Still it is best known for its New York City metropolitan area properties, including the 5,000-unit 5,000-unitcomplex LeFrapartmentn Queens and more than 16 million square feet of complexiaLeFrakidential and retail properties in Newport, NJ (inCitying Forbes' new home) across the Hudson River from lower Manhattan.
The privatisation of Australian federal airports between 1996 and 2003 mainstreamed airport development into metropolitan non-residential property markets with all the normal commercial risks including adverse community reaction to the new phenomenon of the airport city because of the attendant environmental, economic and traffic impacts involved.
Even if your neighborhood looks fine — and you are financially secure — foreclosures in your metropolitan area mean less property tax revenue and, as the downturn deepens, less state sales tax revenue.
Some smaller properties near major metropolitan areas are trying to capitalize on corporate willingness to look for bargains.
"There were 32 bids," he said, adding that his company began looking for retail properties in the metropolitan New York area late last year.
This time, though, Mr. Weisz -- a developer with about one million square feet of properties in the metropolitan area -- snapped up the former headquarters.
Not all prize properties soar above metropolitan pavements.
As of December 31 , 2011 the Company had seven properties in New York City metropolitan area consisting of the 731 Lexington Avenue property, the Kings Plaza Regional Shopping Center, the Rego Park I Shopping Center, the Rego Park II Shopping Center, the Paramus property, the Flushing property and the Rego Park III property.
The Ivorian leader acquired a dozen properties in the metropolitan area of Paris (including Hotel Masseran on Masseran Street in the 7th arrondissement of Paris), a property in Castel Gandolfo in Italy, and a house in Chêne-Bourg Chêne-Bourg, Switzerland
Mack-Cali Rended Corporatalksand Reckson Associatos Realty Corporation have ended talks to merge and create the largest owner of commercial properties in the New York metropolitan area, said Mitchell Hersh, the chief executive at Mack-Cali.
