A Fresh Take on CRE

Grubb & Ellis Newswatch 1-21-09

Articles of interest

Associated Press
Oil Lower Amid Grim Economic News

Bloomberg
A $17 Trillion Alliance Can Save World Economies: William Pesek
Apple, Nokia Weather Handset Slump as Spending Shifts
Dubai Property Prices Drop 23% from Record, HSBC Says
Hedge-Fund Investors Remove Record $152 Billion in Last Quarter
Long Island, Queens Home Prices Drop on Wall Street Job Cuts
Obama Team Pushes to Complete Rescue as Stocks Plunge
Toyota May Pass GM as Biggest Automaker amid Slump
U.S. Stocks Rise on Obama Plan, Citigroup, Bank of America Gain

Business Week
Stimulus: Hard Hats Say ‘Bring it On’

CNBC
Bank of America Could-Cut 4,000 Jobs

Globe Street
Report: BofA Will Cut 4000 Jobs, Mostly NYC

New York Daily News
Wave s of Fury over Co-op’s Big Fee Hike

New York Observer
‘Financial WMD’ Booster Wants $14 M.
Apartments, with a Long View
Bloomberg A.D.
Grand Slam! No More $1K a Foot for Trophies
Mighty Bargains
NBA Bounces Around
Well-Designed Deal in SL Green’s Brooklyn Prize

New York Post
McGraw-Hill’s Deluxe Lounge

Reuters
Barclays Slumps, Dogged by Capital Worries
|BlackRock Profit Dives on Fees Slump, Write-Downs
Geithner Urges Action on Economy and Bailout Program
U.S. Bancorp Profit Falls to Lowest since 2001
US Chain Store Sales Fall 2.3 pct Last Week-Redbook

The Real Deal
On the Front Line of Wall Street’s Woes
Queens Buckles Under Subprime Pressure
Yes! Financing Is Available for NYC Hotels

Wall Street Journal
Extreme Makeover: Bankruptcy
Hancock at Center of ‘Tranche Warfare’
Live and Work Ensembles
University Upgrades Boost Commercial Sector

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