NEW YORK CITY-Despite a dearth of buying opportunities thus far in the cycle, investors expect the market to improve sometime this year, says E&Y.

NEW YORK CITY-Despite a dearth of buying opportunities thus far in the cycle, investors expect the market to improve sometime this year, says E&Y.

NEW YORK CITY-A city-controlled entity will be responsible for development and operation of the 172-acre island under a deal announced Sunday.

NEW YORK CITY-A New Jersey lawmaker's call for an investigation into Mikhail Prokhorov's Zimbabwe ties creates another obstacle for Atlantic Yards, the <i>New York Post</i> says.

NEW YORK CITY-The drugstore chain's new parent says it plans to promptly repay or redeem Duane Reade's $457 million of outstanding debt.

NEW YORK CITY-The drugstore chain's new parent says it plans to promptly repay or redeem Duane Reade's $457 million of outstanding debt.

NEW YORK CITY-The attorney general has told Extell it must release 41 buyers from their contracts at the developer's luxury Rushmore project, according to <I>Crain's.</I>

NEW YORK CITY-The property-management firm will handle day-to-day operations at the Harlem apartment complex, which recently sold in a foreclosure auction.