A plan to revitalize a bleak stretch of land along Manhattan's west side waterfront was approved Monday by the New York City Council, but the project remains without financing and it will likely be many years before any buildings go up. The City Council ...

From the Wall Street Journal: "With a record amount of commercial real-estate debt coming due, some of the country's biggest property developers have become the latest to go hat-in-hand to the government for assistance. ... Real-estate owners are pressing the government to take preemptive action before thousands of properties begin to fail. Among those who have been active in the ...

The proposals to redevelop Pier 57 on Hudson River Park have been released, and it seems like rent-paying marketplace is the common theme for the pier off West 15th
Street. The Related Companies, West Village-based YoungWoo & Associates, and the Durst Organization/C&K Properties are the three suitors, each trying to impress the city/state Hudson River Park ...

CORRECTION A story in Thursday’s Sun mistakenly stated that developer The Related Cos. has an equity interest in the Cosmopolitan resort. Related is being paid a management fee to oversee the resort’s development but is not a partner in the project.