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Friday November 20, 2009

New York Real Estate Market News

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Mon, 16 Nov 2009 17:57:00 GMT
Willis North America Names Joost as National Partner in New York (Insurance Journal)
  • Global insurance broker Willis Group Holdings has appointed Eric Joost as national partner, North American Specialties.  He will be based in New York.   In his new role, Joost will ...

  • Mon, 16 Nov 2009 15:34:00 GMT
    Fitch: Commercial Real Estate Exposure Credit Risk Higher for U.S. Mid-Size and Smaller Banks (Business Wire via Yahoo! Finance)
  • NEW YORK----Regional mid-size and smaller banking institutions have greater credit risks associated with declines in commercial real estate portfolio performance with downgrades likely for some of these banks, according to a Fitch Ratings review.

  • Mon, 16 Nov 2009 16:14:00 GMT
    Trepp Teams Up with The Rockport Group to Introduce a Real Estate Underwriting Model for CMBS (Business Wire via Yahoo! Finance)
  • NEW YORK----The Rockport Group and Trepp LLC today announced a major new enhancement to help provide greater transparency to the commercial real estate debt markets.

  • Sat, 14 Nov 2009 00:01:56 GMT
    NY City renters, landlord Tishman Speyer seek accord (Reuters via Yahoo! News)
  • Tenants in a vast New York City apartment complex and its owner, real estate private equity firm Tishman Speyer on Friday said they had opened talks to settle a rent clash, one day before a planned rally against the landlord.

  • Fri, 13 Nov 2009 18:10:51 GMT
    Porter Keadle Moore Enhances Service Capabilities Through Ties To Top New York Peer; Leading International Network of ... (dBusinessNews.com)
  • Atlanta - Atlanta, November 2009 – Porter Keadle Moore, LLP , an Atlanta-based accounting, tax and business advisory firm, has augmented its service capabilities and broadened its domestic and global reach thanks to the addition of a major New York firm to its international network.

  • Sun, 15 Nov 2009 18:16:37 GMT
    Kathryn Wylde: Why the Preemptive Break Up of Financial Institutions Would Be Bad for New York -- and America (The Huffington Post)
  • (Kathryn Wylde sent this letter to the New York Congressional Delegation on November 11, 2009). Dear Members of the New York State Congressional Delegation, The...

  • Thu, 12 Nov 2009 09:58:04 GMT
    LegalTech New York 2010 To Offer Full-Day ESI Litigation Technology Workshop By Kroll Ontrack (EnterpriseContentManagementConnection-ECM)
  • ALM's upcoming LegalTech New York 2010, the nation's largest and most prestigious legal technology conference and trade show, will feature a full-day, comprehensive workshop on Electronically Stored Information (ESI) litigation technology by Kroll Ontrack, the industry's largest provider of legal technologies solutions.

  • Wed, 11 Nov 2009 22:19:41 GMT
    Layoffs, telecommuting allow small businesses to downsize their real estate, save big bucks (Minneapolis-St. Paul Star Tribune)
  • NEW YORK - There's a downsizing trend under way at many small businesses: Moving to smaller offices because of shrinking staffs and as more workers telecommute.

  • Wed, 11 Nov 2009 20:44:00 GMT
    Knowledge@Wharton Presents the Second Real Estate Forum on December 11 at the New York Stock Exchange (Business Wire via Yahoo! Finance)
  • PHILADELPHIA----Knowledge@Wharton, the online research and business analysis journal of the Wharton School of the University of Pennsylvania, will present the second Knowledge@Wharton Real Estate Forum, The Road to Recovery: Investing in the Global Real Estate Rebound, which will be held at the New York Stock Exchange on December 11, 2009.

  • Wed, 11 Nov 2009 13:30:00 GMT
    Cadwalader Expands Real Estate Workout Practice with Addition of Susan E. D. Neuberg (Business Wire via Yahoo! Finance)
  • NEW YORK----Cadwalader, Wickersham & Taft LLP, one of the world’s leading law firms, announced that Susan E. D. Neuberg has joined the Finance Group of the firm’s Corporate Department, and will be resident in both the Washington D.C. and New York offices.

  • Tue, 10 Nov 2009 16:16:31 GMT
    New York Has Its Share of Losers. Feel Better? (New York Times)
  • Fans around the world who begrudge New York for its free-spending Yankees and cable money need to look at the city’s total sports picture.

  • Wed, 11 Nov 2009 10:06:00 GMT
    In or out of uniform, always a vet: A salute to New York City's veterans (New York Daily News)
  • That man or woman walking by on the street may not be wearing a uniform, but may well have served our country. They are the quiet heroes among us. Today, the Daily News takes a moment to salute New York City's veterans.

  • Fri, 06 Nov 2009 15:20:00 GMT
    Fitch Conference: Commercial Real Estate Decline & Negative Credit Effects; Muni Market Downturn (Business Wire via Yahoo! Finance)
  • NEW YORK----Fitch Ratings will host its annual Morning Credit Brief Conference on Tuesday, Nov. 17, 2009 at the Grand Hyatt in midtown Manhattan with a focus on the broad credit implications for the collapsing commercial real estate market.

  • Sat, 07 Nov 2009 15:33:00 GMT
    New York Legislative Bill Overlooks Necessary Business Costs in Public-Option for Land Title Insurance Proposal (Business Wire via Yahoo! Finance)
  • WASHINGTON----The American Land Title Association contended that hasty efforts in New York to create a government-run title insurer and displace the private sector in the real estate closing process would not produce the results asserted by proponents.

  • Wed, 04 Nov 2009 20:36:00 GMT
    Coventry Real Estate Advisors Files $500 Million Lawsuit Against Developers Diversified Realty (DDR); Coventry Asking ... (Business Wire via Yahoo! Finance)
  • NEW YORK----Coventry Real Estate Advisors today filed a $500 million lawsuit in the Supreme Court of the State of New York against publicly-traded Developers Diversified Realty for fraud, malfeasance, mismanagement, violation of fiduciary and contractual obligations and self-dealing in 12 retail real estate projects across the country where DDR provided management, leasing and development ...