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Zillow to Take Earnings Call Questions via Facebook and Twitter

Online real estate website, Zillow has revealed that it will take its quarter earnings call questions via social networking sites, Facebook and Twitter. This move makes the company the first public firm to ever take up earnings call questions on social media.

Update: Vornado Realty Trust Sells Stake in Boston Site to Millennium Partners

Vornado Realty Trust, a popular commercial real estate manager and REIT based in the U.S. has sold its stake in a site in Downtown Crossing, a small shopping district of Boston to Millennium Partners, another prominent commercial property firm.

New York’s Rockaway Courthouse to be Converted into Medical Facility

New York’s long abandoned Rockaway Courthouse will reportedly be restored and converted into a medical facility. The New York City Economic Development Corporation and Mayor Michael Bloomberg announced in a press statement that they had selected a developer, The Harmony Group to undertake the redesigning project.
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