NEW YORK CITY-Industry insiders tell GlobeSt.com’s Carl Gaines that proposed regulations regarding risk retention and recent economic turmoil might slow CMBS 2.0, but they won’t stop it, with Prudential Mortgage Capital Co.'s David Twardock acknowledging “there is less certainty now.”

NEW YORK CITY-United American Land, the developer of a project on the nearby Fulton Mall, has been chosen as the developer for the Brooklyn Municipal Building at 210 Joralemon St.

NEW YORK CITY-Cesar Claro, president and CEO of the Staten Island Economic Development Corp., tells GlobeSt.com that it took a while to convince the city to issue the Request for Expressions of Interest, but that the SIEDC is “very happy that it’s out there.”

NEW YORK CITY-From CBRE’s Global In-Sights podcast for August, produced on the heels of S&P’s downgrade of US debt: danger for commercial real estate lies in “underlying economic fundamentals and underlying growth trajectories,” according to Asieh Mansour.

NEW YORK CITY-Recent leasing activity in the building, which bumped the occupancy rate up to 98%, was buoyed by Savitt Partner’s pre-build and capital campaign there, Bob Savitt tells GlobeSt.com.

NEW YORK CITY-Jamestown has secured a $380-million loan to replace existing financing for the Chelsea Market, taking advantage of current interest rates, a spokesman tells GlobeSt.com.

NEW YORK CITY-The developer and partner CIM Group have closed on their purchase of the luxury building, as speculation ramps up about its fate.

NEW YORK CITY-The non-profit, Cicatelli Associates, will take an additional 8,691 square feet in the building in order to accommodate expansion caused by the awarding of two five-year grants.