NEW YORK CITY-At a press briefing on Tuesday morning, Bob Knakal of Massey Knakal Realty Services said Manhattan and Brooklyn are seeing a tremendous amount of international as well as first-time buyers for office, multifamily and retail product, which has ramped up competition—and pricing.

NEW YORK CITY-The financial services giant has gone from a sublease to direct space at the Lower Manhattan skyscraper owned by Brookfield Office Properties. BOP’s president Dennis Friedrich tells GlobeSt.com’s Jacqueline Hlavenka that the deal “truly kicks off the second quarter” after a flat start to the year.

NEW YORK CITY-In the publicly-traded REIT’s latest 8-K filing, the company’s chairman said Vornado will be redefining its New York business segment, as well as actively trimming non-strategic, non-geographic assets.

NEW YORK CITY-The ratings agency pushed back its timetable in evaluating ratings for 114 banks in 16 European countries, Moody’s confirms in a statement to GlobeSt.com. If it goes through, sources say the action could impact investor confidence.

NEW YORK CITY-New research from the brokerage firm shows that low interest rates, pent-up demand and balance sheet improvements are driving real estate growth. Click through for interactive data.

NEW YORK CITY-Totaling 350,000 square feet, the buildings include 165 W. 91st St., 393 West End Ave. and 55 W. 92nd St.

NEW YORK CITY-As a means to diversify the company’s acquisitions and CPA series, the sale-leaseback leader has promoted Jason Fox and Gino Sabatini as co-heads of global investments.

NEW YORK CITY-Chase Welles, the Real Estate Board of New York’s retail chair and vice president of the Shopping Center Group, talks to GlobeSt.com about the opportunities for tenants in the Lower Manhattan shopping scene.