The towering display of quilts in the Drill Hall of the Park Avenue Armory Thursday night managed to dwarf even the 6-foot-4 frame of Citigroup Inc. Chairman Richard D. Parsons .
Garrett Kelleher, the Irish developer trying to restore Chicago’s status as home to the tallest building in the U.S., has one last chance to keep his dream alive.
New York’s Metropolitan Transportation Authority may allow Related Cos. to start work on the first tower in its Hudson Yards project on Manhattan’s west side without a formal financing deal in place.
CommonWealth REIT’s dispute with shareholders over company bylaws and alleged wrongdoing by its board must be resolved through arbitration, a Maryland judge ruled.
Time Warner Inc. sold its headquarters space at Time Warner Center in New York City’s Columbus Circle for $1.3 billion to a group led by Related Cos., with plans to move to the developer’s Hudson Yards project.
Prudential Financial Inc. said a joint venture including the insurer’s real-estate arm purchased property in Manhattan’s Chelsea neighborhood for $160 million.
Related Cos., the developer of Manhattan’s Time Warner Center, said it closed its first distressed real estate fund after raising $825 million.
"There is simply no conflict of interest."
- Joanna Rose on Mar 13, 2014