NYT Company to go bankcrupt or public-to-private by the end of 2012 (At the latest! Check revolving credit due dates for relevant deadlines)

REVISED1. Tribune Company going bust: there's a surprise. I wonder what it's going to do to NYT Company stock and commercial paper, news of Tribune company probably going bust? (There was one of these little mini-rallies in the markets so not a good day to judge but they're still under $8.) [more...]

Date: 2008-12-08 12:11:00

Blog posts (8) | Videos (1)
 

More Manhattan Real Estate Woes: Commercial Tenants Flee to Brooklyn

One borough's loss in another's gain. Despite the general deterioration in the New York City economy thanks to plunging financial services ... , according to Cushman & Wakefield, the commercial real estate concern. At least nine Manhattan companies ... employment, the downtown Brooklyn real estate market is reportedly getting tighter as cost [more...]

Date: 2008-11-05 06:02:09

Eemar’s $40 Billion Crescent Bay in Karachi Pakistan: NPR

The population of Karachi is estimated at anywhere from 12 million to 18 million - and counting [more...]

Date: 2008-06-09 04:48:29

Irvine Co. announces first layoffs in 16 years

Irvine Co. headquarters in Newport Beach (Updated to add links, photos, more details and background.) The Irvine Co ... its portfolio by investing in commercial real estate in Silicon Valley, Los Angeles and San Diego ... . The company had been conservative in filling vacant positions since the housing downturn began, the memo [more...]

Date: 2008-09-19 23:12:46

MTI Shows Off Fuel Cell With Removable Cartridge

Fuel cell maker MTI Micro has a habit of making a lot of little announcements on its long march toward commercialization, which won’t happen til the end of 2009. The Albany, N.Y.-based company — a subsidiary of MTI — ... ’s roadmap for moving into the largely empty fuel-cells-for-gadgets market — and, more importantly [more...]

Date: 2008-12-10 19:05:34

commercial building super in midtown manhattan killed in freight elevator fail

from the NEW YORK TIMES:   Faulty Switch on Freight Elevator Is Suspected in Building Worker’s Fatal Fall     By RAY RIVERA Published: September 13, 2008 The inquiry into the death of a Manhattan building superintendent who fell five stories ... by Broadway 36th Realty, according to city records. Company officials could not be reached for comment [more...]

Date: 2008-09-14 05:03:01

Commercial brokerage claims victory in proxy war

Santa Ana-based Grubb & Ellis has issued a statement claiming that it won a proxy fight with a former company chairman ... Grubb & Ellis posts … Unpaid loans part of nasty real estate fight O.C. property broker cuts ... s second-largest stockholder. Thompson founded a commercial real estate investment firm, NNN Realty [more...]

Date: 2008-12-04 22:12:08

Malls, hotels next victims in new mortgage crisis

"We're probably in the first inning of the commercial mortgage problem," said Scott Tross, a real estate lawyer with Herrick Feinstein in New Jersey ... some of the $700 billion financial bailout to buy shaky investments from banks and insurance companies [more...]

Date: 2008-11-28 23:22:18

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