MetLife and Colorado's UDR Will Build San Francisco Tower

A big (42 story, 447 unit, $317 million) residential move.

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Rouse Rounds Up Two More Malls

The big NYC mall REIT buys centers in Richmond, Va., and on Maryland's Eastern Shore.

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CBRE's Alleged Postal Conflicts of Interest

The Huffington Post posts an excerpt from the book alleging that Chairman Richard Blum used undue influence as well as questionable practices in advising the U.S. Post Office in its real estate sales.

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Looking Ahead to Thursday . . .

. . . we will be talking about Hilton, UBS, and, via a Reuters opinion piece, affordable rentals.  And two you may have missed from yesterday, stories on a lease renewal downtown, and billionaires.

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A REIT Spins Off, Public Offers, and Looks to Buy

New York's NorthStar Realty Finance Corp. spun off part of itself on Monday, and yesterday announced it intends to offer a bunch of stock to finance at least one planned acquisition.

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Two More Wednesday Items ...

  • Posted at 11:55, December 11, 2013
  • By QuidnuncRE Staff

....before Thursday takes over.  A lease on Park Avenue South, and a Cushman & Wakefield absorption-of-space report.

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How High Do Related's Tax Breaks Go?

In addition to concessions on its Willet Point joint venture, Related Cos. has received a big city tax break--$76.5 million now, on top of $328 million in October--for the Hudson Yards on the West Side.

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What's the Latest on Willets Point? UPDATED at 11:30 pm

The private developer got the NYC tax break it asked for.  Details on the effects of the $42 million city concession in the Daily News, along with links to the city's and the developer's plans.

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What's Kimco's Latest Offering?

A report that the New Hyde Park, N.Y., REIT is selling a fund's portfolio.

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ICYMI, Our Visit to the ICSC Overview Session

We listened in on the future-of-retailing session and summarized the remarks of a panel of International Council of Shopping Center experts yesterday on Quidnunc.  Here's a compilation of our four-part report.

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Unions Blasting City's 'Corrupt Real Estate Management Practices'

A false start at noon previewed a show apparently scheduled for the 1 p.m. hour in which the Communications Workers of America Local president and the Transport Workers Union president are sending off Mayor Bloomberg with jeers over the MTA's development giveaways.

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More Panels Talking about the Real Estate Future

Two GlobeSt.com reports on panels of "heavy hitters" trying to get a handle on the future of NY real estate.  And more on Atlantic Yards. ...

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Going in Deeper on those Bankrupt South Bronx Garages

Daily News columnist Juan Gonzales says that new tax breaks to redevelop the parking lot disasters by Yankee Stadium into a new soccer stadium is another questionable city developmental giveaway.

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Your First Take on Wednesday -- Updated!

  • Posted at 1:35, December 11, 2013
  • By Quidnunc Staff

A big New York Times story on the progress for developing the rotted piers on the West Side. And a bunch more wheeling and dealing reported in the New York Post.

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Is the Residential Rental Market Easing?

Yes in Manhattan, no in Brooklyn, according to the new November Elliman Report.

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