NEW YORK CITY-The consulting giant will stay in its Avenue of the Americas building but will move to five contiguous floors, putting its 3,000-plus local employees within shouting distance of one another when the lease takes effect in May 2004.
NEW YORK CITY-The city's Industrial Development Agency has taken the vote off its calendar indefinitely following controversial remarks by exchange chairman Richard Grasso questioning the project's post-September 11 viability.
NEW YORK CITY-Amish Market will replace its Cedar Street store, destroyed Sept. 11, with a new atop a 20,000-sf plaza connecting 1 West St. and 2 Washington St.
NEW YORK CITY-Despite a dreary quarterly report, the commercial real estate firm expects the revenue-producing effects of its ongoing internal restructuring to coincide with an economic upturn in mid-2002.
NEW YORK CITY-Attorneys for Larry Silverstein yesterday afternoon filed the developer's hotly anticipated counterclaim to the lawsuit filed against him by reinsurer Swiss Re.
MELVILLE, NY-Two suburban office buildings have secured $26.7 million in permanent financing, overcoming unprecedented post-September 11 challenges that jeopardized the deals.
NEW YORK CITY-The displaced Downtown tech firm inks a short-term lease for 35,000 sf of turnkey office space and relocates its 185 employees within 24 hours.
NEW YORK CITY-World Trade Center leaseholder Larry Silverstein told an industry crowd yesterday that victory in his legal battle with reinsurer Swiss Re over the World Trade Center bombings is all but assured. "Will there be a shortage of capital to rebuild? It would appear not," the developer informed a packed house at the Waldorf Astoria.
UNIONDALE, NY-Arbor Commercial Mortgage LLC provides refinancing for the 392-unit Siena Villas Apartments in Henderson, NV. The loan was sponsored by a private family trust that acquired the property simultaneous with the loan closing.
NEW YORK CITY-The global fashion industry is showing its true colors by going forward with deals in the heart of Downtown. Many of the world's top designers are readying new flagship stores and corporate headquarters in Lower Manhattan, some with restructured deals that reflect the events of September 11.
