NEW YORK CITY-The World Trade Center site plan will be reworked to ensure that the "footprints" where the twin towers once stood will remain undeveloped.
NEW YORK CITY-The construction of a 650-unit residential apartment building at 2 Gold St. in Lower Manhattan will be supported by just more than $180 million in financing, arranged by Fleet Real Estate Finance Group.
NEW YORK CITY-Industry veteran Timothy J. Clancy has been tapped to be the new COO for the Durst Organization. Clancy succeeds James J. Migliore, who recently left the firm to establish a consulting practice.
NEW YORK CITY-The condemnation process has been completed for the site of the proposed New York Times Building on Eighth Avenue, reveals Mary Ann Tighe at yesterday's RealShare New York.
NEW YORK CITY-Numerous executives from the real estate industry's most prominent names outlined their companies' business strategies during the RealShare New York conference at the Roosevelt Hotel.
NEW YORK CITY-Cadwalader, Wickersham and Taft LLP, one of New York City's oldest and most prestigious law firms, has signed a 20-year, 450,000 sf lease for 1 World Financial Center.
NEW YORK CITY-The condemnation process has been completed for the site for the proposed New York Times building on Eighth Avenue between 40th and 41st Streets.
NEW YORK CITY-The subsidiary of the MONY Group seeks to invest primarily in $5 to $30 million B Notes that it expects to acquire in the secondary market or generate internally.
NEW YORK CITY-Westfield is stepping away from the redevelopment of retail facilities at the World Trade Center by signing an agreement to sell its interest in the retail net lease for $140 million to the site's owner, the Port Authority of New York and New Jersey.