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 Real Estate Headlines

An Affordable Housing MXD is Coming to Williamsburg

The property, which will feature 55 residential units and a grocery store, will replace the Landmarks Preservation Commission's former warehouse.

Rubenstein Builds Fund Toward $750M Goal

PHILADELPHIA, PA-Rubenstein Partners is building its second fund to invest in value-add commercial office properties on the East Coast.

MSG Gets 15-Year Permit

NEW YORK CITY-The City Planning Commission granted Madison Square Garden a 15-year special permit on Wednesday to operate at its current location above Penn Station. The decision is a clear victory to supporters of a new Penn Station at the site and a rebuke of MSGÂ?s hopes to be given city approval to operate there in perpetuity.

 Hedge Fund News

EU mergers and takeovers (May 24)

UPDATE 1-Kyobo Life bids for ING's S.Korean insurance business

UPDATE 1-3i grows infrastructure arm with Barclays fund purchase

Poland's Polimex says creditors will not break off restructuring



 Market News

Stocks slip for third straight day

Doomsday investors betting on market crash

World stock markets to grind higher

Japan stocks rebound after big plunge



Industry Headlines

The rally's not over
Investors expect global markets will keep grinding higher after a short period of volatility.

Doomsday investors betting on a market crash
Universa, which places big bets on 'black swan' hedging, has seen a record inflow.

Stocks slip for third straight day
Read full story for latest details.



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