NEW YORK CITY-Apartment investor Archstone-Smith adds the 254-unit Sonoma apartments to the list of its area holdings. The 29-story complex sold for $125.5 million.
NEW YORK CITY-Focusing its efforts on Lower Manhattan, a joint venture with members already listed as owners on the adjoining property, picked up the 303,175-sf office at 67 Wall St.
NEW YORK CITY-Two residential towers, totaling 318,000 sf and costing $120 million are planned for West Chelsea. Starwood opens the doors its first mid-priced venue in Chelsea as well.
BROOKLYN, NY-In a deal valued at more than $20 million, manufacturer Federal Jeans plans to construct two facilities--one in the Bronx and another in Queens--to complement its business here.
NEW YORK CITY-Industry veteran Keith Locker has been named president of Inlet Capital, which expect to do mezzanine investment transactions of $100 million this year and to acquire two large portfolios as well.
NEW YORK CITY-The architect chosen to work on the transportation hub at the World Trade Center is designing his first-ever US residential project just blocks from the WTC site.
NEW YORK CITY-The master plan to design the High Line area could be in place a year from now as the request for qualifications was just released by the organizations spearheading the redevelopment effort.
NEW YORK CITY-Cushman & Wakefield looks to provide a full-service hotel concentration by bringing on two industry veterans--Thomas McConnell and Paul Fitzpatrick, previously of CB Richard Ellis.
NEW YORK CITY-SL Green Realty Corp. will acquire the 292,000-sf 19 West 44th St., also known as the Berkeley Building for $67 million from EBS Forty Fourth Property Associates LLC.
LONG ISLAND CITY, NY-Time Equities acquires a 110,000-sf industrial/office site here for nearly $7.2 million. The site serves as the longtime headquarters for a silk manufacturer who will remain for a year on a triple-net lease.