NEW YORK CITY-Part of the Related Cos.' 1.2-million-square-foot project at 440 W. 42nd St., the Signature Center is slated for completion in 2012.

NEW YORK CITY-Part of the Related Cos.' 1.2-million-square-foot project at 440 W. 42nd St., the Signature Center is slated for completion in 2012.

PORT WASHINGTON, NY-The locally based retail REIT also says it has expanded its secured revolving credit facility to $285 million.

NEW YORK CITY-Top-tier office rents in Manhattan have declined 17.8% over the past six months, versus 18.7% between fall 2008 and this past spring, says JLL.

NEW YORK CITY-Top-tier office rents in Manhattan have declined 17.8% over the past six months, versus 18.7% between fall 2008 and this past spring, says JLL.

NEW YORK CITY--Federal policy, rather than market fundamentals, is setting the pace for the industry's resurgence, Pricewaterhousecoopers says in its quarterly investor survey

NEW YORK CITY--Federal policy, rather than market fundamentals, is setting the pace for the industry's resurgence, Pricewaterhousecoopers says in its quarterly investor survey

NEW YORK CITY-Africa Israel's accord with Five Mile Capital wipes out half the Israeli developer's $652-million debt on 229 W. 43rd St., Bloomberg reports.