NEW YORK CITY-The development will feature four floors of commercial and retail space topped by two, 20-story apartment towers with a total of between 135 and 170 luxury condominium units.
NEW YORK CITY-The cash comes from the state Thruway Authority's $200-million construction program for 2002 and will be used for bridge and road repairs in the city and surrounding areas.
NEW YORK CITY-Cushman & Wakefield continues to explore new options with its new Hospitality Asset Recovery Service, which will assist investors and owners in the disposition of distressed hotels and lodging-backed mortgages.
NEW YORK CITY-Pfizer picks up 59,000 sf of expansion space on four floors in the building located next door to its headquarters. An affiliate of United Business Media doubles its space at the same property.
NEW YORK CITY-The Japan-based insurance company signs a 15-year deal for one full floor and one partial floor at the Grand Central landmark property. The firm had a previous deal in place that fell through following the World Trade Center attacks.
NEW YORK CITY- Milstein Brothers Capital Partners has tapped Patricia Goldstein as its new president, chairman and CEO Howard P. Milstein revealed today.
NEW YORK CITY-The real estate investment firm's second fund crosses over the $100-million mark and hires former Sterling Equities controller Jackie L. Gaines as CFO.
NEW YORK CITY-The firm sheds its single-family home brokerage business to a pair of Ohio firms. The deal includes a performance-based earn-out of up to $3 million to be paid over the next two years.
NEW YORK CITY-First announced in mid-December, the bi-state agency plan to restore Downtown PATH service is proceeding at an accelerated pace with work scheduled to begin in three weeks.
NEW YORK CITY-Newly created subsidiary MONY Realty Capital Inc. and Transwestern affiliate Aslan Mezzanine Realty Partners will co-manage the fund, which will make mezzanine investments of $3 million to $15 million.