NEW YORK CITY-Sources say it is easier for owner's to increase concessions than to lower rent, noting that if you lower asking rents, you must lower it across the board.

NEW YORK CITY-The suit asks for an injunction to stop construction of Columbus Village, a development being built amid the affordable housing complex, Park West Village.

NEW YORK CITY-The suit asks for an injunction to stop construction of Columbus Village, a development being built amid the affordable housing complex, Park West Village.

NEW YORK CITY-Concession packages change in tandem with the shifting balance of supply and demand in respective markets, sources say.

NEW YORK CITY-Concession packages change in tandem with the shifting balance of supply and demand in respective markets, sources say.

NEW YORK CITY-With the hire of Dina Tolia Gupta at the locally based firm, it continues its expanded real estate practice in the Stamford, CT office.

LONG ISLAND CITY, NY-Buyer EX 11 Northern Blvd. Acquisition LLC, run by JP Morgan, will develop the property into multiple loft-style commercial tenancy with ground floor retail.

NEW YORK CITY-The introduction of structural steel at 11 Times Square and the completion of the foundation are significant milestones for the 1.1-million-sf, 40-story tower.