NEW YORK CITY-Temporary office-space company HQ Global Holdings misses its deadline on an $8 million loan payment, throwing the firm into default and putting a $100-million loan from Reckson Realty at risk.
NEW YORK CITY-An out-of-control fire at an Astoria furniture warehouse has been burning since 1:30 a.m. Fireboats and cherrypickers have been brought to the four-story building in an attempt to contain the flames, which can be seen from Manhattan's East Side.
NEW YORK CITY-World Trade Center leaseholder Larry Silverstein sits down with Brookfield Financial Properties chairman John Zuccotti to discuss redeveloping the WTC site.
NEW YORK CITY-A 340,000-sf auto showroom is breaking out of the box with a high-tech redesign that includes an indoor test track, climbing wall and cafi.
PHILADELPHIA-Three prominent Downtown buildings, owned by a New York investment firm, are to be net leased by a New York-based real estate advisory firm.
NEW YORK CITY-The REIT unloads the last of its three remaining retail properties, a 1.2 million-sf shopping center in Toronto, the company's Canadian headquarters city.
NEW YORK CITY-An international law firm is moving its local offices from one of the city's most notable Park Avenue skyscrapers to larger quarters less than a block away. But the attorney's aren't packing their briefs yet; they won't occupy the new space until July 2002.
PORT WASHINGTON, NY-A Long Island-based REIT yesterday closed on three shopping centers--two in Philadelphia and one in New Jersey--picking up 450,000 sf of retail space and furthering its long-term goal of shifting its focus to the acquisition of Mid Atlantic retail properties.
