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NEW YORK CITY-The Artist of the Deal trumps the aces of three short-listed bidders. Contracts for the Park Avenue landmark were signed Wednesday and the transaction will close early next year.
NEW YORK CITY-A $98-million office and retail complex slated to be built in the Bronx now has a developer attached to it. Starrett has been chosen to build on the 250,000-sf site.
NEW YORK CITY-Two East Side retail projects in various stages of development will add a UK-based chain eatery and an upscale boutique to the city's retail mix.
RIVERHEAD, NY-The Long Island community has made one of the largest industrial/office sales in local history: the 491-acre Phase I of Enterprise Park at Calverton.
PORT WASHINGTON, NY-The Long Island-based REIT unloads the last of its non-core assets with the sale of 17 retail properties located throughout the eastern US.
NEW YORK CITY-Beverly Hills oil billionaire Marvin Davis is nearly ready to sign final papers for the purchase of 450 Lexington Ave., a 40-story office tower adjacent to Grand Central Station.
NEW YORK CITY-A prominent Hell's Kitchen watchdog group is guardedly supporting the addition of a major supermarket to a vastly underserved stretch of 10th Avenue.
NEW YORK CITY-The World Trade Center's largest tenant has signed a five-year lease in the Downtown building where it already occupies 73,000 sf of office space.