NEW YORK CITY-The largest LED screen in the country will be part of a 36-story mixed-use project set to rise at 701 Seventh Ave., at the north end of Times Square.

The world has evolved in the 47 years since the Seward Park redevelopment was first envisioned, but the plan still makes sense. Transformational projects don’t always have such a long shelf life.

NEW YORK CITY-State Comptroller DiNapoli says the financial services industry is “in transition,” a state of flux that led Fitch Ratings to temper its long-term outlook for landlords that rely on the sector.

NEW YORK CITY-Forty-seven years in the making, the Seward Park redevelopment plan will bring 1.65 million square feet of residential and commercial development to the largest swath of undeveloped city-owned land south of 96th Street.

NEW YORK CITY-Nearly $27 billion of additional capital would need to be aggregated among banks that failed the test, mainly smaller institutions, Trepp's Matthew Anderson tells GlobeSt.com’s Paul Bubny.

NEW YORK CITY-The private equity giant says about 35% of its $13.3-billion Blackstone Real Estate Partners VII fund has already been committed or invested.

NEW YORK CITY-With the city playing to its strengths in both legacy and emerging industries, the development focus “can’t just be Manhattan,” the EDC’s Seth Pinsky said during Tuesday’s RealShare New York discussion.

NEW YORK CITY-Uncertainty about what to expect next from the government is making would-be investors hit pause, although there could be a year-end flood of product, experts told a RealShare New York audience Tuesday.