NEW YORK CITY-The luxury retailer has taken three full floors at Metropole Realty Advisors’ 681Fifth Ave., leaving the building nearly full.

NEW YORK CITY-Ownership of the building is up for grabs, as a Jones Lang LaSalle team prepares to take bids to reorganize the debtors in advance of a December auction.

NEW YORK CITY-The New York Building Congress projected Wednesday that construction spending and employment will drop off in 2013, the result of a parallel drop in government spending on infrastructure projects.

NEW YORK CITY-Cassidy Turley recently closed two leases, totaling over 19,000 square feet, on behalf of non-profits for buildings owned by the Feil Organization—570 Lexington Ave. and 7 Penn Plaza.

NEW YORK CITY-Skyline Windows is retrofitting the windows at the 104-year-old building, which will result in substantial energy savings, officials tell GlobeSt.com’s Carl Gaines.

NEW YORK CITY-Retail is thriving in Manhattan—a fact that warranted an inaugural retail-focused Q3 2011 market report from CBRE. Members of the firm’s retail team outlined the driving factors.

NEW YORK CITY-The funding, secured by owner’s rep Rose Associates, clears the way for the Larstrand, a 20-story, 181-unit luxury apartment building, to rise on Broadway and 77th Street.

NEW YORK CITY-Fitch found that CMBS loans are being returned to master servicing without current financial data. Adam Fox tells GlobeSt.com’s Carl Gaines that it’s becoming a troubling trend.