Philly Office Market Defies Curse
Thursday, September 25th, 2008So far Philadelphia’s commercial real-estate leasing market has held steady in the midst of the economic carnage.
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So far Philadelphia’s commercial real-estate leasing market has held steady in the midst of the economic carnage.
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Cash-flow projections for commercial properties are being scaled back in anticipation of a greater economic slowdown.
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The home-buying process in New Jersey proved more difficult than Neal Templin expected.
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Libraries have become fashionable. Rather than being about books, their appeal is about creating a certain ambiance.
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Rebuilding Ground Zero is arguably the greatest political and bureaucratic fiasco in the history of the world. Planner Edward J. Logue would have provided the leadership that the 9/11 site needed desperately and never had.
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There’s no guarantee that the housing market will turn around soon—but some builders are offering discounts that make it worth jumping now. June Fletcher offers tips on how to negotiate for a great deal.
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Hong Kong property tycoon Vincent Lo made his name and fortune riding China’s real-estate boom, and now he sees opportunity as the market stumbles.
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Shares of Fannie Mae and Freddie Mac plunged amid concerns that the providers of funding for U.S. home mortgages won’t be able to avoid a government bailout.
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Toll Brothers said the market for new homes remained weak in its latest quarter, but CEO Robert Toll said the luxury homebuilder sees “growing pent-up demand” for people who have delayed buying the past three years.
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Japanese property developer Urban filed for court-led rehabilitation when it collapsed with $2.34 billion in liabilities, becoming the nation’s biggest corporate failure so far this year.
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