QUEENS, NY-Galway Properties LLC, which paid $10 million for 159-05 Union Turnpike a few years ago, is selling the building for an asking price of nearly $28 million.

NEW YORK CITY-Gov. Paterson calls on the Port Authority to provide a 'realistic and achievable schedule' of the WTC site reconstruction timeline and budget.

NEW YORK CITY-Gov. Paterson calls on the Port Authority to provide a 'realistic and achievable schedule' of the WTC site reconstruction timeline and budget.

NEW YORK CITY-Shorenstein pays $930 million for the 93.5% interest in the controlling partnership of Park Avenue Tower and 850 Third Ave.; Chrysler Building also in play.

NEW YORK CITY-Shorenstein pays $930 million for the 93.5% interest in the controlling partnership of Park Avenue Tower and 850 Third Ave.; Chrysler Building also in play.

NEW YORK CITY-American International Realty Corp., the real estate arm of American International Group Inc., will allow consolidation of several Downtown AIG offices.

NEW YORK CITY-American International Realty Corp., the real estate arm of American International Group Inc., will allow consolidation of several Downtown AIG offices.

SYOSSET, NY-The ruling to issue a special permit, allows Taubman Centers to soon begin construction on a 750,000-sf luxury shopping center here, which has faced many court-related delays.