NEW YORK CITY-The retail market here is inching up and should remain attractive investments, according to Marcus & Millichap's National Retail Index. The city moves up three places in ranking.

MT. OLIVE, NJ-BMW and Seiko are two of the more prominent names who have been added recently to the tenant list at the International Trade Center here.

NEW YORK CITY-Dreyfus will stay in its Midtown base for the next 15 years after signing a renewal on 300,000 sf and an expansion deal for 40,000 sf.

STONY BROOK, NY-According to SUNY at Stony Brook's DGEIS, the university plans to annex either through purchase or eminent domain 246 acres of property owned by Gyrodyne to be used as a research and development campus.

BRIDGEPORT, NJ-The first-time partnership picked up the nearly 500,000-sf sites for $41 per sf in an effort to capitalize on what they anticipate will be an increase in leasing for industrial properties in the area.

NEW YORK CITY-C&W's Ken Krasnow says that two-million sf of residential conversions, the quick turnaround in building sales and a "historic" amount of pre-leasing at soon-to-be on the market offices are key signs that a recovery is in process here.

NEW YORK CITY-After unloading its West Side home of 40 years in a $72-million deal, the Red Cross in Greater New York is on the lookout for a new--more technologically savvy—-base of operations.

NEW YORK CITY-A trio of international designers are individually making pushes to expand their brand awareness nationally and have signed PBS Realty to manage the initiatives. And, cosmetics retailer Sephora inks a 12,482-sf lease for a new site here at 597 Fifth Ave.