TPG and Warburg, had been trying to "exit their investment" for awhile, says Faith Hope Consolo, chairman of the retail group at Douglas Elliman Real Estate. While luxury sales continue to grow, it's not at the double-digit pace of last year so "this …

"All the newer projects in South Mumbai are in the ultra-luxury segment and it's difficult to find buyers for these higher configuration and big-ticket homes in the current market," said Akhil Kapur, owner of real estate brokerage firm AJ Housing. In …

based Macerich, one of the nation's largest shopping-center real–estate investment trusts. The expansion will take place on … Among its high–end retailers are Barneys New York, Nordstrom, Neiman Marcus, Tiffany & Co., and Prada. The zoning already is …

The managing partner of JDS Development Group and his partners at Property Markets Group are planning a skinny, ultra-luxury condo tower on West 57th Street, which will be about 100 feet taller than the Empire State Building. The venture's plans for …

But with the economic situation worsening, this category of sellers has expanded to include cash-strapped investors and businessmen who are keen to sell the high–end apartments they had picked up some years ago. The situation offers an opportune time …

"All the newer projects in South Mumbai are in the ultra-luxury segment and it's difficult to find buyers for these higher configuration and big-ticket homes in the current market," said Akhil Kapur, owner of real estate brokerage firm AJ Housing. In …

Neiman has some unique issues that could keep it from Canada in the longer term, including a lack of natural real estate on this side of the border and the fact that that tiny niche luxury market is already getting crowded. Nordstrom is coming to …

The news comes less than two months after rival luxury department store Saks was bought for $2.4 billion to Lord & Taylor parent company, Hudson's Bay. Sak's value was boosted by its New York flagship store which has been valued around $ billion. In …

“I've put up all my personal assets as guarantees and now there's no way I can get another credit line,” according to Carral, 50, who says her Madrid-based construction company Soldray S.L.'s 20 years of experience helped it survive the end of a real …