BOSTON-The company focused primarily on shedding assets during the first quarter of 2013.

NEW YORK CITY-The local move likely will be echoed, at some point, by other Coldwell Banker Commercial Alliance offices around the country.

NEW YORK CITY-The ground-lease holder, Benenson, has been in possession of the property for 42 years.

NEW YORK CITY-The property's owners have closed on financing to turn the Downtown office tower into residences.

NEW YORK CITY-Jobs increased slightly in the first quarter following a small uptick in 2012, though wages were flat.

NEW YORK CITY-Five Democratic contenders and one independent discussed the city's status in the growing sector.

The property, 125 W. 55th St., was sold by Macklowe in 2008 amidst troubled times for that company and the economy.

NEW YORK CITY-Owned by the Zar Group, the 80-plus year-old office tower and its retail space were sorely in need of an upgrade.