New York

Developer added 23-story tower, wants to pay down $161M construction debt.

It is another sign that Manhattan's office market is stabilizing.

It joins a growing crowd of investors eager for discounted opportunities.

City will no longer set aside 50% of affordable units for neighborhood residents.

Kering appears bent on acquiring prime retail properties around the world.

The partners are already in negotiations to buy $1 billion in office loans from different banks.

City's method of calculating CRE values cushions near-term blow to tax revenue.

Pre-leasing ebbs as demand slows, vacancy rate hits 3.1%.