NEW YORK CITY-Taconic principal Paul Pariser tells GlobeSt.com that the New York State Common Retirement Fund has "exercised its right of first refusal" and given the go-ahead for a Taconic/NYSCRF acquisition of 450 Park Ave. The move matches RFR Holding's bid.

NEW YORK CITY-Donald Trump may be out of the picture after walking away from the landmark with $57.5 million in hand, but that battling duo--Malkin and Helmsley--are still at each others throats over the property.

NEW YORK CITY-One of five such grants awarded nationally, the award has been earmarked to help foster the design of Durst Organization's NYCyberCenter's power generation and distribution systems.

NEW YORK CITY-Newly formed Normandy Real Estate Partners snags its first Manhattan office asset in the low to mid-$400s per sf. The buyer says 1370 was being pursued by those squeezed out of the 450 Park Ave. buy. Normandy bought the asset in partnership with Scott Landis.

NEW YORK CITY-A savings of 30% is being eyed by Real Estate Board members who are eager to reap the benefits of self-insuring. Terrorism coverage, however, is not on the agenda, according to board president Steven Spinola.

NEW YORK CITY-The acquisition swells the REIT's inventory by an additional 1.1 million sf. CalPers was the former owner. The acquisition is located roughly 30 miles north of Pittsburgh.

NEW YORK CITY-While Oncor International stopped Newmark from carrying the Oncor Flag into Atlanta, officials from both sides deny that it means a parting of ways.

NEW YORK CITY-More than 100 real estate journalists from around the nation will converge on New York City when the National Association of Real Estate Editors holds its 36th annual convention. Ready to greet them are some of the biggest names in the real estate industry.