NEW YORK CITY-The new financing on the 36-story office tower at 100 Park Ave. replaces an existing mortgage of $175 million.

NEW YORK CITY-A project labor agreement to reduce costs means that work will resume on the 55-story tower at 440 W. 42nd St.

NEW YORK CITY-A project labor agreement to reduce costs means that work will resume on the 55-story tower at 440 W. 42nd St.

NEW YORK CITY-The ratings agency has revised its outlook for the retail sector from negative to stable, while noting that industry conditions remain weak.

NEW YORK CITY-The ratings agency has revised its outlook for the retail sector from negative to stable, while noting that industry conditions remain weak.

NEW YORK CITY-A KPMG survey of private equity players cites real estate as the favorite sector for distressed opportunities.

NEW YORK CITY-A KPMG survey of private equity players cites real estate as the favorite sector for distressed opportunities.

NEW YORK CITY-Growth in several employment sectors is helping the borough weather the recession, and it's also getting more than $1 billion in stimulus funds