New Life for Skyscraper: A $1 billion financing package from Asia has cleared the way for one of Manhattan’s tallest skyscrapers and new gallery space for the Museum of Modern Art, the latest example of a comeback by New York projects sidelined in the downturn.
Investors Dive Into Mortgage Bonds: Investors are snapping up debt issued by Fannie Mae and Freddie Mac five years after the companies’ taxpayer-funded rescue, the latest sign that housing risk is no longer a four-letter word on Wall Street.
Saturday, November 2, 2013
Real-Estate News: Land Prices Hit the Brakes
The Wall Street Journal blog has the details.
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