NEW YORK CITY-Lehman Brothers Holdings Inc. will reduced exposure to residential and commercial mortgages and real estate investments by approximately 20% in each asset class.

NEW YORK CITY-The five-story, 223,000-sf facility is said to be the largest and most significant research building to be constructed in the Bronx in half a century.

NEW YORK CITY-The five-story, 223,000-sf facility is said to be the largest and most significant research building to be constructed in the Bronx in half a century.

NEW YORK CITY-Real Capital Analytics Inc. hired Susan Kane as director of sales. Prior to joining RCA, Kane was director of sales for SelectLeaders.com.

NEW YORK CITY-NYS Housing Finance Agency approves financing, which will have an effect on 1,802 affordable units in and around New York City.

NEW YORK CITY-NYS Housing Finance Agency approves financing, which will have an effect on 1,802 affordable units in and around New York City.

NEW YORK CITY-William S. Macklowe is named chairman and CEO of the firm after weeks of speculation. His father, Harry Macklowe has been named chairman emeritus.

NEW YORK CITY-GlobeSt.com learns that the buyer is a partnership between Steven Werther and Winka Subbeldam, who purchased the property for less than 8% of the asking price.