NEW YORK CITY—A property owners' attorney says of the ruling to raise one-year rents by just 1%—and not much more for two-year leases—“the legal analysis seems to have been overshadowed by overt political concerns and pressures.”

NEW YORK CITY—In this <b> UPDATE </b> to Monday's story on some personnel changes at the city's Department of City Planning, the new new executive director says her role is much broader than simply executing the Mayor's aggressive affordable housing plan.

NEW YORK CITY—The firm attributes its loyalty and growth at the building, 1250 Broadway, to Jamestown, which owns the building.

NEW YORK CITY—In a last ditch effort to get Silverstein Properties the cash it needs, the Port Authority will vote this week on applying 9/11 insurance money to the project.

NEW YORK CITY—The agency also has created a new COO position, which it will fill down the road, in order to prepare to fulfill its ambitious agenda.

NEW YORK CITY—New research shows that almost half of the industry fears a negative effect from City Hall's affordable housing agenda, while a majority aren't confident in the Mayor overall.

NEW YORK CITY—After buying in 2011 and making upgrades, “we were able to deliver a reinvented asset into a robust tenant and capital markets environment,” Joe Gorin, managing director, tells GlobeSt.com in this <b> UPDATE </b>.

NEW YORK CITY—The full-block office building is under contract for purchase by Thor Equities, and several partners, for nearly $600 million.