NEW YORK CITY-The company will purchase the Bailey Banks & Biddle division for $200 million, plus inventory adjustment at the time of closing.

NEW YORK CITY-The company will purchase the Bailey Banks & Biddle division for $200 million, plus inventory adjustment at the time of closing.

NEW YORK CITY-The company will purchase the Bailey Banks & Biddle division for $200 million, plus inventory adjustment at the time of closing.

NEW YORK CITY-GlobeSt.com learns that due to the size of the property, this is one of the largest defeasance transactions closed for the eight-year-old company.

NEW YORK CITY-GlobeSt.com learns that due to the size of the property, this is one of the largest defeasance transactions closed for the eight-year-old company.

NEW YORK CITY-The contiguous walk-up apartment buildings on 1343-1347 Second Ave. and 242 E. 71st St., contain 50 residential units and eight commercial stores.

NEW YORK CITY-The contiguous walk-up apartment buildings on 1343-1347 Second Ave. and 242 E. 71st St., contain 50 residential units and eight commercial stores.

NEW YORK CITY-The 'liquidity crisis' raises many questions, but insiders are optimistic that New York City can handle it and will bounce back as it always has.