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Bidding Battle Over Bronx Hospital

Two competing bids to take over New York Westchester Square Medical Center, a struggling hospital in the Bronx, are bringing to light deeper tensions about health care in the borough

http://on.wsj.com/10GzHB2

Citi Takes Top Spot in REIT Equity Deals

Citigroup Inc. became the top equity underwriter for real-estate investment trusts in 2012, grabbing the No. 1 spot from Bank of America Merrill Lynch, the longtime leader of the business. Citigroup, which was in sixth place in 2011, vaulted to the top position partly by using its balance sheet.

http://on.wsj.com/Tj8KkV

Game Day Payday

Breaking News From WSJ.com's Developments Blog Game Day Payday Super Bowl XLVII still is more than a week away, but New Orleans hotels already have scored big with rates three times their average. Hotels in the Big Easy are registering rate premiums of roughly 300% for the week leading up to the Super Bowl on Feb.

http://on.wsj.com/Tj7PAY

Bet on Vegas-Area Retail

A real-estate development company headed by a former Miss Reno Rodeo sold a controlling stake in six Las Vegas-area shopping centers in a deal that reflects growing investor appetite for commercial property in weak markets. Territory Inc., run by Terri Sturm, sold a 78% stake in the properties to Inland Diversified Real Estate, a nontraded real-estate investment trust.

http://on.wsj.com/145SK6U

Hey New Yorkers, Here's Why It's Time To Cash Out And Move To Las Vegas

I wrote an article (link below) about cashing out of the NYC housing bubble and moving to Reno, NV. No one knows when the bubble will end, but when house prices exceed fundamental rents and wages, watch out! This article focuses on Las Vegas because it is a very interesting city with lots of bad press, much of it unfairly gained.

http://read.bi/SJc9Wx

A New Lease on Luxury

When real-estate developer Don Peebles moved his family to Manhattan from Coral Gables, Fla., he decided to combine two adjacent ninth-floor apartments to create a 4,750-square-foot, seven-bedroom, nine-bathroom home with glass walls on the Upper West Side overlooking the Hudson River.

http://on.wsj.com/SX4dnT

12 Space-Saving Items That Are Perfect For A 'Micro Apartment'

New Yorkers got a look at the future of city living this morning when Mayor Bloomberg unveiled the winning design for 300-square-foot "micro apartments" being built as an affordable housing option for singles. The units, which will be constructed in Kips Bay, will range from 250- to 370 square feet.

http://read.bi/VS4DdK

Pawn Mount Rushmore? Petition Calls for Mountain to Be Sold to Cover National Debt -- AOL Real Estate

Any bright ideas on how to pay off the U.S. national debt? Sure, here's one: pawn Mount Rushmore. A petition submitted to the White House's official website calls for the mountain in Keystone, S.D., to be pawned off to the Federal Reserve if the Treasury is unable to cover the interest on the national debt when the debt ceiling is breached.

http://aol.it/10Eu7PN

8 Ways To Get More Space For Less Money In A New York City Apartment

Shutterstock In New York City real estate, space is more prized than a perfect parking spot (or at least AS prized as that). If you're looking for the most amount of space for the least amount of money--and are willing to tolerate some potential downsides in exchange for the ability to turn around without bruising your elbows--here are a few places to look: 1.

http://read.bi/143t9eD