NEW YORK CITY-Real estate private-equity funds held $17.5 billion of capital to invest through the end of 2004, and they expect to raise an additional $18 billion this year, according to a new survey.

NEW YORK CITY-Double digit increases in retail rents continue, according to the Real Estate Board of New York's fall report. Leading the way is the Third Ave. retail corridor between 60th and 72nd streets which saw a 32% increase to $248 per sf.

NEW YORK CITY-Double digit increases in retail rents continue, according to the Real Estate Board of New York's fall report. Leading the way is the Third Avenue retail corridor between 60th and 72nd streets which saw a 32% increase to $248 per sf.

NEW YORK CITY-Development of the High Line moves forward as the city takes title to the site. CSX Transportation donated the elevated rail viaduct to the city.

NEW YORK CITY-Development of the High Line moves forward as the city takes title to the site. CSX Transportation donated the elevated rail viaduct to the city.

NEW YORK CITY-Investment and development firm GDC takes a 296,229-sf power center in Mount Vernon for $68.5 million. GDC intends to diversify its portfolio by acquiring $500 million in commercial income properties.

NEW YORK CITY-Investment and development firm GDC takes a 296,229-sf power center in Mount Vernon for $68.5 million. GDC intends to diversify its portfolio by acquiring $500 million in commercial income properties.

NEW YORK CITY-Investment and development firm GDC takes a 296,229-sf power center in Mount Vernon, NY for $68.5 million. GDC intends to diversify its portfolio by acquiring $500 million in commercial income properties.