Andy Graiser, co-president of DJM Realty, a Gordon Brothers Group company, talks with Ian Ritter about distressed retail.

Andy Graiser, co-president of DJM Realty, a Gordon Brothers Group company, talks with Ian Ritter about distressed retail.

NEW YORK CITY-Jonathan Kimmel, a Rent Guidelines Board member since 2006, has been named to succeed Marvin Markus as chair of the nine-member group.

NEW YORK CITY-The two locally based net-lease investors both say they're well positioned to grow their portfolios during this year.

NEW YORK CITY-The two locally based net-lease investors both say they're well positioned to grow their portfolios during this year.

NEW YORK CITY-A onetime parking garage that was converted to medical space has sold, highlighting this week's wrap-up of deals.

NEW YORK CITY-A onetime parking garage that was converted to medical space has sold, highlighting this week's wrap-up of deals.

NEW YORK CITY-A Building Congress analysis shows increased fourth-quarter activity, although Turner Construction's cost index reflects lower demand.