Vacancy rates increase in nearly every Manhattan submarket, but prime spaces continue to command high prices in select areas.

NEW YORK CITY-The site, which contains 300,000 sf of buildable space, is one of two sites available for commercial development on the Westside waterfront south of 59th Street.

NEW YORK CITY-The site, which contains 300,000 sf of buildable space, is one of two sites available for commercial development on the Westside waterfront south of 59th Street.

NEW YORK CITY-Carlton arranges a $325-million first mortgage, $135-million mezzanine mortgage and $170 million in equity from a $3-billion fund for the office and retail asset.

NEW YORK CITY-Carlton arranges a $325-million first mortgage, $135-million mezzanine mortgage and $170 million in equity from a $3-billion fund for the office and retail asset.

NEW YORK CITY-Two Manhattan properties at 711 Third and 810 Seventh avenues will receive upgrades as well as 16 Court St., which SL Green recently purchased.

NEW YORK CITY-Two Manhattan properties at 711 Third and 810 Seventh avenues will receive upgrades as well as 16 Court St., which SL Green recently purchased.

NEW YORK CITY-Wachovia's reported sale of 1372 Broadway for $41 million less than it paid last year, will help generate capital, sources say.