NEW YORK CITY-Africa Israel's accord with Five Mile Capital wipes out half the Israeli developer's $652-million debt on 229 W. 43rd St., Bloomberg reports.

POUGHKEEPSIE, NY-New Jersey-based Solomon Organization has bought the 1,187-unit garden apartment portfolio from AIMCO.

POUGHKEEPSIE, NY-New Jersey-based Solomon Organization has bought the 1,187-unit garden apartment portfolio from AIMCO.

NEW YORK CITY-The newest Moody's/REAL Commercial Property Price Index report shows declines have eased since last spring but are nearly 44% off their peak.

NEW YORK CITY-The newest Moody's/REAL Commercial Property Price Index report shows declines have eased since last spring but are nearly 44% off their peak.

NEW YORK CITY-The City Council's 36-10 vote to rezone the Broadway Triangle for housing and retail comes two decades after the area was designated for urban renewal.

The Downtown Alliance's recently opened Hive at 55 typifies coworking facilities that provide office-like support for those without offices

The Downtown Alliance's recently opened Hive at 55 typifies coworking facilities that provide office-like support for those without offices