NEW YORK CITY-Fashion designer Calvin Klein sing and early renewal deal for nearly 143,000 sf in a Midtown tower. Klein has used the site for his headquarters since 1978.

VALENCIA, CA-The company also announces the settlement of a lawsuit and estimates per-unit income for the year.

PALMDALE, CA-The property trades in a 1031 Exchange involving Southern California-based private investors. The 148-room inn, which was built in 1988 and renovated in 2000, sells for $11.5 million, or $77,703 per room.

SAN FRANCISCO-Sources tell GlobeSt.com the Palo Alto, CA-based real estate investor will pay about $80 million for the two-tower property, which came to market this spring in a lender-driven sale that followed a loan default by building owner Tishman Speyer Properties, which paid $190 million for the property in 1999.