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The four-bedroom, six-bath Astor Suite at the Plaza Hotel & Residences at 768 Fifth Avenue, which has held the title of the city's priciest rental unit for the past five months, has dropped its price by a massive $40,000 a month, according to data from Streeteasy.com. The unit, which was placed on the market in December by Melanie Lazenby and Dina Lewis of Prudential Douglas Elliman asking $165,000 a month, is now listed at $125,000 a month. Read More

It's one of the most expensive rental apartments ever to hit the pricey Manhattan market, costing more per month than the average American household earns in three years. Read More

The new Kreditanstalt fur Wiederaufbau loans and projects are designed to underwrite a broad array of energy areas, including energy efficiency and smart grids, as well as wind and solar energy generation. Read More

Germany's government earlier this month confirmed a complete nuclear phase-out by 2022, paving the way for an accelerated shift to renewable energy. Read More

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Jurgen Friedrich

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