New York

The real estate firms' joint venture purchased 10-12 E. 33rd. St. for $54.5 million.

The residential division will extend the firm's commercial advisory services largely recognized for office and retail leasing.

The decision by the arbitrator would raise the current rent of more than $16 million to $30 million in the 10-year lease deal.

The director of research, New York at JLL, says L&L and Normandy's acquisition reflects the insatiable demand for this type of product in Midtown South.

The insurance company signed a 106,000 square-foot lease at Stellar Management's 161 Sixth Ave.

The State Department of Tax and Finance estimates the capital gains tax cut, if implemented, would reduce state tax revenues by up to $500 million annually.

But the rezoning deal only had modest neighborhood protections, mostly cosmetic in nature, according to the GVSHP.

NEW YORK CITY--Gramercy Property Trust shareholders have approved its $7.6 billion acquisition by Blackstone Real Estate Partners VIII at its special meeting of shareholders held earlier today.