Roth, 75, Vornado’s chairman and chief executive officer, has described improving the area as the real-estate investment trust’s “Big Kahuna.’’
The agency has been looking at whether broker price opinions were wrongly inflated, and similar letters were sent to other companies, potentially serving as a starting point for an industry-wide probe.
Pershing Square is the largest single shareholder in Howard Hughes, the owner of real estate including master-planned communities that Ackman helped spin off from General Growth Properties .
Sales of industrial properties grew by 3.0 percent in the first quarter of 2017 compared to the same period a year ago, to $13.9 billion, according to New York City-based research firm Real Capital Analytics.
Minimum investment amounts, stricter oversight and reclassification of targeted employment areas are on the debate agenda.
Brownfield projects can be rewarding, but you have to be able to execute on four important elements.
A big surprise this year was the introduction of Raleigh, N.C., a market that had not been included previously.
First-quarter transaction volume totaled $94.8 billion, an 18 percent year-over-year decline, according to data from Real Capital Analytics.
Icahn's property tax appeals for Atlantic City properties now total 10.