NEW YORK CITY-Fund managers believe a wave of distressed buying opportunities will start in 2011, not this year, says an E&Y report.

NEW YORK CITY-Fund managers believe a wave of distressed buying opportunities will start in 2011, not this year, says an E&Y report.

NEW YORK CITY-Leasing activity and investment sales across Manhattan are up sharply year-over-year, although a general recovery is still ahead, says Cushman & Wakefield.

NEW YORK CITY-The century-old law firm will continue occupying its 49,000-square-foot space at Monday Properties' 230 Park Ave. for 15 more years.

NEW YORK CITY-PineBridge Investments, formerly the global investment arm of AIG, is consolidating into a combination of sublet and direct space at 399 Park Ave.

NEW YORK CITY-PineBridge Investments, formerly the global investment arm of AIG, is consolidating into a combination of sublet and direct space at 399 Park Ave.

NEW YORK CITY-Modest increases in Q1 asking rents for Midtown and Midtown South were accompanied by a decline in availability, says a FirstService Williams report.

NEW YORK CITY-Modest increases in Q1 asking rents for Midtown and Midtown South were accompanied by a decline in availability, says a FirstService Williams report.