Raymond Kelly is headed to the private sector to run a new division for Cushman & Wakefield that will advise clients of the commercial real estate firm on how to protect themselves from terrorism, crime and other threats.
Many retail landlords in emerging-market countries have become experts in marketing, pricing, leasing and even public relations as they grapple with sharp currency devaluations or spikes in interest rates.
Turkey's currency is tumbling, investor confidence eroding and interest rates soaring amid a stalling economy, splashy corruption headlines and a volatile political situation. But hotel development is booming.
The conversion of a long-shuttered office building into apartments for low-income senior citizens soon will start accepting residents, marking a milestone in the city's efforts to transform one of its poorest areas.
An improving economy and rising home values have helped reduce demand for mortgage modifications, but options still exist for borrowers of jumbo loans who might find themselves unable to make their monthly payments.
The $19 billion Facebook-WhatsApp deal illustrates the small financial size of the World Bank, IMF and UN. Yet we rely on them to limit the fallout from global economic crises, sustain development, and preserve global peace.
After a record number of wildfires, intrepid homeowners are rebuilding with an array of fire-resistant materials, design and landscaping, like polished concrete floors, aluminum-framed windows and river rock beds: the 'no-wood' mantra.
Commercial real estate development is starting to make a noticeable comeback. While developers sat on the sidelines in 2009 and 2010, many who survived the recession are back in a big way, making a difference brick by brick, block by block.