Commercial
Time Warner Considering Sale of its New York Headquarters
London’s Legendary Smithfield Marketplace to be Redeveloped
Pershing Square in LA to Get Major Makeover
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
"The Grand Central Station" celebrated 100 years of its standing glory on February 1, 2013. The Famous building is the largest station in the world with 44 high end platforms and 67 tracks. New Yorkers celebrated their beloved building's birthday with much pomp and glory. New Construction Increased by 6 percent Annually, says Report
In a recent report analyzed by McGraw Hill Construction, it was revealed that the number of new construction went up significantly in December 2012 after a gloomy period of the previous two months. The total rate of construction also went up by 6 percent over the year. AGC Report: Private Sector Demand Boosts Construction Employment in America
In a recent study conducted by the Associated General Contractors of America (AGC), it was revealed that private sector construction demands bolstered the creation of construction jobs in a number of metropolitan areas across the country. However, some areas are still suffering due to low public sector and commercial construction demands. Kenya to Welcome New Silicon City, Construction Plans Unveiled
Plans of building a brand new Tech-hub on an empty 5000 acre Savannah, just 37 miles south-east of Nairobi were revealed by the President of Kenya on January 23, 2013. The project is a 14.5 billion plan that will take around 20 years to complete. The project is expected to generate 200,000 jobs by 2030. Chris Bosh Puts up Pacific Palisades Home for Rent
The Power Forward of Miami Heat, Chris Bosh has reportedly put up his Pacific Palisades property for rent and is asking for a monthly charge of $45,000. Bosh and his wife purchased the Mediterranean style property in 2012 for $9.4 million. New York’s Plaza Hotel Sold to Indian Conglomerate Sahara Group
Kingdom Holdings Group, headed by Saudi Arabian Prince- Prince Alwaleed bin Talal has reportedly sold 75 percent of the hotel's stake to an Indian Conglomerate- Sahara Group, owned by Subrata Roy. The Plaza hotel remains one of the significant landmarks of the city. Bangkok Gears Up to Get its Tallest Skyscraper
The ultra-modern "Sin City" of Asia, Bangkok is all geared up to welcome its tallest building - the MahaNakhon. The building will be a luxury mixed-use skyscraper towering at a height of 314 meters with 77 floors. The place will also feature Ritz Carlton apartments and a boutique hotel designed by Ian Schrager. Builders Bank on Office Spaces to See Through Sluggish Phase
Real estate firms are optimisti c about building more office spaces as they hope to rope in companies whose office building leases are set to expire. Though the office market has been sluggish of late, hopes are high on the new building construction. New York LaGuardia Airport Hotel Traded for $22 Million
The LaGuardia Airport Marriott Hotel in New York has sold for $22 million, almost one third of its sale price in 2007. The 438 room hotel was acquired by a real estate investing firm, Rubicon Cos. Google Purchases Plot in London for $1 Billion to Build New Headquarters
Google Inc. has purchased a 2.4 acre plot on the Kings Cross Central Plot for $1 billion.Construction is expected to start in late 2013 and is slated to be completed by 2016.
