In a major step forward for the Atlantic Yards project, the New York Court of Appeal on Tuesday ruled that the state can use eminent domain to force landowners to sell their properties for the $4.9 billion mixed-use development in Brooklyn by Forest City…

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NY Court: $5 Bil. Atlantic Yards Project Can Proceed

A new independent real estate company – GoodGround – has officially opened its doors from its home base in Waipu.

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Breaking ground in real estate (Scoop.co.nz)

Nov.

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Japan Real Estate Shares Fall After Anabuki Bankruptcy (Bloomberg)

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Stimulus boon

Daryl Moore, the disgraced former real estate agent, who lost his license in 1998, and is now a defendant in a theft of property case has hired Memphis attorney Javier Bailey. On Friday, Moore waived his right to a preliminary hearing and had his case bound over to a Shelby County Grand Jury.

Link:
I-Team: Real Estate Scam Follow-Up (FOX 13 Memphis)

Almost one in four homeowners owes more on their mortgage than their home is worth, a worrisome sign that the housing recovery could be threatened by a wave of defaults. Mortgage – Business – Financial Services – United States – Real estate

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Report: Almost 1 in 4 borrowers underwater

The Belle Vernon Area School Board will make up for a tax credit erroneously withheld this year by issuing a real estate tax credit next year.

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Some in Belle Vernon School District to get real estate tax credit (Pittsburgh Tribune-Review)

Devin Murphy has returned to Morgan Stanley ’s real estate division five years after he left to run Deutsche Bank ’s real estate investment banking division.

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Real Estate Executive Returns to Morgan Stanley (New York Times)

A 63-year-old Gurnee-area real estate agent is charged with trying to sexually abuse the child of one of his Libertyville clients, Lake County prosecutors said Tuesday.

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Lake Co. real estate agent charged with sexually abusing client’s child (Daily Herald)

Real estate is showing some early signs of recovery as an attractive investment, at least compared to some other opportunities like corporate debt. But capital markets must open further to revive normal deal flows, said panelists at the recent Zell Lurie Real Estate Center conference

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Tentatively and Sporadically, Real Estate Investing Makes a Comeback (Knowledge at Wharton)