NEW HYDE PARK, NY-Locally based Kimco completes its acquisition of Atlantic Realty Trust. The New York City-based REIT had owned one retail property, the Hylan Plaza Shopping Center in Staten Island.

NEW HYDE PARK, NY-Locally based Kimco completes its acquisition of Atlantic Realty Trust. The New York City-based REIT had owned one retail property, the Hylan Plaza Shopping Center in Staten Island.

NEW YORK CITY-At the close of business Thursday, the REIT confirms reports that two assets here could sell for more than $2 billion. GlobeSt.com previously reported that the sites in play could be 5 Times Square Tower and 280 Park Ave.

NEW YORK CITY-At the close of business Thursday, the REIT confirms reports that two assets here could sell for more than $2 billion. GlobeSt.com previously reported that the sites in play could be 5 Times Square Tower and 280 Park Ave.

NEW YORK CITY-Suitors are lining up for 6 Times Square, GlobeSt.com has learned. A source says the site of the former Knickerbocker Hotel could trade for more than $300 million and be converted back to a hotel.

NEW YORK CITY-Suitors are lining up for 6 Times Square, GlobeSt.com has learned. A source says the site of the former Knickerbocker Hotel could trade for more than $300 million and be converted back to a hotel.

NEW YORK CITY-Two former UBS executives branch out on their own. The partners start Atlas Capital Group which will pursue investment opportunities in major cities with an initial emphasis here and in London.

NEW YORK CITY-The rise in CDOs over the past year has raised a red flag at Fitch Ratings service. The firm calls for CDO managers and investors to have a more discerning eye.