Real Estate
Apartment Nation: Trend to Multi-Family Housing Continues
By Peter Coy
March 20, 2012
The U.S. is a long way from Germany, where only 42 percent of families are homeowners. But construction of multi-family units is growing faster than construction of single-family homes—a trend confirmed today by the Census Bureau’s monthly report on residential construction.
http://www.businessweek.com/articles/2012-03-20/apartment-nation-trend-to-multi-family-housing-continues
Tuesday, March 20, 2012
USA Today: Housing starts drop in February, but building permits rise
USA Today
Housing starts drop in February, but building permits rise
By Derek Kravitz, Associated Press
WASHINGTON – U.S. builders are betting that the housing market is finally on the path back to health.
Housing starts drop in February, but building permits rise
By Derek Kravitz, Associated Press
WASHINGTON – U.S. builders are betting that the housing market is finally on the path back to health.
Fortune: The one number to watch for a housing recovery
FORTUNE
The one number to watch for a housing recovery
By Nin-Hai Tseng, Writer March 20, 2012: 5:00 AM ET
If you're waiting for home prices to go up, then you're missing signs the troubled housing market has finally turned around.
The one number to watch for a housing recovery
By Nin-Hai Tseng, Writer March 20, 2012: 5:00 AM ET
If you're waiting for home prices to go up, then you're missing signs the troubled housing market has finally turned around.
Friday, March 16, 2012
Copper Mining in Chile
Copper Mining in Chile
Katarzyna Staniewska / Chile
For many a century, mining – and especially copper mining – has played an important part in the Chilean economy. Chile’s copper mines are mostly situated in the Atacama Desert. As of now, they experience a boom due to the ever-increasing demand on copper worldwide. But while the mines of today are still expanding, in future decades copper recycling and substitution will make necessary a re-orientation of the Chilean economy.
Katarzyna Staniewska / Chile
For many a century, mining – and especially copper mining – has played an important part in the Chilean economy. Chile’s copper mines are mostly situated in the Atacama Desert. As of now, they experience a boom due to the ever-increasing demand on copper worldwide. But while the mines of today are still expanding, in future decades copper recycling and substitution will make necessary a re-orientation of the Chilean economy.
Thursday, March 15, 2012
CNNMoney: Foreclosures fall, but there's a 'rising tide' ahead
CNNMoney
Foreclosures fall, but there's a 'rising tide' ahead
By Les Christie @CNNMoney March 15, 2012: 9:07 AM ET
NEW YORK (CNNMoney) -- The number of homes entering foreclosure dropped in February, but a new up-turn may soon be on its way.
Foreclosures fall, but there's a 'rising tide' ahead
By Les Christie @CNNMoney March 15, 2012: 9:07 AM ET
NEW YORK (CNNMoney) -- The number of homes entering foreclosure dropped in February, but a new up-turn may soon be on its way.
Wednesday, March 14, 2012
U.S. solar and wind industries expand
USA TODAY
U.S. solar and wind industries expand
By Wendy Koch, USA TODAY
Despite last year's bankruptcies of several solar manufacturers, including government-backed Solyndra, the U.S. solar and wind industries continue to expand in the face of obstacles this year.
U.S. solar and wind industries expand
By Wendy Koch, USA TODAY
Despite last year's bankruptcies of several solar manufacturers, including government-backed Solyndra, the U.S. solar and wind industries continue to expand in the face of obstacles this year.
Thursday, March 8, 2012
Pacific Telephone Building Scraps Plans For Condos, Moves On To Office Space
http://sf.curbed.com/archives/2012/03/08/pacific_telephone_building_scraps_plans_for_condos_moves_on_to_office_space.php
Pacific Telephone Building Scraps Plans For Condos, Moves On To Office Space
Thursday, March 8, 2012, by Alex Bevk
Back in 2007, developers Wilson Meany Sullivan (of Ferry Building and One Powell fame) acquired the Timothy Pfleuger art deco skycraper at 140 New Montgomery Street. Known as the Pacific Telephone & Telegraph Building, the tower was one of the tallest skyscrapers on the West Coast at the time it was constructed in 1925. The developers had grand plans to renovate the building into luxury condos, and even got through the permitting and entitlements labyrinth in 2008. Unfortunately for them, the plans were hatched right before the recession, and the loss of funding cause the project to stall out for the past four years.
Pacific Telephone Building Scraps Plans For Condos, Moves On To Office Space
Thursday, March 8, 2012, by Alex Bevk
Back in 2007, developers Wilson Meany Sullivan (of Ferry Building and One Powell fame) acquired the Timothy Pfleuger art deco skycraper at 140 New Montgomery Street. Known as the Pacific Telephone & Telegraph Building, the tower was one of the tallest skyscrapers on the West Coast at the time it was constructed in 1925. The developers had grand plans to renovate the building into luxury condos, and even got through the permitting and entitlements labyrinth in 2008. Unfortunately for them, the plans were hatched right before the recession, and the loss of funding cause the project to stall out for the past four years.
140 New Montgomery: The More Things Change...
http://www.socketsite.com/archives/2012/03/140_new_montgomery_the_more_things_change.html
140 New Montgomery: The More Things Change...
Five years ago Wilson Meany Sullivan purchased the 26-story Pacific Telephone Building at 140 New Montgomery for $345 a square foot with plans to spend an additional $500 a square foot converting it from an office building to a five-star hotel and condominium tower, with a spa, restaurant and bar.
140 New Montgomery: The More Things Change...
Five years ago Wilson Meany Sullivan purchased the 26-story Pacific Telephone Building at 140 New Montgomery for $345 a square foot with plans to spend an additional $500 a square foot converting it from an office building to a five-star hotel and condominium tower, with a spa, restaurant and bar.
Tuesday, March 6, 2012
Bloomberg: Euro-Region Economy Shrank in Fourth Quarter as Investment, Exports Fell
Bloomberg
Euro-Region Economy Shrank in Fourth Quarter as Investment, Exports Fell
By Gabi Thesing - 2012.03.06 03:03 AM
Europe’s economy contracted in the fourth quarter as investment declined by the most since 2009 and exports and consumer spending dropped.
Euro-Region Economy Shrank in Fourth Quarter as Investment, Exports Fell
By Gabi Thesing - 2012.03.06 03:03 AM
Europe’s economy contracted in the fourth quarter as investment declined by the most since 2009 and exports and consumer spending dropped.
Monday, March 5, 2012
USA Today: Survey finds uptick in economic optimism
USA Today
Survey finds uptick in economic optimism
By Christopher S. Rugaber, The Associated Press
The U.S. economy is improving faster than economists had expected. They now foresee slightly stronger growth and hiring than they did two months earlier.
Survey finds uptick in economic optimism
By Christopher S. Rugaber, The Associated Press
The U.S. economy is improving faster than economists had expected. They now foresee slightly stronger growth and hiring than they did two months earlier.
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