District Judge Brian Morris of Montana said in a ruling Wednesday that the State Department must supplement its 2014 environmental impact study of the project to consider the new route. The Nebraska Public Service Commission rejected pipeline developer TransCanada's preferred route in November 2017, but approved a different pathway that stretches...
BEIJING, Aug 14- China's property investment growth accelerated to its quickest pace in nearly two years in July, driven by faster transactions and stronger developer appetite for land as funding conditions improved. Real estate investment rose 13.2 percent in July from the same period a year earlier, the fastest pace since October 2016 and higher than June's...
NEW YORK— The star witness in the trial of the ex-head of New York City's jail guards union testified Wednesday that he tried to demand attention from Mayor Bill de Blasio when he didn't think he was getting his money's worth from contributions to the Democrat's mayoral campaign. The witness, real estate developer Jona Rechnitz, came across at the corruption...
*Washington plans higher tariffs on $200 bn in Chinese goods. SHANGHAI, Aug 1- China's stock markets fell sharply in afternoon trade to end lower Wednesday, as anticipation of more measures to curb property prices hurt developer shares, and as the Sino-U.S. trade war looked set to escalate with the threat of higher U.S. tariffs. The smaller Shenzhen index ended down...
NYC still uses window air conditioning units when the rest of the country has central air.
Jim Cramer says the retail resurgence is boosting business at affiliated real estate investment trusts, but says he's not enthusiastic about REIT stocks just yet.
Jim Cramer says the retail resurgence is boosting business at affiliated real estate investment trusts, but says he's not enthusiastic about REIT stocks just yet.
Jim Cramer says the retail resurgence is boosting business at affiliated real estate investment trusts, but says he's not enthusiastic about REIT stocks just yet.
BEIJING, July 16- China's property investment posted its weakest growth in six months in June as developers faced fresh curbs and tighter funding conditions, with sales also slowing, in a sign one of the economy's key drivers was losing steam. "Developers have accelerated sales which has cushioned a sharper drop in real estate investment," said Yang Yewei, a...
BEIJING, July 16- China's property investment posted its weakest growth in six months in June as developers faced fresh curbs and tighter funding conditions, in a sign one of the economy's key drivers was losing steam. China's economy grew 6.7 percent in the second quarter from a year earlier, data showed on Monday. China's major government entities have...
CHICAGO, July 11- When the high-end property development Lake Las Vegas collapsed during the 2008 financial crisis, 31 funds that helped finance the project lost a total of $540 million. Highland ultimately convinced a Texas court that Credit Suisse had breached its contract and aided and abetted fraud in the deal, and the decision was upheld on appeal.
*Measures to dampen demand from home buyers. SINGAPORE, July 6- Singapore's surprise move to intensify property curbs marks the strongest cooling measures in the island nation in five years, putting a damper on a nascent resurgence in the housing market and posing risks to developers' margins. After nearly four years of price declines, home prices in Singapore...
*New law on apartments presales follows protests. *Changes seen hitting smaller housebuilders most. MOSCOW, July 2- A new law forcing Russian homebuilders to use bank loans to fund construction rather than relying on cash from selling homes before they are complete will add to costs and encourage industry consolidation, developers said.
HONG KONG, June 29- Hong Kong proposed a vacancy tax on empty new homes on Friday in an attempt to discourage developers from hoarding, but analysts expect the measure to have little impact on prices in a property market rated the world's least affordable. The tax translates to about 5 percent of a flat's value, the government said, adding it would need the...
HONG KONG, June 29- Hong Kong proposed a vacancy tax on empty new homes on Friday in an attempt to discourage developers from hoarding, but analysts expect the measure to have little impact on prices in the world's least affordable property market. The tax, at 200 percent of a newly built unit's rateable value, which is the estimated annual rental value of a property,...
HONG KONG, June 29- Hong Kong proposed a vacancy tax on empty new homes on Friday in an attempt to discourage developers from hoarding, but analysts expect the measure to have little impact on prices in the world's least affordable property market. The tax, at 200 percent of a newly built unit's rateable value, will need to be approved by the city's Legislative...
OSLO, June 28- Blackrock, the world's largest investment company, bought a 197.4 megawatt wind farm in western Norway through one of its funds and will cover its construction cost, the firm and the project's previous owner Zephyr both said on Thursday. The project will be built on the west coast of Norway, close to the city of Floroe and aluminium maker Alcoa will buy...
Jeff Blau, Related Companies CEO and partner, sits down with Diana Olick to give an update on Hudson Yards and how the future of cities will impact the future of working.
NEW YORK, June 18- The former president of the State University of New York's Polytechnic Institute went to trial on Monday on charges that he helped rig a 2013 bidding process for a billion-dollar development project intended to revitalize the Buffalo, New York, region. Prosecutors have said he helped fix bids for "Buffalo Billion," an economic development...
The station, which looms over Detroit's Corktown neighborhood, has stood empty since the last train left in 1988.
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