NEW YORK CITY-The South Jamaica neighborhood in Queens has seen out-of-scale multifamily development in the 50 years since its zoning was updated.

NEW YORK CITY-As keynote speaker at this year’s Buildings New York conference, the Brooklyn borough president said the next generation of housing development entails thoughtful rezoning.

NEW YORK CITY-Madison International is paying $172 million for a 49% stake; the deal comes weeks after it closed a $510-million fund.

NEW YORK CITY-The property management assignment is the first Manhattan fruition of the 25-year relationship between Hines and Mitsui Fudosan.

NEW YORK CITY-The acquisition with Kearny Real Estate comprises a mix of performing, sub-performing and non-performing loans on East and West Coast assets.

NEW YORK CITY-The firm's construction and real estate advisory services practice is expanded with the hiring of Harding and Teubner; Gibson will head West Coast efforts.

NEW YORK CITY-The unsolicited bid would have meant CreXus suspending its current equity offering to finance a $586-million buy of Barclays Capital assets.

NEW YORK CITY-The company says all of its service lines, led by its leasing and capital markets platforms, benefited from 2010’s uptick in commercial estate activity.