New York

Lasalle Investment and William Macklowe Company agreed to lease their 75,000-square-foot new medical facility on Manhattan's Upper East Side.

Prospect Ridge Advisors will be led co-chief investment officers Brahm Cramer and Jay Nydick. Both Cramer and Nydick were most recently partners at AllianceBernstein and founded its US Real Estate Investments group in 2009 and its Commercial Real Estate Debt Group in 2013.

The new permanent loan replaces the $185 million construction loan for the multifamily property on Manhattan's far West Side.

The developers replaced the $90 million construction loan for the newly constructed building where Aetna had once planned to house its headquarters.

The New York State Gaming Commission on Monday approved the sale of Empire City Casino and the debt transaction related to the deal

Chipotle has moved from the New York location as part of consolidating offices, following its decision to relocate company headquarters from Denver, CO to Newport Beach, CA.

The new owners will develop a former FreshDirect warehouse into a last-mile distribution center in Long Island City, Queens.

His father, Joshua Muss, steps into the role of chairman and Jason will continue his work at the real estate development firm, which his family has owned for more than a century.