls on Wall Street?

There’s a rather odd correlation between the New York Yankees winning the World Series and Wall Street.   A Yankee win historically has coincided with a bull market.  An analysis by Standard & Poor’s Capital IQ reveals an average of double-digit yearly returns from stocks when the Yankees win the World Series.  By contrast, the stock […]

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Author:
James I. Clark III
Posted:
08.03.2009

Distressed CRE Hits $108 Billion

More than $108 billion of commercial properties in the United States are now in default, foreclosure or bankruptcy.   That preliminary statistic is nearly double the amount reported at the start of 2009, according to New York-based Real Capital Analytics, Inc. At the end of June, 5,315 buildings were reported to be in financial distress.  Hotels […]

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Author:
Matt Ward
Posted:
07.17.2009

Wall Street Relocating to Constitution Avenue

America’s financial capital is now Washington, D.C. With Congress and the White House acting forcefully to stop the bleeding resulting from the worldwide financial crisis, numerous investors and brokers are relocating from New York to Washington because that’s where the action is these days. One of the nation’s healthiest metropolitan areas, Washington is benefiting from […]

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Author:
Tom Silva
Posted:
06.05.2009

Calatrava’s Quadracci Pavilion a Sculptural Addition to the Milwaukee Art Museum

The opening of the new Modern Wing of the Art Institute of Chicago spurred me to finally trek out to the other great piece of museum architecture in the Midwest, Santiago Calatrava’s Quadracci Pavilion, a sculptural addition to the Milwaukee Art Museum which opened in 2001, and cost approximately $121 million. The museum initially hired […]

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