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Commercial Renters Have a New Worry: A Landlord’s Default
Tenants could be at risk of losing their space or money if the building’s owner defaults on a mortgage.
Square Feet
San Diego Reinvents a Fading Quarry
An old sand and gravel pit will be redeveloped to include multifamily housing units, retail shops and some commercial office space.
Ventures
Big Dividends, in a Dangerous Terrain
Exchange-traded funds specializing in real estate can offer some tantalizing returns — or the bottom could fall out of them.
Square Feet
Towers in Manhattan Gather Heat from Power Generators
A small but growing number of commercial landlords in New York are installing energy-efficient power stations in their buildings.
Fordham Reaches a Compromise on Its Expansion Plans
The university has scaled back a proposal to put about 3 million square feet of classroom, office and dormitory space on its campus near Lincoln Center.
F.D.A. Consolidates at Former Navy Site
The Food and Drug Administration will consolidate its previously scattered labs and offices into a sprawling, $1.15 billion compound in suburban Washington.
Spotlight
Commercial Auctions Expected to Rise
One segment of the real estate market is actually booming these days: the auction business.
DealBook
Boston Steps In as Foreclosures Pound Neighborhood
In the hardscrabble Dorchester neighborhood, Boston has begun to buy foreclosed homes in an effort to redevelop them and stanch the area’s decline.
Long Island
Another National Builder Drops Out
Pulte Homes of Bloomfield, Mich., one of the nation’s largest residential builders, has sold back its Long Island interests to the builder and developer it bought them from.
Posting
A Cleaner Way to Keep the City Running
A new building with affordable rents in the Bronx will be powered partly by 10 wind turbines, which should cut its utility bills for common areas in half.
Big Deal
The Fourth Quarter Puzzle
Though brokers and analysts say that prices on contracts signed in the last few months have fallen sharply, the decline has not yet worked its way into the official records.
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