~businessinsider | Bookmarks (4)
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NYC's commercial real estate crisis is so bad that a developer is considering turning a prime plot of land into a 150-foot billboard
The project is called "The Penn Platform" and was previously reserved for a 56-floor office tower.
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China is stepping up to save its economy this year, but the data just doesn't seem to be getting much better
In January alone, Chinese authorities pulled about a dozen moves to stabilize a stock market rout...
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Beijing is unlikely to rescue Evergrande's offshore creditors because it could make things worse at home
Embattled Chinese real-estate giant Evergrande has been ordered by a Hong Kong to liquidate following two...
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Bad news, Beijing: Real-estate booms like the one in China nearly always end with a major banking crisis
"History shows that credit-fuelled real-estate booms do not end in a whimper," wrote Andrew Lawrence, the...
