Real

GlobeSt.com: 60 Floor Westside Medical World Trade Mart Tower Advances

Posted by Villagenyc

Despite a daily dish of sour news that paint the picture of a city in economic contraction, a group of developers say excavation had begun and marketing is underway, for a new 60-floor, glass and steel tower that will rise over-looking the Jacob Javitts Center. The 1.5-million-square-foot complex--scheduled to be complete by 2013--will bring an international multi-purpose trade center for medical professionals and vendors to Manhattan's far west side.

LINK AT GlobeSt.Com

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County Level IAS360 House Price Index Data Shows Promise Amid Worsening Housing Market in September

Posted by eskcsg from Reuters

Integrated Asset Services, LLC (IAS, www.iasreo.com) monthly report, which includes the most current and granular data available in the industry, showed a 2.1% decline in house prices on a national level in September, with an annual decline of 13.3%. However, the data also shows bright spots at the individual county level with 75 of the 360 counties showing month to month improvement in September

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Trump Comes to the Rescue

Posted by ebruce

Donald Trump announced his plan to keep famous talk show sidekick Ed McMahon from losing his multimillion-dollar home to foreclosure.

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Tired of Real Estate, Try Cyber Real Estate

Posted by marcuscrockett2

Great article on the state of the cyber-real estate industry. Good read for all investors.

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Downtown Gotham laments closure of Meatpacking District eatery :: EDGE

Posted by Villagenyc

After 23 years of serving countless steak frites, muscles and Boudin Noire in an area more known for beef racks, leather daddy's, transgender prostitutes, club kids and Hogs and Heffers, the modern landmark 24 hour French diner that served the fashionable alongside the "freaky" has closed its doors. News reports account Morellet signed a lease for $6,000 in 1995. The landlord reportedly sought to increase the rent to around $700,000 per year-or $58,000 per month-this past year. And Morellet was left with little choice but to close shop after a period of unsuccessful negotiation.

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Sales and prices of new homes continue descent

Posted by marcuscrockett2 from USA Today

If you think this the real estate pain almost over, you have another thing coming.

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CEO mansions and stock price

Posted by SoxFirst

What happens when the CEO buys a mansion? The stock price collapses, according to a new study.

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