NEW YORK CITY-Located at 199 Bowery between Spring and Prince streets, the newly completed 12-story luxury residential tower is looking for upscale retail tenants to fill nearly 20,000 sf on the ground and lower levels of the building.

NEW YORK CITY-Auto insurance firm GEICO Direct signs a $10 million-plus, 10-year lease for 41,500 sf in the two-floor Long Island office building, owned and managed by 875 Merrick LLC. Brokers say this deal marks the largest office space signing for Nassau County this quarter.

NEW YORK CITY-In a vote of confidence for a near-future real estate recovery, ABP, the world's largest pension fund, hires Lend Lease Hyperion Capital Advisors to manage its new below-investment-grade CMBS account. ABP manages $165 billion in assets worldwide.

NEW YORK CITY-Internet datacenter provider AccessIT signs a 10-year lease for two floors at 75 Broad St. The 675,000-sf building remained at full power with no communication problems on Sept. 11, in part due to a $30-million data backup renovation completed two years ago.

NEW YORK CITY-The 15-story build-to-suit will be constructed at 30-30 Northern Blvd. in Queens, pending leasing commitments for at least 60% of the tower. Developer Edward J. Minskoff says he is hoping to lure decentralization-minded Midtown firms across the river.

NEW YORK CITY-Development is already under way on the $150-million plan through a partnership agreement announced yesterday. The layout is designed to transform a disused 67-acre swath along Brooklyn's East River waterfront into a public park and includes a hotel as well as a "Chelsea Piers-like" recreation center.

NEW YORK CITY-Travel and real-estate services provider Cendant Corp. trades 48.3 million of its own shares for 90% of the outstanding stock in timeshare company Trendwest Resorts Inc. Cendant will acquire the remainder of Trendwest's common stock, possibly within 30 days.

NEW YORK CITY-Travel and real-estate services provider Cendant Co. yesterday traded 48.3 million of its own shares for 90% of the outstanding stock in timeshare company Trendwest Resorts. Cendant will acquire the remainder of Trendwest's common stock within 30 days, GlobeSt.com is told.