NEW YORK CITY-In an exclusive interview, the owners of 1211 Ave. of the Americas claim they were never permitted "discussion" time before discovering their Class E pass-throughs were downgraded. They also protest that the downgrade happened despite the additional funds they shelled out for increased terrorism insurance.

NEW YORK CITY-The New York Stock Exchange, stating that Grubb & Ellis was unable to meet its requirements, has stripped the firm of its listing. Some say that going private is an option. In the meantime, an internal memo obtained by GlobeSt.com reveals that an unfazed chairman Kojaian has upped his voting control.

NEW YORK CITY-Some $71 million in structured securities are impacted by a relatively small interest shortfall as Moody's downgrades mortgage pass-throughs on the Rock Center building. But industry observers say the problem transcends dollar amounts and specific properties.

NEW YORK CITY-The badge-checkers are stationed at the portals of our nation's lobbies, but most respondents to GlobeSt.com's latest Quick Survey tell us that it's not nearly enough.

NEW YORK CITY-And they gave our thoughts--concerning the LMDC's exceeding slowness in producing even a viable redevelopment plan--almost unanimous thumbs up. The most appropriate way to honor all whom we lost in the attacks--the editorial argued--was to pursue redevelopment actively and aggressively.

NEW YORK CITY-Currently being shopped around to cable stations, the BOMA/NY documentary is a combination of tribute to and journal by those who manage the properties that rimmed the World Trade Center. The film will also be made available to all BOMA chapters.

As is the case with all issues of perspective, our view of the World Trade Center has changed dramatically in the past 365 days. How you view the World…

NEW YORK CITY-Brookfield has beefed up its World Financial Center holdings with its purchase of Lehman Brothers' 51% interest in 3 WFC. The firm already has claims to the other three WFC assets.