NEW YORK CITY-Abraham Hidary, president of Hidrock Realty, tells GlobeSt.com’s Jacqueline Hlavenka that Lower Manhattan has “all the ingredients” for hospitality, including state-of-the-art infrastructure, strong tourism and class A office space.

NEW YORK CITY-In declaring the resolution, borough president Scott Stinger recommended a “significant overall density reduction” to the project, which MAS president Vin Cipolla tells GlobeSt.com is a “balanced approach.”

NEW YORK CITY-Stuart Gross, executive managing director at Eastern Consolidated, tells GlobeSt.com that the assets are located across Upstate New York, Pennsylvania and Ohio.

NEW YORK CITY-The global advertising agency has taken additional space at the Downtown landmark, and a source close to the deal says asking rents went in the mid-$40s per square foot.

HARTFORD-The fund, designed in the “club concept” of fewer, select investors, is an opportunity to take advantage of the “aggressive pricing” in core real estate, company CEO Robert F. Little tells GlobeSt.com.

NEW YORK CITY-While technology, legal, media and other professional services continue to expand in the borough, financial services have slowed in the first quarter. But not for long, said the brokerage firm’s Michael Geoghegan at a press briefing on Tuesday morning.

NEW YORK CITY-In a Q&A, the tenant rep firm’s chief executive officer anticipates that Northeast leasing will stay strong despite concerns from economists.

NEW YORK CITY-The Manhattan-based start-up unveiled its new Flatiron District headquarters at 35 East 21st Street against the backdrop of the city’s solar energy benchmark goals, as announced by Mayor Bloomberg.