Friday, November 10th, 2006
Vegas Developers Draw Wild Card: Spiraling Costs
Rising construction costs are prompting some Sin City Strip developers to hedge their bets and scale back.
As the NYSE Builds a Fortress, A Neighbor Calls It Bad Business
Few businesses have installed as many visible security measures since the 2001 terrorist attacks as the New York Stock Exchange. Now, one of its landlords, Vornado, says things have gotten out of hand and is demanding the Big Board fix the situation.
Dublin Docklands Are Doing Dandy And Are a New Cosmopolitan Hub
Ireland’s sizzling economy has fueled a building boom that is transforming the look of the largely low-slung region.
Silverstein Can’t Collect Funds For WTC Redesign, Judge Rules
A bid by the World Trade Center leasee for nearly $700 million in additional insurance payments to cover post-9/11 safety improvements has been rejected.
Houston’s Midtown Vision Falters As Redevelopment Project Lags
A group of locals have touted the urban promise of the city’s Midtown for two decades, but more than half of its 475 blocks are yet to be redeveloped.
Some Builders Feel Heat From Holders, Lenders
Many are suffering declining profits and sluggish sales. But some companies are experiencing more serious hurt — including pressure from activist shareholders, increasingly nervous banks and large layoffs.
Low Office Prices Draw Buyers in Indianapolis
Down-to-earth prices in the sector attract investors weary of sticker shock in bigger cities. A comparatively diversified economy has helped cushion the blow from losses in the city’s manufacturing sector.