WHITE PLAINS-At a real estate conference last week, one veteran broker theorized that if Manhattan's economy takes a hit in early 2001, it could prove advantageous for Westchester.
WHITE PLAINS-Paul Adler, former chairman of the Rockland County Democratic Party, was indicted by a Federal grand jury on 14 counts of bribery, extortion and mail fraud in connection with some real estate deals in Rockland County.
STAMFORD, CT-Xerox Corp. announces that as part of its ongoing turnaround plan, it has reached an agreement to sell its entire operations in China to Fuji Xerox for $550 million.
WALTHAM, MA-Lycos Inc. has signed a lease for 103,000 sf that will serve as expansion space for the Internet service company's existing headquarters property nearby.
GREENWICH, CT-Urstadt Biddle Properties Inc., a retail REIT, reported a slight increase in funds from operations for fiscal year 2000 and a drop in net income due mainly to bankruptcy filings by some of its tenants.
GREENWICH, CT-Urstadt Biddle Properties Inc., a retail REIT, reported a slight increase in funds from operations for fiscal year 2000 and a drop in net income due mainly to bankruptcy filings by some of its tenants.
WILTON, CT-AIG Financial Products Corp. has decided to pull up stakes and relocate from offices in Westport, CT to 65,584 sf of space at 50 Danbury Rd. here, becoming the first tenant at the Davis Companies' Wilton Corporate Park.
SOUTH NORWALK, CT-Three new lease deals totaling more than 33,000 sf of space have been signed at the former Norwalk Lock Co. building in South Norwalk, says Cushman & Wakefield, which brokered the transactions.
ALBANY-New York Governor George Pataki has vetoed a bill that would have required sellers of one to two family residences in New York State to fill out a Property Condition Disclosure Statement notifying the buyer of any known property defects.
CAMBRIDGE, MA-InforMax Inc., a biotechnology services company, reports it has opened a 2,500 sf sales office at 210 Broadway. The lease reflects the area's ever-growing appeal to the biotechnology industry.