A shakeout in commercial real estate

Courtesy Marketplace  Mon, 01/25/2010 - 12:03

After failing to reach an agreement with its lenders, a development company has walked away from the massive apartment complex Stuyvesant Town.

Alisa Roth reports this scenario is playing out all over the country.


 

Related items

5 people who peek at your credit
It's not just lenders who check your credit scores. Bad scores can also make it costlier to get insurance, an apartment or a cell phone -- and harder to get a job.

One closed Borders is another retailer's new location
One year ago, Borders declared bankruptcy and began the process that would lead to the total shutdown of the chain -- which in turn made available tons of commercial real estate. Now other...

Home building spikes higher
Home building spiked up in November to the strongest level in almost two years, as record-low mortgage rates and a surge in apartment and condo construction lifted activity.

CCENT/CCNA ICND1 Official Exam Certification Guide,...
CCENT/CCNA ICND1 Official Exam Certification Guide Second Edition   Master ICND1 640-822 exam topics with the official study guide Assess your knowledge with chapter-opening quizzes Review...

The Unwritten Rules of the Highly Effective Job...
The Proven Program Used by 600,000 Job Hunters! You put hours and hours of hard work into your job search and the companies you've contacted never call. It's a story all too common in the...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
money-employment.marc8.com