<?xml version="1.0" encoding="utf-8"?>
<rss version="2.0">
   <channel>
      <title>GlobeSt. Topics - New York City</title>
      <link>http://www.globest.com/news/topics/newyork/index.html</link>
      <description></description>
      <language>en-us</language>
      <copyright>Copyright 2009 GlobeSt. Topics All Rights Reserved.</copyright>
      <webMaster>webmaster@iproduction.com</webMaster>
      <pubDate>Fri, 06 Nov 2009 11:49:47 CST</pubDate>
      <lastBuildDate>Fri, 06 Nov 2009 11:49:47 CST</lastBuildDate>
      <generator>IPS - www.iproduction.com</generator>

      <item>
         <title><![CDATA[Blackstone&#146;s RE Segment Rebounds in Q3]]></title>
         <description><![CDATA[NEW YORK CITY-The private equity giant cites an increase in management fees and stabilization in the fair value of its real estate portfolio.]]></description>
         <link>http://www.globest.com/news/1533_1533/newyork/182067-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Ticker Tape in the Canyon of Heroes]]></title>
         <description><![CDATA[NEW YORK CITY-As the Yankees march up lower Broadway in a victory parade, the Downtown Alliance and property managers will be ready]]></description>
         <link>http://www.globest.com/news/1533_1533/newyork/182063-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Downturn Ramps Up Insurance Issues]]></title>
         <description><![CDATA[NEW YORK CITY-Insurance clients are paying more attention to containing costs and to the credit ratings of insurers, says a Marsh report.]]></description>
         <link>http://www.globest.com/news/1533_1533/newyork/182064-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[October Sales Point to Retail Recovery]]></title>
         <description><![CDATA[NEW YORK CITY-The same-store sales gain of 2.1% is the strongest month of increases for the industry since April 2008.]]></description>
         <link>http://www.globest.com/news/1533_1533/newyork/182062-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[St. Regis Retail Acquired for $117M]]></title>
         <description><![CDATA[NEW YORK CITY-The sale of the iconic Fifth Avenue hostelry&#146;s 24,700-square-foot retail space to GFC represents a cap rate on 5% on 2009 NOI.]]></description>
         <link>http://www.globest.com/news/1532_1532/newyork/182047-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Kimco Completes Buy of 5M-SF Portfolio]]></title>
         <description><![CDATA[NEW HYDE PARK, NY-The REIT has acquired the remaining 85% interest in PL Retail LLC from a DRA Advisors-managed fund for $825 million.]]></description>
         <link>http://www.globest.com/news/1532_1532/newyork/182041-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Retail Rents Head to the Bottom]]></title>
         <description><![CDATA[NEW YORK CITY-Even as rents in Manhattan&#146;s shopping corridors continue to slip, consumer and leasing activity are picking up, brokers say.]]></description>
         <link>http://www.globest.com/news/1532_1532/newyork/182032-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Coventry Slaps DDR With $500M Suit]]></title>
         <description><![CDATA[NEW YORK CITY-The lawsuit filed in State Supreme Court alleges mismanagement of 12 retail properties; a DDR spokesman denies the allegations.]]></description>
         <link>http://www.globest.com/news/1532_1532/newyork/182039-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Harlem MF Trades for $22M in All-Cash Deal ]]></title>
         <description><![CDATA[NEW YORK CITY-The deal, which also includes a development site that spans an entire block front, is reportedly the largest in northern Manhattan this year.]]></description>
         <link>http://www.globest.com/news/1531_1531/newyork/182022-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Mission Conducts $120M NY Metro Loan Sale]]></title>
         <description><![CDATA[NEW YORK CITY-Indicative bids are due Nov. 18 on a pool of 105 loans backed by assets in New York and northern New Jersey.]]></description>
         <link>http://www.globest.com/news/1531_1531/newyork/182021-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Mayor&#146;s Job One: Strengthen the Labor Force]]></title>
         <description><![CDATA[NEW YORK CITY-After narrowly winning a third term, Michael Bloomberg needs to focus on jobs creation and the city&#146;s tax structure, industry figures say.]]></description>
         <link>http://www.globest.com/news/1531_1531/newyork/182012-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Sorgente May Take Woolworth Tower Stake]]></title>
         <description><![CDATA[NEW YORK CITY-The Italian-based real estate investment firm is in talks to buy a 51% interest in the landmark office property at 233 Broadway, Bloomberg reports.]]></description>
         <link>http://www.globest.com/news/1530_1530/newyork/181990-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[ACRE and WSP Form Distressed Advisory Firm]]></title>
         <description><![CDATA[NEW YORK CITY-The new joint venture says it offers services providing a second chance for profitability at troubled properties.]]></description>
         <link>http://www.globest.com/news/1530_1530/newyork/181984-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Durst Organization Gets $200M Revolving Credit Extension]]></title>
         <description><![CDATA[NEW YORK CITY-The family run organization says its will use the liquidity to acquire distressed property and debt in the Tri-State area.]]></description>
         <link>http://www.globest.com/news/1529_1529/newyork/181967-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Nathan&#146;s Sets Up Business at New Stand]]></title>
         <description><![CDATA[JERICHO, NY&#151;The restaurant franchiser is relocating its corporate headquarters to a 13,189-square-foot space at One Jericho Plaza in a 10-year deal.]]></description>
         <link>http://www.globest.com/news/1529_1529/newyork/181957-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[CIT Files for Chapter 11]]></title>
         <description><![CDATA[NEW YORK CITY-With total assets coming to about $71 billion, this makes this bankruptcy the fifth-largest in US history. ]]></description>
         <link>http://www.globest.com/news/1529_1529/newyork/181956-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Office Condos Look Like a Safe Bet Again ]]></title>
         <description><![CDATA[NEW YORK CITY--In contrast to the first half of 2009, tenants are showing renewed interest in owning their office space]]></description>
         <link>http://www.globest.com/news/1528_1528/newyork/181948-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Office Condos Look Like a Safe Bet Again ]]></title>
         <description><![CDATA[NEW YORK CITY--In contrast to the first half of 2009, tenants are showing renewed interest in owning their office space]]></description>
         <link>http://www.globest.com/news/1528_1528/newyork/181947-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Office Condos Look Like a Safe Bet Again ]]></title>
         <description><![CDATA[NEW YORK CITY-In contrast to the first half of 2009, tenants are showing renewed interest in owning their office space.]]></description>
         <link>http://www.globest.com/news/1528_1528/newyork/181942-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Icahn Offers CIT Group $1B Life-Line]]></title>
         <description><![CDATA[NEW YORK CITY-Carl C. Icahn is changing his vote to be in favor of CIT's proposed pre-packed plan of reorganization and offering senior secured financing. ]]></description>
         <link>http://www.globest.com/news/1528_1528/newyork/181939-1.html?st=rss</link>
      </item>
   </channel>
</rss>

