Daily News Channel
The Middle East may be the most hyper-sensitive piece of real estate on earth, where no more than a stray word or gesture can trigger an explosion. JERUSALEM (CNN) — The Middle East may be the most hyper-sensitive piece of real estate on earth, where no more than a stray word or gesture can trigger an explosion
Comedian Joan Rivers and real estate mogul Donald Trump — that’s a twosome never known for mincing their words. Trump selected Rivers as this season’s winner of “The Celebrity Apprentice,” and they appeared on “Larry King Live” Monday night, full of their classic candor.
Julia is a mess. In her shiny green dress she staggers through a crowded L.A
India’s giant Tata conglomerate, whose subsidiary Tata Motors just successfully launched the $2,000 Nano, the world’s cheapest car, is ready for an encore: ultra-cheap homes. Tata Housing Development, the real estate arm of the giant Tata group, is poised to start building apartment-style homes priced from $7,800 to $13,400 in a township being planned at Bhoisar, an industrial suburb located 31 miles north of Mumbai. Like the Nano, which was designed to bring some middle-class comforts to the masses, the homes are geared for the hundreds of millions of Indians making less than $5,000 a year who are unable to afford decent dwellings
The recession has been good to McDonald’s. As consumers trade down to cheaper, faster food on the go, McDonald’s has kept up its growth during the downturn. Same-store sales rose 4.3% for the quarter that ended March 29
The bailout may be coming to your local mall. The credit crunch has thus far focused on the residential mortgage mess. But with $1.3 trillion in loans to shopping centers and other commercial properties coming due between now and 2013, another time bomb is ticking
The FBI and the Department of Justice unveiled Operation Malicious Mortgage last week, a nationwide bust that produced more than 400 arrests over the past three months for fraudulent home-loan schemes. In South Florida alone, more than 100 people have been arrested since last September, including 19 just last week
The economy in southern New Hampshire is not by any means among the worst in the nation. Still, according to city records, there are 29 foreclosed homes on the books in Nashua — many of which are in deplorable condition
Over the last few months, Dubai’s glittering skyscrapers have been diminished by the alarms about the emirate’s economic woes. The news has not been easy to take for the showpiece city-state, the most populous among the seven sheikdoms that make up the United Arab Emirates
In most large American cities there are office buildings which sit half finished in their financial districts. There are still huge cranes next to some of them. If the construction on a site ended months ago, there is nothing left beyond the skyscraper skeleton and a security fence to keep vandals out.