WASHINGTON, DC-The weak March numbers understate the gradual improvement in the labor market while the prior month’s figures overstated it, according to IHS Global Insight’s Gault.

NEW YORK CITY-Although Manhattan’s vacancy rate remained flat compared to Q3 2011, “you’ve essentially got a market that’s in equilibrium,” C&W’s Harbert said at a press briefing Tuesday.

NEW YORK CITY-The Bloomberg administration filed an appeal last summer saying that the Census Bureau had undercounted the city’s population by more than 200,000.

NEW YORK CITY-The new lease-accounting standards could mean a new paradigm for amortization; E&Y’s Wolfe, Reznick’s Kessler and other experts will map out the new landscape at Tuesday’s RealShare Net Lease conference.

NEW YORK CITY-A longtime tenant of the Midtown South media enclave, the global advertising and communications giant is setting up shop in two adjacent Hudson Square properties.

NEW YORK CITY-Berkadia’s Campbell and Storz tell GlobeSt.com‘s Paul Bubny that the condominium nature of the property presented some complexities in securing the Freddie Mac loan.

A $132-million package of mostly nonperforming loans purchased by Rialto Capital Management is reportedly the first such securitized deal in more than a decade.

NEW YORK CITY-The bistate agency’s first-ever chief security officer will be identified from a nationwide search, the Port said Thursday afternoon. Consultant Michael Chertoff’s group will assist in transition planning.