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NEW YORK CITY-Sources say that Murray Hill Properties has failed to pay up its loan for 1180 Sixth Ave. located between West 46th and West 47th streets.
NEW YORK CITY-The first phase of the new academy for the New York Police Department is under construction and has been likened to buildings seen in sci-fi movies.
CHICAGO-An affiliate of Chicago-based Newcastle Ltd. has acquired a shopping center measuring 14,800 square feet at 2500 W. North Ave. from a venture headed by William Senne.
NEW YORK CITY-Sandler O'Neill + Partners, an investment banking firm, has signed a lease deal with Mitsui Fudosan for 70,000 square feet of space at 1251 Ave. of the Americas.