Investing

Chinese Economy Slows to Near 3-Year Low, Property Sector Deflating [PHOTOS]

China's economy grew at its slowest in nearly three years in the first three months of 2012, with a weaker than expected reading raising investor concerns that a five-quarter long slide has not bottomed and that more policy action would be needed to halt it.

One57 Gets Glassy: Photos Of Midtown's Newest Supertall Skyscraper [PHOTOS]

Extell's 1,004-foot tower in Midtown is finally getting its glass. Midtown Manhattan's much-awaited 1,004-foot One57 residential tower hasn't topped out yet, but the first dozen or so floors have already gotten their glass façade (although some of the blue panels appear to still have their protective pastic coating).

AIG Returns To U.S. Real Estate Investment

American International Group Inc., the beleagued insurance company that was brought to its knees by the subprime mortgage collapse, is re-entering U.S. real estate investment later this year.