'More universities are relying on the private sector.'

NEW YORK CITY-A Dubai investment group inks an approximately $300-million deal for 6 Times Square, the former site of the Knickerbocker Hotel. In another deal, Broadway Partners spends $420 million for 522 Fifth Ave. and is under contract for another site, sources tell GlobeSt.com.

NEW YORK CITY-Developer Pantheon Properties forms a construction-oriented joint venture with Oculus Builders. The venture will work on industrial, office, multifamily and mixed-used projects.

NEW YORK CITY-In one of the largest deals here in a while, Hudson Waterfront Associates takes title to 1290 Ave. of the Americas for approximately $1.25 billion. The nearly two-million-sf Midtown tower is 96% leased.

NEW YORK CITY-In one of the largest deals here in a while, Hudson Waterfront Associates takes title to 1290 Ave. of the Americas for approximately $1.25 billion. The nearly two-million-sf Midtown tower is 96% leased.

NEW YORK CITY-Risk needs to become more important of a factor in the net lease environment, panelists at RealShare Net Lease suggested. Other critical issues on the tip of people's tongues included cash flow, replacement costs and doing business in the post-Enron world.

NEW YORK CITY-Nearly a year after the Kelo decision grabbed headlines, it's still a matter for debate.

NEW YORK CITY-Nearly a year after the Kelo decision grabbed headlines, it's still a matter for debate. In the aftermath of the Supreme Court decision, federal and state legislation was introduced to deal with the subject of eminent domain. Panelists at a ULI breakfast meeting on the topic cautioned against the use of any "knee-jerk" legislation.