NEW YORK CITY-A month after a set of incentives was put in place to encourage lease at the World Trade Center site and 7 World Trade Center, American Express is close to inking a deal for approximately 20,000 sf at 7 WTC. The firm will be the first tenant signed at the 1.7-million-sf site.

NEW YORK CITY-A month after a set of incentives was put in place to encourage lease at the World Trade Center site and 7 World Trade Center, American Express is close to inking a deal for approximately 20,000 sf at 7 WTC. The firm will be the first tenant signed at the 1.7-million-sf site.

NEW YORK CITY-A revitalization effort to bring a mixed-used development to the 125th Street corridor makes headway as it goes through the city approval process. The first phase of the residential aspect is expected to be completed in 2010 with the total project completed in 2016.

NEW YORK CITY-A revitalization effort to being a mixed-used development to the 125th Street corridor makes headway as it goes through the city approval process. The first phase of the residential aspect is expected to be completed in 2010 with the total project completed in 2016.

NEW YORK CITY-A revitalization effort to bring a mixed-used development to the 125th Street corridor makes headway as it goes through the city approval process. The first phase of the residential aspect is expected to be completed in 2010 with the total project completed in 2016.

NEW YORK CITY-Capital Lease Funding is in the process of acquiring five properties around the US that are leased to government entities. CapLease takes the properties, which aggregate to 292,000 sf, for $97.5 million.

GREAT NECK, NY-Jeffrey Fishman resigns from locally based One Liberty. He is replaced by chairman of the board Fredric Gould.

REGO PARK, NY-A residential portfolio here sells for $33 million. Both buildings had been family-owned for many years.