Real Estate News: Penn Station-Area Upgrades - Developments ...

By WSJ Staff

Here is a look at real-estate news from the weekend and today in the WSJ:

Stuyvesant Town Strategy:?With a lengthy legal battle finally resolved, the company in control of Stuyvesant Town and Peter Cooper Village wants to boost operating income at the sprawling Manhattan housing complex before putting it on the block, according to people familiar with its strategy.

Penn Station-Area Upgrades:?Vornado Realty Trust is planning to give makeovers to some of its buildings in the neighborhoods around Pennsylvania Station in New York, an area that?s been slowly improving but still falling far short of planners? dreams.

The Commish: Foray Into Garden State: ?Massey Knakal Realty Services,?which has become a market leader in brokering New York City commercial real-estate sales in the $1 million to $100 million range, is planning to open new offices and hire as many as 40 brokers on the other side of the Hudson River.

House of the Day:?A Frank Lloyd Wright-inspired home played muse to its woodworking owner, who handcrafted many of the intricate red oak furnishings in the home.

Source: http://blogs.wsj.com/developments/2013/04/22/real-estate-news-penn-station-area-upgrades/

Mockingbird Lane peyton manning sf giants gold rush gold rush windows 8 Emanuel Steward