NEW YORK CITY-The third quarter has proven to have the highest quarterly transaction volume recorded during the last eight quarters, while mall investment activity continued at a frenetic pace.

NEW YORK CITY-OppenheimerFunds, which had to relocate from 2 World Trade Center after the terrorist attacks, is returning to Lower Manhattan with a 10-year lease at 2 World Financial.

NEW YORK CITY-The Manhattan real estate market's third quarter proved to be a stable one with an unchanged vacancy rate, according to Cushman and Wakefield execs, who predicted that the fourth quarter will be a busy one.

NEW YORK CITY-Trizec fills up 55,000 sf in the only Manhattan building the Chicago-based REIT's portfolio that had significant amount of space on the market.

NEW HYDE PARK, NY-In a transaction valued at more than $700 million, Kimco's acquisition of Baltimore-based MART has been completed.

NEW YORK CITY-The sale of the landmark Roosevelt Hotel is nearing as all the bids are in. As many as 17 prospective buyers placed bids on the Midtown property and a deal is expected to be announced.

NEW YORK CITY-The world's largest Applebee's restaurant will open its doors in early November at 50th and Broadway. The 14,000 sf establishment will feature three floors and seating for 400.

NEW YORK CITY-Workman Publishing has signed a $12 million lease renewal for 50,000 sf of space at 708 Broadway. The company leases nearly 40% of the building.