NEW YORK CITY-The specialty finance company is looking to spread its wings. Gramercy executives are exploring the potential of the credit tenant lease and fixed income trading environments.

SYOSSET, NY-Nordstrom replaces Lord & Taylor as an anchor of the planned Mall at Oyster Bay here. Neiman Marcus is the other announced anchor for the project, which Taubman expects to open in fall 2007.

SYOSSET, NY-Nordstrom replaces Lord & Taylor as an anchor of Taubman's planned Mall at Oyster Bay here.

NEW YORK CITY-The legal battle between the New York Jets and Cablevision will head to the courtroom next year. A federal judge denied portions of Cablevision's motion to dismiss a suit filed by the football team that alleged the cable giant violated the Sherman Antitrust Act. But while the team wages war here, things in <a href="http://www.globest.com/news/396_396/newjersey/139367-1.html">New Jersey</a> are progressing.

NEW YORK CITY-The legal battle between the New York Jets and Cablevision will head to the courtroom next year. A federal judge denied portions of Cablevision's motion to dismiss a suit filed by the football team that alleged the cable giant violated the Sherman Antitrust Act. But while the team wages war here, things in <a href="http://www.globest.com/news/396_396/newjersey/139367-1.html">New Jersey</a> are progressing.

LONG ISLAND CITY, NY-A Queens portfolio owned by the same family for nearly 100 years changes hands for $9.7 million. The three commercial buildings are here and in Flushing.

NEW YORK CITY-A site along 10th Avenue that currently is the 14,300-sf headquarters of Stuart Dean trades for $23 million. Extell Development picks up the site and wins the potential to construct a 315,360-sf building there.

NEW YORK CITY-In a sale-leaseback transaction, Vornado picks up a 35,752-sf retail space at 692 Broadway for a sum between $700 and $800 per sf. The REIT inks a 10-year deal with the tenant, Tower Records.