A Fresh Take on CRE

Grubb & Ellis Newswatch 1-15-09

Associated Press
Crude Prices Tumble Close to $35

Bloomberg
Bank of America May Get U.S. Aid for Merrill Lynch
ECB Cuts Key Rate as Recession Forces Trichet’s Hand
JPMorgan Profit Drops 76 Percent on $2.9 Billion of Writedowns

Crain’s
Mayor Bloomberg to Reveal New Jobs Plan
Occupancy Drop Forces Layoffs at Hotels

Globe Street
2009’ ‘One of the Most Challenging’ for Office
Morgan Stanley, Citi Form JV

New York Observer
At 14 Wall, a Blizzard of Leasing; The Street, SOM Latest Signers
Fordham Neighbors Tap Lobbyists, Lawyers to Fight Expansion

New York Post
Minor Adjustments
Room at the Inn
Storefront Shoppers
Wealthy Humbugs Rock Tiffany Sales

New York Times
2nd Hudson Rail Tunnel Clears Key Federal Hurdle
To Avert Blight, City Will Repair and Resell Vacant Homes
Virgin Megastore in Times Square to Be Replaced by Forever 21

The Real Deal
This Month in Real Estate History

Wall Street Journal
Bank of America to Get Billions in U.S. Aid
Democrats to Unveil $825 Billion Stimulus Measure
Foreclosure Filings Up 81% in 2008
Goldman Finds a Way to Dole out Cash
J.P. Morgan Stays in Black
Jobless Claims Jump in Latest Week
Rates Fall, but Refinancings Are Limited 

http://feeds.feedburner.com/Brokered-ThoughtsOnNycCommericalRealEstate