NEW YORK CITY-The redevelopment of Yankee and Shea stadiums moves forward as the ESDC board adopts general project plans. The Yankees plan calls for an estimated $1.2-billion effort, while the Shea strategy involves a $600-million redevelopment.

NEW YORK CITY-By year-end 2005, average rents had increased in nearly all property sectors in the US, according to NAI Global's 2006 Global Market Report. And vacancies had fallen in every property category on average and in most key markets.

NEW YORK CITY-By year-end 2005, average rents had increased in nearly all property sectors in the US, according to NAI Global's 2006 Global Market Report. And vacancies had fallen in every property category on average and in most key markets.

NEW YORK CITY-By year-end 2005, average rents had increased in nearly all property sectors in the US, according to NAI Global's 2006 Global Market Report. And vacancies had fallen in every property category on average and in most key markets.

Anyone who doesn't realize how different housing prices are from commodity prices is foolish.

Anyone who doesn't realize how different housing prices are from commodity prices is foolish.

MELVILLE, NY-Citibank commits to 203,000 sf and becomes the anchor tenant of Reckson's newest project here. The 68 South Service Rd. office, which is 305,000 sf, is now approximately two-thirds occupied.

MELVILLE, NY-Citibank commits to 203,000 sf and becomes the anchor tenant of Reckson's newest project here. The 68 South Service Rd. office, which is 305,000 sf, is now approximately two-thirds occupied.