ALBANY-Approximately 150 Realtors from across New York State lobbied state lawmakers today (Tuesday, June 5) for enactment of a host of real estate bills, including a proposal that would protect broker commissions in commercial sales transactions.
STAMFORD, CT-GE Capital Corp., will apparently stand put with its $7-billion financing proposal to Finova Group, despite news that rival Berkadia LLC has sweetened its offer for control of the bankrupt financial services firm.
WHITE PLAINS-SSR Realty Advisors has significantly bolstered its Core Separate Accounts real estate management business with the acquisition of the assets of GE Capital Investment Advisors of Boston.
WAPPINGER, NY-New York Governor George Pataki and a host of other state and local dignitaries were on hand for the opening of Cervalis Inc.'s new 71,000 sf Internet Data Center here in Dutchess County.
YONKERS-A former wire and cable manufacturing plant on the Hudson River shoreline here could eventually be another major television and movie production site in the New York Metro area, GlobeSt.com has learned.
BRIARCLIFF MANOR, NY-After more than four years in the approval process, developer Donald Trump is now moving dirt at his Trump National Golf Club here. However, the developer tells GlobeSt.com that the $125-million development will be well worth the wait.
RIDGEFIELD, CT-GHP Office Realty has acquired 38-C Grove St., a 25,000-sf building here, and is also under contract to acquire two other office buildings in the Westchester-Fairfield area, globest.com has learned.
NEW WINDSOR, CT-First Columbia LLC of Albany has retained Insignia/ESG to market its ambitious 2.5 million-sf mixed-use project on the Stewart International Airport property here. The site is a former army base.
STAMFORD, CT-Cosmetics giant Elizabeth Arden spurned some offers from other property owners, including several across the New York border in Westchester, and decided to keep its offices at First Stamford Place here.
SOUTHEAST, NY-The developer of $40 million "the Highlands" retail power center here reports that 280,000 sf of lease deals have been secured at the project, which is now under construction.