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Pension Funds Take Big Risks For Reasonable Returns
News

Pension Funds Take Big Risks For Reasonable Returns

... pension fund, the California Public Employees’ Retirement System, has one-fifth of its assets in bonds and only achieved returns of ... .4% last year, despite a 7.5% target rate, the Wall Street Journal reports. To make up the difference, pension funds ...

Jun 01, 2016
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Department Stores Need To Shut Down Hundreds Of Sites To Regain Profitability
News

Study: Department Stores Need To Shutter Hundreds Of Sites To Stay Afloat

... around 800 department stores must close—that’s nearly a fifth of all anchor space in US malls. And some retailers ... the sales per square foot it had in 2006, the Wall Street Journal reports. Many retailers seem to be heeding the ...

Apr 25, 2016
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handshake
News

The Amicable Split Of Two Major NYC Real Estate Families

... . It ended amicably and was handled out of court, the Wall Street Journal reports. “Everyone had to be reasonable,” Jody Durst ... and 855 Sixth Ave, and a condo conversion at 1212 Fifth Ave. Jody Durst told the WSJ that the parting of ...

Apr 12, 2016
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Gavel
News

Proskauer, Chadbourne Not Liable For Ponzi Scheme

... $7B Ponzi scheme perpetrated by R. Allen Stanford, ruled the Fifth Circuit Thursday. Some 18,000 victims of the Ponzi scheme ... defense, without making themselves liable for damages," according to the Wall Street Journal. Two years ago, the US Supreme Court ...

Mar 11, 2016
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16 Things You Need to Know This Morning
News

16 Things You Need to Know This Morning

... MORNING Sharp Capital's LA Apartments Already 35% Leased Park Fifth Scheduled for April Groundbreaking Prana Investments Buys 2 Buildings in ... in CA This Self-Storage REIT Is Killing It on Wall Street The Huge and Hideous Beverly Center Is Getting a ...

Feb 17, 2016
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This Week's NY Deal Sheet
News

This Week's NY Deal Sheet

... is doubling its office space at Silverstein Properties’ 120 Wall St (pictured) by adding 110k SF to its lease ... neighborhood. *** Israeli-Russian billionaire Boris Kuzinez has purchased 260 Fifth Ave from Renaissance Properties for $59M. *** Cubesmart LP has ...

Feb 09, 2016
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Larry Silverstein
News

Larry Silverstein

... and residential properties throughout NYC, including 120 Broadway, 120 Wall Street, 529 Fifth Avenue and 1177 Avenue of the Americas. Larry is ...

Feb 01, 2016
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Pennsylvania Avenue Named One of America’s Most Expensive Streets
News

Pennsylvania Avenue Named One of America’s Most Expensive Streets

... comes in behind other iconic thoroughfares like New York’s Fifth Avenue, which came in at No. 3 and Fairfield County ... Sand Hill Road on the San Francisco Peninsula. Dubbed “the Wall Street of the West,” average rent for 2015 is $141 ...

Nov 19, 2015
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$1B PARTNERSHIP; THE DEAL SHEET
News

$1B PARTNERSHIP; THE DEAL SHEET

... , which includes Olympic Tower (645 Fifth), the Versace Building (647 Fifth), the Cartier Building (653 Fifth), and 10 E. 52nd St. ... Jonathan Fein, and Carlos Suarez repped owner Savanna.***100 Wall St saw two deals: Blackwall Capital Market’s eight-year ...

May 14, 2012
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THE DEAL SHEET
News

THE DEAL SHEET

... its acquisition of the retail condo at 666 Fifth Ave for $707M. The condo is home ... side of 13th Street between University Place and Fifth Avenue, for $32M. The sellers included ... s 10-year, 12k SF renewal at 100 Wall St (tenant rep: Newmark Grubb knight Frank’ ...

Dec 11, 2012
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