NEW YORK CITY-The city-state partnership dedicated to overseeing the redevelopment of Lower Manhattan adds five committees, each charged with gathering input on a different aspect of Downtown revitalization.
BENSALEM, PA-The full-figured women's apparel retailer undertakes a drastic restructuring program that will close the doors on more than 200 underperforming stores and convert nearly 50 other locations to more successful brands. Affected chains include Fashion Bug, Added Dimensions, The Answer and Lane Bryant.
NEW YORK CITY-Northstar Capital Investment Corp. sells its half-ownership in the 25-story Garment District office tower. The building was recently chosen by Washington Mutual Inc. as the site of its first New York City branch.
NEW YORK CITY-The $210-million luxury property--the first new building to open Downtown since Sept. 11--is a 298-room hotel with 39 suites, a bath butler and a bottled-water sommelier.
CAMP HILL, PA-Morgan Stanley provided funding for the 600,000-sf Capital City regional mall. The transaction was provided by CB Richard Ellis-owned real estate investment banking firm L.J. Melody & Co.
PHILADELPHIA-The oil company disposes of 13 unimproved properties located in nine states and ranging in size from a two-acre site in Cary, NC to a 153-acre parcel in Fulton County, GA.
NEW YORK CITY-New offices and up to 20 paid staff for the Downtown revitalization organization were discussed at this morning's meeting of the recently formed city-state partnership.
NEW YORK CITY-The all-news channel makes news of its own with its first broadcast from a fully digital, four-studio facility in the converted cookie factory known as Chelsea Market.
NEW YORK CITY-The HUD funds will be administered through two new offices opened yesterday in Lower Manhattan as part of an economic recovery and incentive program targeting businesses south of 14th Street.
PHILADELPHIA-The financial services firm extends its stay at the 1.2 million-sf office tower with a long-term lease and will occupy an additional 4,000 sf at the trophy building.