If you look at real estate as just a financial tool, you're going to get hurt.

If you look at real estate as just a financial tool, you're going to get hurt.

NEW YORK CITY-Rome Acquisition, the partnership between developer Carl Icahn and Macklowe Properties, says it is willing to move quickly to sign a merger agreement.

NEW YORK CITY-KG Land New York sells the hotel it built in 1989 and has owned since then. The property was partially renovated in 2005.

NEW YORK CITY-The company sells 165,000 sf to the Empire State Development Corp. and receives in return 185,000 sf in Midtown. Time Equities plans to lease the new space.

NEW YORK CITY-After weeks of debate over the proposed merger's value, the new bid offers more money per share; but SL Green believes the offer was made in haste.

NEW YORK CITY-After weeks of debate over the proposed merger's value, the new bid offers more money per share; but SL Green believes the offer was made in haste.

NEW YORK CITY-Carl Icahn and Macklowe Properties are reportedly submitting a bid for Reckson above SL Green's current offer. The new player comes after weeks of news on shareholders concerns about the value of the transaction.