The initial phase of the agreement will facilitate Cushman & Wakefield appraisers to provide multifamily valuation services in the New York market utilizing Bowery's proprietary technology.

After years spent focusing on build-to-suit development and business on its home turf, the Rockefeller Group is making a major push into new markets—and new strategic directions

Earlier this month CoStar announced it was buying the website ForRent for $350 million in cash and $35 million in company stock.