Real Estate Leasing
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Diplomats: North Korea seeks hike in embassy rent
Mar 12, 2010 04:02 EST
Diplomats say North Korea demands 20 percent hike in rent for foreign embassies. North Korea has demanded a hike in rental fees for embassies and international organizations in Pyongyang, diplomats said Friday, in what could be a move to raise foreign currency amid tightened international sanctions.
Realtors give commercial real estate outlook
Feb 23, 2010 18:27 EST
Realtors group: No meaningful recovery expected in commercial real estate this year. The commercial real estate market is not expected to recover this year, with vacancy rates set to rise and rents forecast to fall, the National Association of Realtors said Tuesday.
Real estate firm sees few signs of Dubai rebound
Feb 03, 2010 09:19 EST
Slim hope seen for upturn soon in Dubai property; office rates fell over half in a year. Dubai's battered real estate market got more bad news Wednesday when a leading property company said it saw little hope soon of a rebound after office leasing rates plunged more than half in a year.
SL Green posts 12 percent gain in 4th-quarter FFO
Jan 25, 2010 19:32 EST
SL Green Realty posts 12 percent gain in 4th-quarter funds from operations. Manhattan office property owner SL Green Realty Corp. on Monday said fourth-quarter funds from operations rose 12 percent despite lower revenue, after the sale of discontinued operations last year weighed on results.
Manhattan office market hit badly in 09: study
Jan 12, 2010 13:06 EST
Manhattan office leasing rates fell to their lowest in a decade in 2009 as the US economy ran into deep trouble, New York's leading commercial real estate company said Tuesday.
NY claims $12M in savings on property leases
Dec 31, 2009 12:14 EST
NY claims $12 million savings from retooling leases in soft real estate market, moving workers. Landlords beware. New York officials say they're retooling leases for state agencies in the economic downturn's soft real estate market and have squeezed out almost $12 million in savings since April.
NY's Stuyvesant Town tenants, landlord reach deal
Dec 14, 2009 15:24 EST
NEW YORK (Reuters) - The landlord and tenants of a vast New York City apartment complex have reached an interim rental agreement for 4,000 apartments hit with illegal rent increases, attorneys for the two sides said on Monday.
Pa. residents sue gas driller over polluted wells
Nov 20, 2009 20:36 EST
Pat Farnelli says there's something in the water at her house. The last time she drank it, she says she vomited four times. It's made her children sick, too.
Pa. residents sue gas driller over polluted wells
Nov 20, 2009 20:36 EST
Northeast Pa. residents sue Houston-based natural gas driller over polluted water wells. Pat Farnelli says there's something in the water at her house. The last time she drank it, she says she vomited four times. It's made her children sick, too.
LA Clippers owner agrees to pay $2.73 million
Nov 03, 2009 21:50 EST
LA Clippers owner agrees to pay record $2.73 million to settle housing discrimination lawsuit. Los Angeles Clippers owner and real estate mogul Donald Sterling has agreed to pay a record $2.73 million to settle allegations by the government that he refused to rent apartments to Hispanics, blacks and to families with children, the Justice Department announced Tuesday.
La. would rent offices from Saints head under deal
Jun 18, 2009 20:45 EDT
La. state government would lease office space from Saints owner in deal to keep team in state. Louisiana's government would lease office space from the owner of the New Orleans Saints as part of a deal to keep the team in the state.
Deal to keep Saints in La. sails through Senate
Jun 18, 2009 18:04 EDT
Senate passes integral piece of deal to keep New Orleans Saints in La. through 2025. The Louisiana Senate has approved an essential part of Gov. Bobby Jindal's deal to keep the New Orleans Saints in the state.
Tory MP claimed 'rent from own company'
Jun 16, 2009 20:00 EDT
A Conservative MP claimed more than 50,000 pounds in taxpayer expenses to rent a flat from a company that he chairs, in the latest revelations in the expenses scandal, reports said Wednesday.
Saints deal bill wins La. House passage
May 28, 2009 12:16 EDT
Saints deal moves ahead as La. House passes bill that lets state lease space from team owner. The Louisiana House has approved a central piece of Gov. Bobby Jindal's deal to keep the New Orleans Saints in the state.
Assemblyman seeks unlikely title: Victim
May 04, 2009 20:00 EDT
Arberry, no real estate novice, sues his lender. In his lawsuit against Countrywide Home Loans, Las Vegas Assemblyman Morse Arberry portrays himself as naive to the cutthroat ways of the mortgage business.
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