NEW YORK CITY-The portfolio of 13 office buildings and one strategic distribution center is 98.2% leased, primarily to government tenants.

NEW YORK CITY-The portfolio of 13 office buildings and one strategic distribution center is 98.2% leased, primarily to government tenants.

NEW YORK CITY-At an investor conference here, CFO Joseph Macnow said "the economics are not warranted" to proceed with the planned 125th Street project.

NEW YORK CITY-At an investor conference here, CFO Joseph Macnow said "the economics are not warranted" to proceed with the planned 125th Street project.

NEW YORK CITY-Manhattan's office vacancy rate is the highest in three years, say a pair of new reports; a third predicts more softening.

NEW YORK CITY-Manhattan's office vacancy rate is the highest in three years, say a pair of new reports; a third predicts more softening.

NEW YORK CITY-A proposed occupancy tax increase, the first in 14 years, draws opposition from the city's hotel association.

NEW YORK CITY-A proposed occupancy tax increase, the first in 14 years, draws opposition from the city's hotel association.