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Top News Stories

Google

Google opens new Bay View campus in Mountain View

80% Center coverage: 5 sources
The Bay View campus in Mountain View consists of two office buildings, 20 acres of open space, a 1,000-person event center and 240 short-term accommodations for Google employees. Google claimed its design would reduce water needs for cooling by 90 percent, and with its solar roofs and a nearby wind farm, the power used by the campus will be carbon-free 90 percent of the time.See the Story
Corruption · Anaheim

Judge pauses Angel Stadium sale for corruption probe

57% Center coverage: 7 sources
The city was poised to finalize a stipulated judgment with California Attorney General Rob Bonta and the state Housing and Community Development Department. Federal officials allege that Mayor Harry Sidhu tried ramming the deal through this year so he could get his reelection campaign financed by the Angels. The future of the Angel Stadium land sale is uncertain.See the Story
US & Canada

San Jose And Santa Clara To End Housing Cap, Allowing 32K Homes In North San Jose

Coverage: 2 sources
North San Jose has long been viewed as an optimal part of the city to focus its growth. In 2005, the city adopted the North San Jose Development Policy, which sought to add 26.7 million square feet of new office and industrial development. Milpitas, Santa Clara and Santa Clara County sued San Jose shortly after, arguing that the city had failed to account for traffic issues.See the Story
Johnson & Johnson · Sagaponack

Sagaponack Waterfront Estate Sells for Almost $48M

100% Center coverage: 1 sources
The adjacent Sagaponack properties belonged to the late Johnson & Johnson CEO James Burke.See the Story
Real Estate · Chicago

New York Firm Buys Minority Stake In Chicago’s Waterton

100% Center coverage: 1 sources
Almanac Realty’s Matthew Kaplan and Waterton’s David Schwartz (Almanac, Waterton)New York-based Almanac Realty Investors bought a 20 percent stake in Chicago-based Waterton, a residential landlord with more than 6,000 apartments in and near the city and assets across the nation.See the Story

Damac Properties to Buy Surfside Collapse Site

100% Center coverage: 1 sources
Damac Properties is set to buy the Surfside collapse site, after no other bidders submitted offers by the court’s deadline.See the Story
Real Estate · Whittier

Whittier Opens Tiny Homes For Homeless

100% Center coverage: 1 sources
Whittier Mayor Kimberly Cobos-Cawthorne with layout of Montebello-Commerce Metrolink Statio tiny home village (Facebook, City of Montebello)The City of Montebello is the latest to add a village of hobbit-size homes for homeless residents, now the largest in the San Gabriel Valley.See the Story
New York, NY · New York

Aby Rosen Taps Penske Media for 475 Fifth Avenue Purchase

100% Center coverage: 1 sources
Aby Rosen closed the book on his latest office deal with help from an unlikely source. Rosen’s RFR Holding teamed up with Variety and Rolling Stone publisher Penske Media Corporation to finalize his $290 million purchase of 475 Fifth Avenue, where the glossy magazine company has its headquarters. Penske Media contributed 50 percent of the equity in the partnership, a source familiar with the purchase told The Real Deal.See the Story
Inflation · New York

NYC Office Conversions, Distress, and “Downsize Upgrades”

100% Center coverage: 1 sources
Even some of the city’s largest commercial real estate landlords and brokers say parts of the market will suffer and need converting.See the Story

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