NEW YORK CITY- Forest City Enterprises' ambitious mixed-use project will ultimately comprise 300,000 sf and include a 100,000-sf office building and a 150-key hotel as well as 126,000 sf of retail space.
NEW YORK CITY-A Republican proposal that is likely to pass if the GOP takes both the House and Senate in today's elections could make REITS less attractive by giving other non-REIT investments new tax breaks.
NEW YORK CITY-David F. Flynn will take on the position of senior vice president, national accounts executive, and John Poblocki will step into Flynn's former role as regional senior vice president for the Northeast and MidAtlantic regions.
NEW YORK CITY-The committee's 123 members give the city 132 out of a possible 223 points, naming it the official US choice to host the 2012 Summer Olympic games. San Francisco was the other finalist. The International Olympic Committee will hand down its final decision in July 2005
NEW YORK CITY-The properties form a near-perfect square at 34th Street and Fifth Avenue, directly across from the Empire State Building. Eastern Consolidated Properties represented the seller and procured the buyer.
NEW YORK CITY-Jacqueline Finkelstein-Fife has been named senior vice president in the firm's New York office. A 12-year veteran of the New York real estate industry, she left her own firm to take advantage of the Trammell Crow platform.
NEW YORK CITY-After undertaking major negotiations to move its New York headquarters Downtown, the United Federation of Teachers is now paying attention to its uptown offices, converting a former Loehmans warehouse into class A office space.
NEW YORK CITY-Great Neck, NY-based Keen Realty has been hired to shed the denim assets, possibly by auction. Keen has been handling Warnaco's real estate dispositions since the New York firm filed for bankruptcy protection in June 2001.
NEW YORK CITY-Known as the Prince Building and located on the corner of Broadway and Prince Street, the 105-year-old building is home to the trendy A/X Armani Exchange SoHo store and is the three real estate trusts' sole Manhattan asset. The deal was struck yesterday after an all-night session.
NEW YORK CITY-Exchange chairman Richard Grasso is in serious negotiations with the Bloomberg administration to locate a second trading floor within the city limits and says any other site would be a "last of last resorts.