NEW YORK CITY-A 122-year-old Park Avenue landmark is close to getting the facelift it so richly deserves now that the state is ready to green-light a total restoration for the historic structure, GlobeSt.com has learned.
NEW YORK CITY-Law Firm Dickstein Shapiro Morin & Oshinsky LLP, is expanding its Midtown offices, signing a 10-year lease on 57,350 sf of space at Avenue of the Americas and 46th Street.
NEW YORK CITY-The firm has named veteran head of Philadelphia operations J. Richard Jones executive vice president. Filling his shoes will be Karen Daly, who most recently oversaw Insignia/ESG's Property Services operations in the eastern US.
NEW YORK CITY-Two parcels of undeveloped Brooklyn real estate are once again on the block and city and state officials are taking pains to make sure development of the state-owned sites conforms to that of the surrounding neighborhoods.
NEW YORK CITY-US Dept. of Commerce figures released yesterday show a nationwide uptick in multifamily housing starts and permits last month but a REIT analyst with Lehman Brothers tells GlobeSt.com that the data do not indicate overbuilding in a sagging economy.
NEW YORK CITY-The property acquisition and management company, based here, pulled off a 26% earnings increase in second quarter this year over the same period last year.
WASHINGTON, DC-An eight-story office building here has been purchased by Heyman Properties in an all-cash sale. The fast-track deal took all of three months to complete.
NEW HYDE PARK, NY-Kimco buys four Urban Shopping Centers properties for $65.1 million and a fifth center for $33.1 million, adding more than 800,000 sf of retail space to its holdings.
NEW YORK CITY-With the market for class A office space getting softer by the minute, Midtown Manhattan stands tall as one of two top-10 markets to see rents rise, according to a new study released by CB Richard Ellis
NEW YORK CITY-US Dept. of Commerce figures released yesterday show a nationwide uptick in multifamily housing starts and permits last month but a REIT analyst with Lehman Brothers tells GlobeSt.com that the data do not indicate overbuilding in a sagging economy.