NEW YORK CITY-Ritter comes from Shopping Centers Today to oversee the editorial content of Real Estate Media's newest venture--GlobeStRETAIL.com. The new site launches on Oct. 11.
NEW YORK CITY-Following an intensive 15-month marketing campaign, Grubb & Ellis completes a leasing assignment for Instanet at 3 Times Square. A major component is a 93,000-sf sublease for FTI Consulting. So far this year, the firm has doubled its business over the same time frame last year.
WHITE PLAINS-The topping off of the 35-story Trump Tower at City Center and the groundbreaking for the $375-million Renaissance Square complex mark the start of a renewal of the Downtown area here.
NEW YORK CITY-To fill a dramatic need for student housing in the tight residential market here, the Fashion Institute of Technology spends $48 million for a West Side building and will spend $64 million to convert it into nearly 500 student apartments.
NEW YORK CITY-The headquarters for a new airline and a marine terminal redevelopment program in Staten Island were two of six projects that received incentives from the IDA. The agency claims the efforts will bring in more than $109 million in investments and nearly 800 jobs.
NEW YORK CITY-C&W adds a few industry veterans to its ranks. John Gallagher signs on to improve information sharing and discover opportunities once they come into the pipeline. And Michael Burgio returns to C&W as executive vice president.
NEW YORK CITY-Vice Verse, a locally based restaurant group, inks a 25-year deal for prime Times Square space being offered by a religious group. The per-sf price was $35.56, or $160,000 each year, for the two-story, 4,500-sf retail site.
NEW YORK CITY-Tarragon Corp. plans to offer $100 million of its senior notes which are due in 2011 to repay debt and pursue acquisitions and joint venture investments. The homebuilder is anticipating encouraging returns from its new northeast developments.