NEW YORK CITY-The CEOs of parent firm Insignia Financial Group Inc. and newly named subsidiary Insignia Douglas Elliman announce the change today at a company-wide meeting.

NEW YORK CITY-Marketing is under way for a 530,000-sf industrial development at JFK Airport, the first large-scale development in the area for 15 years.

NEW YORK CITY-In order to reconfigure its space, the insurance firm moves its local offices eight flights up in the same building it has occupied for more than two decades.

NEW YORK CITY-The leases on one Texas property and another in Maryland have been terminated by Lexington Corporate Properties Trust. The announcement came at the close of business yesterday.

The real estate investment firm picks up a pair of net-leased properties, one in Huntington Square, PA and the other on Manhattan's East Side.

MELVILLE, NY-A new real estate firm's first purchase is a three-building office complex acquired in an all-cash deal that took exactly two months to complete.

NEW YORK CITY-Existing shopping centers in the Northeast are being bought up by the major REITS. Historically low rates and a soft economy are putting buyers with healthy balance sheets and solid portfolios into acquisition mode.

NEW YORK CITY-The first groundbreaking on a major New York City building since the World Trade Center attacks takes place last Friday with the kickoff of a controversial new $95 million NYU School of Law building.