Commercial
Empire State Building IPO Plan Approved; To Be Listed on NYSE
Morgan Stanley Hoping to Raise $3 Billion for Global Property Fund
American Realty Buying CapLease for $2.2 Billion
EDITOR'S PICKS
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Developers Apologize After Accidentially Demolishing House Where AC/DC Got Together
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US Housing Affordability Unlikely To Improve Until Prices Fall 40%, Wages Increase 70%: Expert
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Meghan Markle And Prince Harry's Montecito Mansion Now Valued At $29M
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US Housing Supply Hit Four-Year High - But Only Because Homes Are Failing To Find Buyers
US house prices in March were up 10.9 percent from a year earlier, making it the largest gain in nearly seven years, according to report released on Monday Clarion Partners LLC to Buy Manhattan Office Tower for $225 Million
Clarion Partners LLC, a popular real estate investment managing firm is under contract to buy a vintage office tower near Union Square in Manhattan, New York City for around $225 million, according to Bloomberg. InterContinental Hotel Group Opens its 200th Hotel in China
InterContinental Hotel Group (IHG), the world's largest hotel group by room count, just inaugurated its two hundredth hotel in China, Tuesday May 28 marking thirty years of its presence in the country. John Hammons, Real estate Mogul Passes Away at 94 (VIDEO)
John Q. Hammons, one of the most prominent luxury hotels and resort developers in the U.S. breathed his last on Sunday, May 26 aged 94. He passed away peacefully at the Elfindale Manor Nursing Home in Springfield, Missouri, according to several media reports. General Growth Properties Bidding for Prime Manhattan Office Property
General Growth Properties, America’s second largest mall owning company is reportedly eyeing an exclusive commercial property in the Manhattan area of New York City. Climbing Escher- Style Stairway Loops at the London Design Festival 2013
For the London Design Festival, that is slated to be held from 14 to 22 September, dRMM, a famous architecture firm will be installing an almost “endless” wooden staircase, just outside St. Paul’s Cathedral in London. The project will be developed in association with Arup, a design engineering firm and the American Hardwood Export Council. Touring Nate Berkus Associates’ ‘Converted’ Chicago Headquarters (PHOTOS)
Interior decorator and television host Nate Berkus could best be described as “an angel who, with a wave of his hands, could transform any rubbish place into a cool, chic and an awesome area” and that is exactly what he has done to his design firm, Nate Berkus Associates headquarters in Chicago. Cuba Set to Get Luxury Golf Course Project; To be Designed by Tony Jacklin
It has been a long time since Fidel Castro, the Cuban Communist revolutionary, played a few strokes of golf with his radical counterpart, Che Guevara and fifty years since the former ordered all the golf courses to be shut down because he thought that the game was a hobby for the elites. However, times have changed and the island of Cuba has decided to cater to the demand of affluent tourists rather than comply with the late president’s orders. Cuba’s government has approved a luxury golf course project which will be designed by golfing legend, Tony Jacklin. St. John’s University Selling Manhattan Campus
St. John’s University in New York has agreed to sell its campus located at 101 Murray Street in lower Manhattan to a consortium of developers including famous builder, Steven Witkoff and real estate firm, Fisher Brothers for an amount that is expected to exceed $200 million. The consortium hopes to replace the building with condominiums, according to several media reports. A Look at Nominees of 2013 Doory Awards “Converted Homes” Category (PHOTOS)
Living in a completely renovated home, or rather, a converted home is a completely different experience. As the saying goes, “Cool is when vintage meets modern”, converted homes personify the saying quite perfectly.