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NEW YORK CITY-The Boston developer is negotiating with an anchor tenant for a two-building expansion to its 50 Danbury Rd. office complex. The site is approved for development of up to 200,000 sf and Davis has applied for permission to up that total to 225,000 feet.
NEW YORK CITY-Situated on a 7.5-acre parcel in Hauppauge, NY, the Woodlands Office Park was acquired last year by Metropolitan Realty Associates and is undergoing a major redevelopment that is attracting a raft of new occupants.
NEW YORK CITY-The electronics giant will stake out new territory in time for the holiday shopping season with a store on Southern Boulevard. The retailer is negotiating a number of leases in "similar neighborhoods," two of which could be signed by year's end.
NEW YORK CITY-City Council Speaker Gifford Miller blasts the current plan for awarding Liberty Bonds to residential projects and unveils the Council's own proposal for allocating the $1.6 billion in federal funding.
NEW YORK CITY-Today is the deadline for interested teams to submit their qualifications to the Lower Manhattan Development Corp., and a panel to winnow down the applicants is now in place.
NEW YORK CITY-The Atlanta-based REIT buys a 238,400-sf Long Island building, a separate 10,000-sf daycare facility and an 1,875-space parking lot. The property is leased to the GSA and used by the IRS.
NEW YORK CITY-Upper East Siders know Grace's Marketplace for its high-class take-out, but the family-owned business also supplies many of the city's restaurants and hotels. It will open a second retail store further uptown in a new building that will also house its wholesale business.
ABINGTON, MA-Massachusetts-based Abington picks up three area banking offices with Friday's $17.3-million acquisition. The conversion is expected to be completed in about a month.
NEW YORK CITY-Jeffries & Co. Inc. now has a fourth elevator stop at 520 Madison Ave., while UniCredito Italiano is moving its North American headquarters from the Seagrams building up to 430 Park.
NEW YORK CITY-There's one on just about every Manhattan corner, but pharmacy chain Duane Reade is nearly invisible in the outer boroughs. A broker involved in the deal says a new Kew Gardens lease is part of the company's claim-staking strategy.