Istithmar Cedes Times Square Building to Danske BankIstithmar World, a unit of Dubai World , has handed over a prime New York residential building to Danske Bank after failing to pay its mortgage, a UAE daily reported on Wednesday, the loss of its second property in Manhattan since December.Can Leeds lead a property revival in the North?Riddled with empty apartments, scarred by failed schemes such as the Lumiere (hyped as the home of the tallest residential tower in Europe but which is still a hole in the ground), criticised for planning decisions that bulldozed green space and castigated for fuelling the off-plan buy-to-let frenzy — if ever a city epitomised the broken dreams of the property boom it is Leeds.Northwest Residential Market Nearing Balance in 4QExisting home sales and residential building permits were both up in Northwest Arkansas for the fourth quarter of 2009, indicating some balance in the single-family home market.What's a property worth?Property industry warns new state legislation would push up taxes, and it won't be just big business that feels it.Residential developer eying contaminated site on Washburn StreetA potential buyer - a residential developer - is interested in the 30 rear Washburn St. and 53 rear Franklin St. property.Parma mulls ordinance that would clarify overnight parking of commercial trucks on residential propertyPARMA -- The city wants to make it clear to residents and businesses that overnight parking of most commercial trucks isn’t allowed on residential lots. Toward that end, City Council is considering a proposed ordinance that would clarify municipal code when it comes to parking trucks outside houses.New York Art Dealer Goldberg to Quit, Sell $10 Million of ArtMarch 4 (Bloomberg) -- New York art dealer Bernard Goldberg, 77, reckoned the time had come for a graceful and reasonably lucrative exit from the business.Gold Declines in New York as Stronger Dollar Reduces DemandMarch 4 (Bloomberg) -- Gold declined for the first time in three days in New York as the dollar strengthened and investors sold the metal to lock in recent gains.Klein’s Naked Model Painting May Fetch $10 Million in New YorkMarch 4 (Bloomberg) -- A 1960s work by the French conceptual artist Yves Klein is expected to fetch about $10 million at an auction in New York, Christie’s International said today in an e-mailed statement.Zale Puts 12 New York Leases Up For SaleThe leases include Zales stores in prime locations such as Manhattan’s Herald Square and along Fifth Avenue, as well as two stores apiece in the Bronx, Brooklyn and Queens, Reuters said, citing a listing on the website of New York-based advisory firm RCS Real Estate Advisors.NBA: New York 128, Detroit 104NEW YORK, March 3 (UPI) -- Al Harrington was one of six New York players to reach 20 points Wednesday, fueling the Knicks to a 128-104 victory over Detroit.
