NEW YORK CITY-Transactions will start to establish a pricing mechanism in 2009, but experts warn there will be no shortcuts through the pain.

NEW YORK CITY-Roseland Property Co.'s 44-story Riverbank West on the Far West Side has gotten a four-year, fixed-rate loan.

NEW YORK CITY-Roseland Property Co.'s 44-story Riverbank West on the Far West Side has gotten a four-year, fixed-rate loan.

NEW YORK CITY-John Roche, Gramercy's CFO since April 2008, is leaving the company by early spring to pursue other interests.

NEW YORK CITY-John Roche, Gramercy's CFO since April 2008, is leaving the company by early spring to pursue other interests.

NEW YORK CITY-The Independent Budget Office's forecast of citywide job losses in the downturn is 40% higher than the state comptroller's.

NEW YORK CITY-The Independent Budget Office's forecast of citywide job losses in the downturn is 40% higher than the state comptroller's.

NEW YORK CITY-A blue-ribbon commission says the Metropolitan Transportation Authority should encourage transit-oriented development and draw most of its energy from renewable sources.