
A spectacular 14-room mansion within the castle on the park, the State Suite at The Plaza is being offered for sale for $39 million. This exceptional, approximately 10,000-square-foot home is comprised of The Plaza’s former State Rooms which were originally used as lavish, private entertaining spaces when the landmark hotel was built in 1907. The State Suite combines the epitome of classic elegance with state-of-the-art luxury and technology that...

The affluent consumer market is on the rise. The Luxury Consumption Index (LCI) shows that consumer confidence is increasing, as the average dollars spent on luxury goods is up ytd and from first quarter to second quarter of this year. Buyers, brokers and developers alike express optimism, forecasting that the more than two-year decline in homes sales is over and that the consumer market is emerging from the recession, putting purchasing power back...
Lexington Realty Trust announced that it declared a regular common share dividend/distribution for the quarter ended December 31, 2008 of $0.18 per common share/unit payable on January 15, 2009 to shareholders/unitholders of record on December 31, 2008. Lexington also declared dividends of $0.503125 per Series B Cumulative Redeemable Preferred Share, $0.8125 per Series C Cumulative Convertible Preferred Share, and $0.471875 per Series D Cumulative...
Dayco today announced the topping off of construction at Town Center One, a 210,000 square foot, 24-story class ‘A’ office building. Located in Dadeland’s new Urban Core, the triangle bordered by Kendall Drive to the north, the Palmetto expressway to the west, and US 1 to the east, Town Center One has attracted a broad range of purchasers, including BMI Companies, one of the top 500 Hispanic companies in the U.S., who will be relocating their...