NEW YORK CITY-The Fashion Institute of Technology will spend the next 10 years adding 300,000 sf of new space and renovating 400,000 sf of existing facilities. Construction on two new buildings began last week.

NEW YORK CITY-The $250 million in Q3 profits reflects a $175-million writedown on mortgage assets. Going into the new year, the company plans a major stock repurchase and some small-scale buys.

NEW YORK CITY-The $250 million in Q3 profits reflects a $175-million writedown on mortgage assets. Going into the new year, the company plans a major stock repurchase and some small-scale buys.

NEW YORK CITY-Long Island Congressman Steve Israel will get the ball rolling next week at Real Estate's Impact on the Long Island Economy. The half-day symposium will include a series of panel discussions moderated by Gerald D. Schein, vice chairman of Real Estate Media Inc., parent company of GlobeSt.com.

NEW YORK CITY-The 77-unit co-op building is the first multifamily project in Harlem's Bradhurst Urban Renewal Area. The development is a joint venture between the Richman Group and Gotham Organization Inc.

NEW YORK CITY-The $250 million in Q3 profits reflects a $175-million writedown on mortgage assets. Going into the new year, the company plans a major stock repurchase and some small-scale buys.

NEW YORK CITY-Gordon F. DuGan has been chosen to work with chairman Wm. Polk Carey on directing the firm's corporate strategies going forward. He will retain his current title as president, which has held since 1999.

NEW YORK CITY-The revitalization of downtown Brooklyn continues apace with the topping out of 330 Jay St. The 32-story building will house the New York State Supreme Court, the Kings County Family Court and will have 170,000 sf of office space for commercial tenants.