What's New York Homeowners' Takeaway from Today's Mortgage Settlement?

The Consumer Financial Protection Bureau and the states get a $2 billion settlement out of a Florida mortgage servicer for, among other things, robosigning. New York victims are expected "to fare particularly well."

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Updated at 1:56: Citigroup Stays Put Downtown

  • Posted at 1:56, December 19, 2013
  • By Quidnunc Staff

The Wall Street Journal is reporting that the financial services giant will keep its giant Tribeca space in a new lease through 2035.

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What's Tishman Speyer's Biggest Lease Deal Ever?

Green Towers Brasília

It happened this week, in the capital of Brazil, three years into the construction of a new office building complex.

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Cali REITs Combine

  • Posted at 1:06, December 19, 2013
  • By Quidnunc Staff

Two multifamily developers in Northern California will become a $15 billion publically traded real estate investment trust.

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New York Investors Do a DC Deal

An ideally located downtown Washington office building is sold for $52.75 million.

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. . . Supply Will Slow that Rent Growth Rate Soon.

A just-out CBRE projection on multi-housing developments says that strong growth rates in rents actually are lower than what we have been seeing since the real estate services firm says the recovery began in 2010.

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Home Sales Down. But . . .

The National Association of Realtors’ monthly report says that interest rates and low supply are sending rates up.

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866 United Nations Plaza Has Moved On

  • Posted at 10:44, December 19, 2013
  • By Quidnunc Staff

866 United Nations Plaza, from Costar Group

The deal announced early last month for a First Avenue building owned by Vornado has closed.

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Thursday's Real Estate News Right Now

Assessments of Mayor Bloomberg adorn the tabloids, and there are new reports of strong recovery in housing value and building activity. Barney's is re-opening its old flagship store. And much much more for a busy real estate Thursday.

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Evening Roundup

Three deals, one deal stopped by community opposition and a lawsuit, and a mega comes on as the leasing agent.

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The Stimulus Ain't Over.

The Federal Open Market Committee indeed does taper.  But modestly.  And says it will hang tough even if employment drops below 6.5%. Updated at 4:20 p.m.

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This Week's Mortgage Report

Rates are up.  Applications, accordingly, are off.

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Westfield Will Be Having a Big (Multi-)Block Party

A computer rendering of the new Fulton Street Transit Center

The Australia mall giant expands its retail reach east, from the World Trade Center, to Broadway.

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Three Morning Stories. ...

  • Posted at 11:33, December 18, 2013
  • By Quidnunc Staff

. . . on Brooklyn developments commercial and residential. And a Manhattan real estate investment firm invests in other Manhattan real estate and will move to it.

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Wednesday's Early Look

  • Posted at 2:01, December 18, 2013
  • By Quidnunc Staff

A midtown developer goes heartland, the rundown Park Avenue corner on E. 125th is ready for its makeover, and more in Wednesday's papers, ready for your eyes now.

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