NEW YORK CITY-The action comes after the debtors reported operating losses from “decreased room revenue, significant liquidity constraints, considerable debt burden and unprecedented adverse changes in the economy and hospitality industry”, court documents show.

NEW YORK CITY-MTA officials said at a meeting last night that the massive LIRR expansion to Grand Central will take an extra three years—and almost $1 billion more.

NEW YORK CITY-Bomee Jung, senior program director of Enterprise’s green program, tells GlobeSt.com’s Jacqueline Hlavenka about how the organization is helping to transform low-income properties into high-performance buildings.

NEW YORK CITY-The company has donated classroom and office space to the school at its West Side headquarters as a temporary location until its new campus opens on Roosevelt Island, city officials announced Monday.

NEW YORK CITY-In connection with the offering, BlackRock has agreed to repurchase up to $1 billion of its stock from Barclays.

NEW YORK CITY-The transportation agency will release a request for proposals later this month for the west side of Vanderblit Hall and an underdeveloped area above Grand Central Market.

NEW YORK CITY-In another high profile move from Cushman, Harbert has joined Colliers as president of the Eastern region, media reports show.

NEW YORK CITY-The brokerage has been assigned to fill 36,000 square feet at the base of the building, which is owned by a joint venture of SL Green and the Moinian Group. Winick is also working to find a tenant for an 84,000-square-foot retail space at 535-545 Fifth Ave., also owned by Moinian.