NEW YORK CITY-The organization continued its tenancy of nearly 60,000 square feet largely on the promise of Brookfield's planned extensive upgrade of the mixed-use complex.

NEW YORK CITY-The REIT is asking approximately $650 million for the property after picking it up in 2011 for about $427 million.

NEW YORK CITY-The company unloads 49 units at the Breakers at Sheepshead Bay, which it bought in late 2012, for $19 million.

NEW YORK CITY-The lease, at the Queens Atrium, adds 23,000 square feet to a public sector tenant's space.

NEW YORK CITY-A partner at the firm since 1997, Belinda Schwartz becomes only the second female leader of a major real estate law practice.

NEW YORK CITY-"Value creation for our clients is paramount and absolutely a driving factor in thisannouncement," Cornish & Carey Commercial president and CEO Chuck Seufferlein tells GlobeSt.com''s Rayna Katz exclusively in this UPDATE.

NEW YORK CITY-The credit enhancement will go toward building 160 Madison Ave., a 319-unit residential tower where 80% of the apartments will be affordable.

NEW YORK CITY-The newly elected chair of the association plans to launch a major initiative to research—and ultimately emulate—innovative construction, design and other building industry efforts.