WESTBURY, NY-The residential manager and owner has set up a new division to provide third-party management on individual buildings and portfolios.

NEW YORK CITY-The Moody's/REAL property indices show an 18.6% drop in office prices during Q1, with secondary and tertiary markets faring worst.

NEW YORK CITY-The Moody's/REAL property indices show an 18.6% drop in office prices during Q1, with secondary and tertiary markets faring worst.

NEW YORK CITY-A report by Massey Knakal and Miller Cicero predicts that deal velocity will start to rise as the year goes on.

NEW YORK CITY-A report by Massey Knakal and Miller Cicero predicts that deal velocity will start to rise as the year goes on.

NEW YORK CITY-The 76-story Beekman Tower and other stalled development projects could see construction costs drop 16% to 21% under an agreement between labor and management.

NEW YORK CITY-The 76-story Beekman Tower and other stalled development projects could see construction costs drop 16% to 21% under an agreement between labor and management.

NEW YORK CITY-Ernst & Young's survey of 40 real estate fund sponsors finds that debt-related concerns dominate the top five strategic priorities for 2009.