NEW YORK CITY-ING Real Estate Finance has closed on $100 million in refinancing for 142 W. 57th St., the BlackRock-owned property known as Metropolitan Tower.

NEW YORK CITY-The non-traded healthcare REIT ramps up real estate holdings with purchases in Texas and Wisconsin.

NEW YORK CITY-A lot is happening in Lower Manhattan, as a new city ad campaign announced by Mayor Michael Bloomberg and higher asking rates for retail demonstrate.

NEW YORK CITY-A joint venture between Brack Capital Real Estate and InterContinental Hotels Group has acquired 180 Orchard St. and will develop the mixed-use spot into a boutique hotel, with retail and parking.

NEW YORK CITY-Numbers released today by the New York Building Congress show a precipitous drop in construction employment. Richard T. Anderson, president of the NYBC, tells GlobeSt.com that the slowdown in public sector spending isn’t helping matters.

NEW YORK CITY-Conde Nast will move to One World Trade Center, pending a vote next week by the board of the Port Authority of New York & New Jersey, sources tell GlobeSt.com.

NEW YORK CITY-Equity One Inc. announces acquisition of Chelsea property at 161 W. 16th St.—a move that will triple its Manhattan presence.

NEW YORK CITY-The Bethesda, MD-based REIT is debating branding for its purchase, which is projected to bring in $198 RevPAR in 2011.