atHome Top Story (Free subscription) | 04/26/2008
First-quarter net earnings toppled by more than half at Brookfield Properties Corp., but the company says its commercial real estate operations are solid, helping to offset shakiness in residential.
Market Watch (Free subscription) | 04/25/2008
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Business Wire (Free subscription) | 04/25/2008
NEW YORK--(BUSINESS WIRE)--Brookfield Properties Corporation (BPO: NYSE, TSX) today announced that net income for the three months ended March 31, 2008 was $23 million or $0.06 per diluted
Business Wire (Free subscription) | 03/26/2008
NEW YORK--(BUSINESS WIRE)--Brookfield Properties Corporation (BPO: NYSE, TSX) announced today that its 2008 first quarter results will be released prior to the market open on Friday, April
Market Wire - Investment Opinion (Free subscription) | 03/26/2008
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Gothamist (Free subscription) | 02/27/2008
Brookfield Properties, which had offered a plan to bring back streets - as well as 12 million square feet of development and 15 acres of public space - to the West Side Rail Yards, has declined to continue in the bidding process . The MTA had requested revised Hudson Yards proposals with more financial details by yesterday and the bids received were from Durst and Vornado, Tishman Speyer...
The New York Observer's MondoWeiss (Free subscription) | 02/27/2008
Revised bids for the West Side rail yards were due today, and Brookfield Properties did not submit a response, leaving four of the city's biggest developers in a battle for control of the 26-acre site west of Pennsylvania Station. The Metropolitan Transportation Authority, which owns the site, put out a statement a few minutes ago saying that the agency had received four revised proposals,...
Curbed (Free subscription) | 02/21/2008
Economic slowdown be damned, Brookfield Properties is moving full steam ahead on its gigantic Manhattan West office park on the west side rail yards that aren't quite the West Side Rail Yards. The company has enlisted the services of Skidmore, Owings and Merrillthe same firm behind the two signature towers of Brookfield's Hudson Yards bidto design two more huge office towers...
The New York Observer's MondoWeiss (Free subscription) | 02/21/2008
Brookfield Properties seems to like the architectural veterans over at Skidmore Owings and Merrill these days. Brookfield brought on the longtime firm to design its two signature towers in its bid for the West Side rail yards , and now the mega-office landlord has released an SOM-designed rendering for two office towers on a superblock to the east, bounded by 31st and 33rd streets,...
New York Times (Free subscription) | 02/21/2008
Despite a flagging economy, Brookfield Properties says it will start work in June on a $600 million platform over railroad tracks near Ninth Avenue.
PR News Wire (Free subscription) | 02/12/2008
VANCOUVER, Feb. 12 /PRNewswire/ - Imperial Parking (U.S.), Inc. (Impark), one of North America's largest parking operators, announced today it has been awarded a multi-year contract to manage the parking operations at Brookfield Properties Corporation's portfolio of properties in Maryland. The properties include One Bethesda Center, Bethesda Crescent, including 7475 Wisconsin...
The New York Observer's MondoWeiss (Free subscription) | 02/08/2008
Brookfield Properties seems to be moving along with a renewal with Merrill Lynch at the World Financial Center, which, at least as of last month was likely to mean a five-year lease . On a conference call with investors today, a Brookfield executive said the company was in “active and productive discussions with Merrill,” though didn't expand beyond that. It also looks like things...
Curbed (Free subscription) | 02/07/2008
In a day filled with West Side development news, the biggest piece of intel just hit the wire. Brookfield Properties, the massive commercial landlord and one of the companies bidding on the Hudson Yards, has announced it will develop the other West Side rail yards, right smack in between the Hudson Yards and Penn Station. Bloomberg reports that Brookfield will start constructing...
Globe and Mail (Free subscription) | 02/07/2008
Real estate company attributes ‘successful fourth quarter' to strong performance in commercial leasing operations
Market Watch (Free subscription) | 02/07/2008
BOSTON (MarketWatch) -- Shares of Brookfield Properties Corp. were down 5% after the real estate investment trust reported quarterly earnings and its outlook for 2008 funds from operations, which came in below Wall Street expectations. The REIT said it expects full-year FFO in the range of $1.44 to $1.52 a share, with a mid-point of $1.48. Analysts polled by Thomson Financial were forecasting...
