Saturday, December 20, 2008

Selling

Looks like the source of Tom Friedman's wife's wealth needs some cash.

New York brokerage DTZ Rockwood LLC said on its Web site Thursday it has been retained to market the Festival Marketplace portfolio, which includes Baltimore's Harborplace & The Gallery, New York's South Street Seaport and Boston's Faneuil Hall.

On Wednesday, GGP said lenders had agreed to a two-month extension on $900 million of debt service.