NEW YORK CITY-The World Trade Center's largest tenant has signed a five-year lease in the Downtown building where it already occupies 73,000 sf of office space.
NEW YORK CITY-As real estate investors increasingly seek stability amid economic uncertainty, less luxurious but more dependable B and C residential assets are looking better and better.
NEW YORK CITY-Fresh Meadows Apartments, one of Queens' largest residential communities, is sold for $270 million. The 3,285-unit complex, partly owned by Insignia Financial Group, comprises 140 buildings spread over three million sf.
NEW YORK CITY-A 28,000-sf triplex retail space in Midtown is now on the market. The facility houses a broadcast studio and auditorium that has been used for exhibitions and lectures.
NEW YORK CITY-International financial and corporate ratings agency Fitch invests $1.75 million in commercial real estate technology solutions provider MortgageRamp. The deal marks the first investment in one company by all three major ratings services.
NEW YORK CITY-The property development and management company ups last year's third-quarter funds from operations for its stabilized properties portfolio from $1.6 million to $2.8 million for the quarter ended Sept. 30.
NEW YORK CITY-As insurance companies send out the message that terrorism coverage will no longer be an option, experts fear the real estate industry is in store for devastating financial repercussions.
NEW YORK CITY-The property development and management company ups last year's third-quarter funds from operations for its stabilized properties portfolio from $1.6 million to $2.8 million for the quarter ended Sept. 30.
NEW YORK CITY-While the lodging industry takes it on the chin throughout the country, the Crossroads of the World will see the opening of a high-end hostelry just before the ball drops on New Year's Eve
NEW YORK CITY-As real estate investors increasingly seek stability amid economic uncertainty, less luxurious but more dependable B and C residential assets are looking better and better.