NEW YORK CITY-David Hollander and Sacha Zarba took a one-year hiatus from Insignia/ESG and are now joining CB Richard Ellis, which recently completed a merger with Insignia/ESG.
GREAT NECK, NY-A two-for-one stock split has been approved by United Capital Corp.'s board of directors in an effort to increase the number of outstanding shares from 4.55 million to 9.1 million.
NEW YORK CITY-Thirty five new tenants signed on for space at the Lincoln Building so far this year, while another 39 inked renewal deals at the Grand Central district property.
NEW YORK CITY-Another sign that the economy might be picking is that the retail market is getting stronger in NewYork City's boroughs. Long Island City-based Sholom & Zuckerbrot Realty LLC is finding the market in Queens to be "very strong.
NEW YORK CITY-Midtown transactions garner brisk competition, but Brookfield Properties head Ric Clark sees increased momentum on Downtown properties. While noting it's still too early to tell, he's "cautiously optimistic" that a recovery is on the way.
NEW YORK CITY-111 Eighth Ave. is proving to be a popular address as Deutsch Inc. renews and increases its space and DoubleClick relocates its headquarters in the 15-story building.
NEW YORK CITY-Clarendon Insurance Group has signed on the dotted line for 83,000 sf of space at Times Square Tower. The company signed for a 20-year lease and will nearly double its space.
NEW YORK CITY-Recently released statistics on the retail market indicate the economy might just be turning around. And retailers are finding that Manhattan is the place to be.
SOMERSET, NJ-Wachovia Corp. snatched up a 108,336-sf data center located here, formerly owned by WorldCom, for $38.3 million at a bankruptcy auction sale.