“The acquisition does highlight the fact that sometimes you acquire assets on Wall Street more efficiently than on Main Street.”

A private East Coast buyer in a 1031 Exchange purchased the asset free and clear of existing financing.

Gov. Andrew M. Cuomo moves forward with a plan promising faster, more reliable transportation to LaGuardia Airport by 2022.

Demand for last-mile industrial space is exploding, thanks in large part to ecommerce giant Amazon's growing need for fulfillment and distribution space. Here's why that might be a good thing for urban and suburban markets.