NEW YORK CITY-Taconic's 33-story property is an attractive buy for Somerset because of the location, potential rents and timeless architecture.

NEW YORK CITY-After 40 years of owning and maintaining the 40,000-sf Queens property, the Schneider family sheds it at 13 times the gross rent.

NEW YORK CITY-After 40 years of owning and maintaining the 40,000-sf Queens property, the Schneider family sheds it at 13 times the gross rent.

NEW YORK CITY-Locally based Blackstone Group appoints Host Hotels & Resorts' president & CEO, to oversee Hilton's line of brands.

NEW YORK CITY-Locally based Blackstone Group appoints Host Hotels & Resorts' president & CEO, to oversee Hilton's line of brands.

NEW YORK CITY-Locally based Blackstone Group appoints Host Hotels & Resorts' president & CEO, to oversee Hilton's line of brands.

NEW YORK CITY-Eli Cohen, who purchased the 304 Fifth Ave. property with the intention of building retail, is selling the property for $7.5 million.

NEW YORK CITY-Eli Cohen, who purchased the 304 Fifth Ave. property with the intention of building retail, is selling the property for $7.5 million.