NEW YORK CITY-Insignia ESG and CBRE Holding reached an agreement in principle with Insignia stockholders who filed suit seeking additional disclosure information relating to an agreement to sell Insignia's real estate investment assets.
WOODBURY, NY-A manufacturer and distributor of nutritional supplements and a direct mail and marketing services firm both inked sublease deals for more than 100,000 sf of industrial space on Long Island.
NEW YORK CITY-Ovid Technologies Inc. has re-upped for 37,500 sf at 333 Seventh Ave. The medical information services provider signed a 12-year lease for the entire 19th, 20th and 21st floors.
NEW YORK CITY-Vornado Realty Trust has replaced its $1 billion unsecured credit facility due July 2003 with a $600 million unsecured revolving credit facility.
NEW YORK CITY-A Washington Heights blockfront sold for $10 million in an all-cash transaction. The property had been continuously owned by the original builder's family since the early 1920s.
NEW YORK CITY- New York University has signed a 15-year lease for three floors, comprising 75,000 sf of contiguous space, in the historic Puck Building, 295 Lafayette St.
STATEN ISLAND, NY-A one-year moratorium has been placed on any development of wetlands in the mid-island section of Staten Island. The law was enacted to provide New York City with time to develop a wetlands protection plan.
NEW YORK CITY-Digital post-production facility PostWorks NY has inked a deal for 26,000 sf at 100 Avenue of the Americas. The company is consolidating from two Flat Iron area addresses.
