NEW YORK CITY-The Department of Education has occupied the 12-story property since 1939, but most employees have since been relocated to the newly refurbished Tweed Courthouse in Lower Manhattan.
TORONTO-Law firm McMillan Binch signs on for 15 years and will occupy 106,000 sf on four floors of the Bay-Wellington Tower. In addition, two tenants re-upped in a 10-year deal for 10 floors of the Canada Trust tower where they will occupy 207,000 sf.
NEW YORK CITY-Apollo and the Related Cos. will sell 49.5% of the project's 347,000-sf retail space, 211,000 sf of class A, non AOL Time Warner office space, the three-level parking structure, as well as a $359-million stake in the development's $1.2 billion GMAC loan.
CHARLOTTE, NC-Construction on the 1.2 million-sf enclosed super regional mall is set to begin in late summer or early fall and the facility has a targeted opening date of Aug. 5, 2005.
SHENZHEN, CHINA-The new facility will focus on the production of mobile phone components. Construction of the Hong Kong-based firm's new plant is slated for completion before the end of September 2004.
NEW YORK CITY-Citing his rights as 99-year leaseholder of the 16-acre site and the insurance reimbursements he expects to use for its redevelopment, Larry Silverstein warns the LMDC not to underestimate his role in the rebuilding process.
BURTON, MI-Chicago suburban firm Tucker buys the Michigan asset from Cleveland-based Forest City Enterprises. Plans are to rebuild the center's parking lot and complete a variety of cosmetic improvements to the property.
LOUISVILLE, KY-Following the resignation of W. Bruce Lunsford, who is considering a run for governor, current board president and CEO Debra A. Cafaro agrees to wear yet another hat.
NEW YORK CITY-The accounting duties for five geographically diverse retail properties recently acquired by Miami-based BayView Financial Trading Group in a $100 million-plus deal have been awarded to Insignia's Mall Group.
PLEASANT PRAIRIE, WI-The Mississauga, Canada manufacturer of polyethylene bags will house 123 employees at the facility, which will be built on a nine-acre site at the LakeView Corporate Park here.