Colliers statistics show that the average asking rent continues to rise in Manhattan, increasing from $73.03-a-square-foot in May 2016 to $73.34-a-square-foot at the end of April of this year to $73.64 a square-foot at the end of May 2017.

The five-year, $295-million bond authorization would target capital funding to enable the state to strengthen the life sciences ecosystem through collaborations that maximize third-party investments.

The company, founded in 2003 and recently infused with a $42-million capital investment to help foster its growth, has leased 25,000 square feet of space on the 50th floor of 28 Liberty .

The law firm signed a six-year lease for 22,142 square feet at 360 Lexington Ave.

While state officials did not release a definitive start date for the project, the governor said the finalized deal between the state's Empire State Development Corp. and the joint venture of Related Companies, Vornado Realty LP, and Skanska AB allows for construction to begin on the transformation of the historic James A Farley Post Office building into a modern transportation hub.

Here is a roundup of the latest leases, sales and other transactions in the Northeast middle markets.

NEW YORK CITY—The mayor said the plan will focus on investing in growing sectors that will produce new jobs that pay at least $50,000 a year or offer a path to that salary level.

NEW YORK CITY—Rudin, who is also vice-chairman of Rudin Management, will succeed Tishman Speyer CEO and president Rob Speyer as REBNY chairman on Jan. 1, 2018 to begin his three-year term.