-
"There's clearly been a rapid appreciation in residential land values, but at the same time you've got to keep reminding yourself that you're buying a nonperforming loan, " says Curt Bailey, president of Related Midwest, a unit of Stephen Ross's Related Cos. that has expressed interest in the site.
WSJ: Plots & Ploys: Hole-Sale Real Estate
-
Meanwhile, at downtown's rival office neighborhood, Hudson Yards, on the Far West Side, the first building broke ground in December, at a ceremony where developer Stephen Ross beamed, flanked by the city's heavyweights in business and politics.
WSJ: On the Rise With High Rises
-
Real estate billionaire Stephen Ross, owner of the Miami Dolphins, has a new hobby that he hopes will bring in some extra cash.
FORBES: Billionaire Stephen Ross' Hi-Tech Dream for the NFL