NEW YORK CITY-A lawsuit filed yesterday stems from the Metropolitan Transit Authority's approval of the New York Jets $720-million bid for the West Side Rail Yards over MSG's competing $760-million bid.

NEW YORK CITY-The trend moves along as the city council considers a bill stating that no more than 20% of a hotel's existing rooms can be converted to condos.

NEW YORK CITY-The 136-room property located near Madison Square Garden opened in February. Hersha Hospitality Management will operate the hotel.

NEW YORK CITY-The 136-room property located near Madison Square Garden opened in February. Hersha Hospitality Management will operate the hotel.

NEW YORK CITY-Industry executives agree teaming with a local partner and hiring local employees in overseas markets is one of the most important steps a real estate firm can take when venturing onto the international scene.

People realize that, at least in the US, they can't turn their backs on Central America.

People realize that, at least in the US, they can't turn their backs on Central America.

NEW YORK CITY-According to the firm's year-end numbers, Midtown and Midtown South will stabilize through 2006; however, the firm labels the Downtown office market lagging.