Last Updated: May 25, 2012 03:24pm ET

New York

Mount Sinai Inks 75,000 SF Lease in Downtown Brooklyn

NEW YORK CITY-In partnership with WESTMED Practice Partners, Mount Sinai Medical Center will construct an outpatient medical office at One Pierrpont plaza within Forest City Ratner’s MetroTech complex. FULL STORY

Ciminelli Plans for New Medical Office Building in Amherst

BUFFALO-Ciminelli Real Estate Corp. is planning to construct a new medical office building along Park Club Lane in Amherst. FULL STORY

New Project Proposed on University at Buffalo's Amherst Campus

BUFFALO-A 102-room Staybridge Inn will be part of a $15-million mixed-use project proposed on the Amherst campus of the University at Buffalo. FULL STORY

JV Buys 660-Unit Haven from Foreclosure

TEMPE, AZ-Interwest Capital and Angelo, Gordon & Co. pay $46 million to servicer Petra Capital Management. The new owners plan upgrades to the tune of $5,000 per unit. FULL STORY

47 Years Later, Lower East Side Revamp Moves Forward

NEW YORK CITY-In 1965, a plan to redevelop the Seward Park Urban Renewal Site was put forth. Now public review has begun for a project that could mean 1.65 million square feet of mixed-use space. FULL STORY

Tiffany’s Lowers Earnings Outlook for Year

NEW YORK CITY-The jewelry retailer’s global forecast for the year ending Jan. 31, 2013 is dimmed by a flat quarter closest to home, including declines at its flagship Manhattan store. FULL STORY

C-Suite Moves Signal Need for Bigger Brokerage Platforms

SPECIAL REPORT NEW YORK CITY-Industry sources tell GlobeSt.com’s Jacqueline Hlavenka that the latest executive changes are a sign that the brokerage industry is beefing up its offerings beyond leasing and sales. FULL STORY

Tory Burch Takes 80,000 SF at 350 Hudson St.

NEW YORK CITY-The international fashion brand is expanding its footprint to the trendy Hudson Square area, but the company will also maintain its other corporate office on West 19th Street in the Flatiron District, a spokeswoman for Trinity Real Estate confirms. FULL STORY

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TRENDING: #RetailRebound

Same-store sales are improving and retailers are expanding again. Occupancies and rents are up. So are transaction
volumes and sales prices. All this has pushed the sector to the forefront of investment conversations.

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LAST WEEK'S POLL

Penner, Mirante, D'Arcy . . . High-Level Resignations Mean . . .

GlobeSt.com Viewers See More C-Suite Turnover
NEW YORK CITY-Nearly two-thirds of respondents to a GlobeSt.com poll said recent high-level resignations either portend more to come or prove that the industry needs to work on succession planning.

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Charging the Hill: Commercial Real Estate and the 2012 Congressional Agenda

December 07
November 23, 2011
Critical issues impacting commercial real estate are coming up on the 2012 Congressional calendar, and their outcome collectively will impact all practitioners in this space. Top executives who know their way around Capitol Hill will share their thoughts on the direction this industry could take at the hands of our elected officials.

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Dalian Wanda Takes AMC Theaters for $2.6B

BEIJING-Dalian Wanda’s buy of Kansas City, MO-based AMC creates the world’s largest theater chain, with 432 locations in North America and China.

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