NEW YORK CITY-On the market for the first time since 1955, a 119-unit rental property at 333 Ovington Ave. trades for a 6% cap rate.

NEW YORK CITY-On the market for the first time since 1955, a 119-unit rental property at 333 Ovington Ave. trades for a 6% cap rate.

NEW YORK CITY-Despite challenges in the more austere retailing environment, category-specific operators can capitalize on the growing imbalance between supply and demand, says a report.

NEW YORK CITY-Despite challenges in the more austere retailing environment, category-specific operators can capitalize on the growing imbalance between supply and demand, says a report.

NEW YORK CITY-Perkins + Will has grown to 40,260 square feet at 215 Park Ave. South, adding 16,500 square feet of sublease space.

NEW YORK CITY-Perkins + Will has grown to 40,260 square feet at 215 Park Ave. South, adding 16,500 square feet of sublease space.

NEW YORK CITY-The marine classification society, which had been based at the World Trade Center until 9/11, has leased 13,000 square feet in the Grand Central district.

NEW YORK CITY-The marine classification society, which had been based at the World Trade Center until 9/11, has leased 13,000 square feet in the Grand Central district.