NEW YORK CITY-The city decides to unload a major white elephant by selling the love-it-or-hate-it building on the south end of Columbus Circle to the American Craft Museum, rebuffing what is said to be a higher bid from Donald Trump.
ORLANDO-Boston-based Fleet Bank's Private Clients Group, the firm's wealth management, has named Maitland-based NAI Realvest as its exclusive real estate advisor in Florida.
NEW YORK CITY-The Linchris Hotel Partners-owned property is currently under construction in Ronkonkoma. Insignia/ESG Hotel Partners arranged the mortgage through G.E. Capital
NEW YORK CITY-The nine-building JV of the Related Cos. and the Hudson Cos. reaches a milestone Tuesday with a topping-out ceremony for the first two properties. A site directly south is slated for the next two buildings.
ORLANDO-Strong advance bookings prompt Loews Hotels officials to throw open the doors of its Royal Pacific Resort at Universal Orlando ahead of schedule, abandoning plans to hold a soft opening of the property over several weeks.
ORLANDO-Business is brisk at Pier Park, the 190,000-sf outlet-retail facility currently under construction by Quality Centers, based here. The project is a joint venture of St. Joe Commercial and the city of Panama City Beach.
NEW YORK CITY-The appliance retailer has signed a 20-year lease for ground-floor space at 2 Fordham Square, which is owned by a JV of Howard Parnes and the Jemal and Houlihan families.
NEW YORK CITY-The venerated arts organization unveils its plans for a major addition. High-style Manhattan-based architects Hariri and Hariri beat out 37 firms for the assignment.
NEW YORK CITY-The nation's sputtering economic recovery is causing decision makers to err on the side of caution when it comes to making real estate decisions, a Cushman and Wakefield corporate services executive says.
NEW YORK CITY-Two weeks after closing on its $158-million acquisition of the 33-story property, the Taconic Investment Partners/New York State Common Retirement Fund venture secures a major loan for the asset.