NEW YORK CITY-Overall, the prices of apartments rose 11% during the first quarter compared to 4Q 2000. Luxury units in Midtown declined dramatically, however, falling 44% compared to late last year.
NEW YORK CITY-Overall, the prices of apartments rose 11% during the first quarter compared to 4Q 2000. Luxury units in Midtown declined dramatically, however, falling 44% compared to late last year.
NEW YORK CITY-In addition to these properties, which became redundant after the Chase/Chemical Bank merger, Chase is considering a sale/lease back strategy for some of its other branches.
NEW YORK CITY-REITs are down 0.4% since the first of the year, but the Dow, S&P and Nasdaq are off 1.5%, 5.6% and 12.6%, respectively. Bear Stearns expects first quarter FFO per share growth of 8.7%.
NEW YORK CITY-Tokyo, which placed first last year, moves down to second place, followed by Hong Kong, San Francisco and Paris. New York moved up to 13th place from seventh.
NEW YORK CITY-Tokyo, which placed first last year, moves down to second place, followed by Hong Kong, San Francisco and Paris. New York moved up to 13th place from seventh.
NEW YORK CITY-This is the first time that the management and leasing of the 110-building residential complex has been outsourced by owner Met Life since it was constructed more than 50 years ago.
NEW YORK CITY-Entertainment Properties Trust opposes the bid because it might require the firm to register as an investment company and because federal law prohibits the election of BRT's chairman to EPT's board, a condition of the offer.
NEW YORK CITY-Chock Full O'Nuts luncheonettes checked out from Manhattan years ago. Now, owner Sara Lee is putting leases for the sites of five former diners up for sale.
NEW YORK CITY-Chock Full O'Nuts luncheonettes checked out from Manhattan years ago. Now, owner Sara Lee is selling the leases for five sites where the diners once stood.