NEW YORK CITY-According to a statement released Monday morning, the company has acquired the Kings Plaza Mall in Brooklyn and the Green Acres Mall in Valley Stream, NY, for approximately $1.25 billion.

NEW YORK CITY-The company’s senior vice president Paul Teti tells GlobeSt.com’s Jacqueline Hlavenka that the 743,240-square-foot building will be upgraded to 2012 standards.

NEW YORK CITY-After making a multifamily acquisition on Staten Island's North Shore earlier in the year, the firm has purchased an asset in close proximity to the new Ferris wheel and outlet center coming to St. George.

NEW YORK CITY-The private equity giant reported increases in its real estate segment during the quarter thanks to completing fundraising for its global real estate fund, capping off at $13.3 billion.

NEW YORK CITY-Data from Real Capital Analytics shows that Savanna initially acquired part of the $100 million first mortgage at a discount in 2007.

ELMSFORD, NY-The green energy company is taking over DHL's former distribution space at 203 Ridgewood Drive, CBRE's Kevin Langtry tells GlobeSt.com's Jacqueline Hlavenka.

NEW YORK CITY-Jordan Slone, chairman and CEO of HGI, tells GlobeSt.com’s Jacqueline Hlavenka that the company is honing in on New York neighborhoods like Times Square South and Harlem.

NEW YORK CITY-Robert K. Steel, deputy mayor of the City of New York, told members of the New York Building Congress on Wednesday morning that much of the momentum is being driven by new CBDs in Downtown Brooklyn, Lower Manhattan, the Far West Side and Willets Point.