NEW YORK CITY-Tarragon sees record results in 2005 and plans a dividend amounting to 10 cents per share. The firm will concentrate its efforts over the next few years on long-term development projects.
NEW YORK CITY-The IDA grants preliminary approval for financing assistance for stadium projects proposed by the New York Yankees and the New York Mets. IDA will issue about $930 million in tax-exempt and taxable bonds to build the new stadium for the Yankees. For the new Mets stadium, IDA will issue about $632 million in tax-exempt and taxable bonds.
NEW YORK CITY-The IDA grants preliminary approval for financing assistance for stadium projects proposed by the New York Yankees and the New York Mets. IDA will issue about $930 million in tax-exempt and taxable bonds to build the new stadium for the Yankees. For the new Mets stadium, IDA will issue about $632 million in tax-exempt and taxable bonds.
NEW YORK CITY-The IDA grants preliminary approval for financing assistance for stadium projects proposed by the New York Yankees and the New York Mets. IDA will issue about $930 million in tax-exempt and taxable bonds to build the new stadium for the Yankees. For the new Mets stadium, IDA will issue about $632 million in tax-exempt and taxable bonds.
NEW YORK CITY-Two Midtown assets could trade for as much as $2 billion in the coming weeks. Sources tell GlobeSt.com that 5 Times Square Tower and 280 Park Ave. are likely to change hands in an off-market deal.
NEW YORK CITY-Two Midtown assets could trade for as much as $2 billion in the coming weeks. Sources tell GlobeSt.com that 5 Times Square Tower and 280 Park Ave. are likely to change hands in an off-market deal.
NEW YORK CITY-Today is the deadline set by Gov. Pataki for Silverstein Properties and the Port Authority of New York and New Jersey to resolve all differences regarding the World Trade Center rebuilding process.
NEW YORK CITY-Morgan Stanley closes one international fund, raising $4.2 billion. The firm's original aim was to raise $3 billion. To date approximately 50% of the fund has been used to purchase properties including the Tokyo headquarters of Mitsubishi, Chifley Tower and Royal Pines.