NEW YORK CITY—The advertising firm's commitment to 1675 Broadway, a Rudin building, makes a "great statement about the city, " says Bill Rudin, CEO of Rudin Management Co.

NEW YORK CITY—Stepping outside of the box, the firm has hired Kimberly Brennan, a high-ranking woman with more than two decades of industry experience.

GREENSBORO, NC—New York City-based Greystone reports it has provided $30.05-million in acquisition financing to Varden Capital Properties of New York City for its acquisition of a total of 941 residential units here and in Winston-Salem, NC.

NEW YORK CITY—In his second such speech, New York City Mayor Bill de Blasio said Tuesday his administration intends to tackle the high cost of housing in the city by building or preserving 200,000 affordable units in the next 10 years.