NEW YORK CITY-Steve Sakwa, senior real estate analyst for Merrill Lynch, told a luncheon gathering the REIT party is slowing down thanks to increasing risk of development and leveling off and declining value in some areas.
NEW YORK CITY-The real estate services firm based here has been named the manager of 19 corporate sites for Metropolitan Life Insurance Company in a multi-year agreement. The arrangement becomes effective Jan. 2, 2001.
NEW YORK CITY-The International Development Research Council Foundation has presented the Global Innovators Award to the city's Economic Development Corporation president Michael G. Carey for Digital NYC: Wired to the World.
NEW YORK CITY-As Chase's new lease at 245 Park Ave. was becoming public knowledge yesterday, its employees were telling GlobeSt.com they believe the future of their jobs with the bank is shaky at best.
NEW YORK CITY-One of the world's biggest and most famous retail sponsored parades, the Macy's Thanksgiving Day Parade, annually kicks off the holiday frenzy. Retailers looked to this Black Friday to jump start business.
NEW YORK CITY-Sonneblick-Goldman, based here, arranged for a refinancing loan from a pension fund for Plymouth Meeting Executive Campus, a four-building class A complex of office space in Plymouth, PA.
NEW YORK CITY-A building with a clear view of Manhattan and 82,000 sf of space is looking for a new owner to call it home in a hotspot of Queens. The space is a former manufacturing facility.
NEW YORK CITY-Following J.A. Jones-GMO LLC chairman Al McNeil's pronouncement that he believes development will slow locally, creating a "soft landing," others point to current and planned development as proof the building goes on steadily.
NEW YORK CITY-DaimlerChrysler has loaned money to 39 Broadway in Manhattan to help refinance current debt and reimburse certain capital costs. The building is a Class B+ high-rise.
NEW YORK CITY-For those who still say diamonds are their best friends, they'll have more space in which to shop for them in the store Audrey Hepburn's Holly Golightly solidified as the jewelry destination.