The 42-0 Council vote was hailed by many politicos and some business leaders that sought the tougher training regulations in response to a rising number of construction accidents and worker fatalities at city jobsites.

Berry, a partner and vice chairman with Deloitte & Touche LLP, most recently served as the US leader of the sector's audit and assurance services practice.

Collectively, the proposals total more than 50 million square feet of commercial space across 23 different neighborhoods in all five boroughs, city officials note.

Somers Town Supervisor Rick Morrissey said that the former IBM facility in Somers could provide Amazon with 1 million square feet of space of move-in-ready space, while PepsiCo's former offices nearby could provide another 540,000 square feet of move-in-ready space.

The Bahrain-based alternative investment manager reports that its U.S. based real estate arm acquisitions raised Investcorp's investment in U.S. real estate over the past 18 months to more than $1.8 billion.

The initial phase of the agreement will facilitate Cushman & Wakefield appraisers to provide multifamily valuation services in the New York market utilizing Bowery's proprietary technology.

Silverback's focus has been primarily in New York City, but Schuster says the firm is now exploring development opportunities in Florida and Washington, DC.

The training legislation was proposed earlier this year in response to rising job site deaths and accidents that have taken place in the city/