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Edition: U.S. / Global

Thursday, March 19, 2015

Commercial Real Estate

Streetcar Revival Is Wavering in Some Cities

While several cities inaugurate new systems or expand older ones, the streetcar revolution, faced with fiscal and operational challenges, has stalled elsewhere.

Recent Commercial Transactions

Notable properties that have been recently listed for sale, sold or leased in New York City.

Square Feet

Bon Appétit Moves to a New Home and Into the Kitchen You’ve Always Wanted

Condé Nast, which owns the magazine, last year began relocating some brands from 4 Times Square to 1 World Trade Center, which includes a 2,126-square-foot kitchen.

Recent Commercial Transactions

Notable properties that have been recently listed for sale, sold or leased.

Mall Owner Simon Property Bids for Rival Macerich to Aim at High-End Shoppers

Shares of Macerich were trading above Simon’s hostile bid, suggesting that some investors believe the final price will go higher.

Hotel Market Staggers in New York City

After years of growth, the city underperformed almost every other top market in January, but analysts are wary of declaring the start of a troubling trend.

Recent Commercial Transactions

Notable properties that have been recently listed for sale, sold or leased.

The 30-Minute Interview James R. Wacht

A Conversation With James Wacht of Lee & Associates

Mr. Wacht is the president of Lee & Associates NYC, a commercial real estate brokerage firm and is also an owner of Sierra Real Estate, a property management company.

The 30-Minute Interview

A Conversation With Lester Petracca of Triangle Equities

Triangle Equities, a developer based in Whitestone, Queens, owns and operates more than a million square feet of commercial and residential property mainly in the boroughs outside Manhattan.

The 30-Minute Interview

A Conversation With Winston C. Fisher

Mr. Fisher is a partner of Fisher Brothers, a family real estate company, with around 1.5 million square feet of space under development, largely in Manhattan and Washington.

DCSIMG