SL Green Tiptoes, CRE Values Rise



Four nonprofits take space at 281 Park Avenue South – [National Real Estate Investor]

New York City construction starts were down 30 percent in 2011 – [The Real Deal]

SL Green’s FFO hits $179 Million in 2Q12, but tiptoes into second half – [GlobeSt.com]

Utility company signs 825,000 s/f Newark renewal – [Real Estate Weekly]

Economy in U.S. grows at 1.5 percent rate – [Bloomberg]

New figures put recession and recovery in focus – [New York Times]

Several price indices show CRE value on rise – [National Real Estate Investor]

Robert Sammons is vice president of research services at Cassidy Turley, a full-service commercial real estate services provider offering tenant representation, project leasing, capital markets and research and consulting, among other platforms. Mr. Sammons can be reached at Robert.Sammons@Cassidyturley.com. To subscribe to Cassidy Turley’s daily news roundup email Arielle.Herzfeld@cassidyturley.com.

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