NEW YORK CITY-During a two-day hearing into emergency preparedness at the World Trade Center, commission members questioned building safety procedures that were in place at the time of the terrorist attacks.

NEW YORK CITY-During a two-day hearing into emergency preparedness at the World Trade Center, commission members questioned building safety procedures that were in place at the time of the terrorist attacks.

NEW YORK CITY-At one time, New York was the heart of the film industry and now a number of developments--including a two-million-sf, mixed-use project--aim to bring even more film and television production to the area.

QUEENS, NY-The mixed-use development will complement the new 360,000-sf Queens Hospital. The space for the project was made possible due to a reallocation of land during the development of the new hospital facility.

NEW YORK CITY-Credit Suisse First Boston has acquired a 75% interest in 36-floor One Park Ave. from a joint venture of SL Green Realty Corp. and SITQ Inc. The site was refinanced at the same time.

NEW YORK CITY-Capital Trust CEO John Klopp says his firm is "right where we expected to be," adding that its direct public offering with WR Berkley Corp. was a "great transaction."

NEW YORK CITY-A 204-apartment/executive hotel in Chelsea, purchased by the joint venture just three years ago for $63 million, trades for $93 million.

NEW YORK CITY-At this time last year, the JV purchased the nearly one million sf 15 Broad St. and adjacent 23 Wall St. for $110 million. Now, they're shelling out an additional $135 million to transform 15 Broad into a luxury residential complex.