New York

Sentenced to one year of jail time for grand larceny, falsifying documents and tax fraud, landlord Steven Croman still faces the attorney general's civil lawsuit.

CIM Group LP Sells Madison Park Tower to Morgenstern Capital and TLM Equities with Square Mile Capital Management financing.

In connection with the Newmark Holdings rebranding, Jeffrey Gural will step down as chairman of Newmark Knight Frank and become chairman emeritus, while maintaining his position as chairman of the Gural family's GFP Real Estate.

In exchange for incentives, Charter Communications has committed to add more than 1,000 jobs in Connecticut and invest $100 million in the state over the next seven years.

Buyers seek affordability as apartment sales overpower inventory

A total of 51% of the new lease transactions in Westchester County involved businesses in the health care or legal sectors. The largest deal in the third quarter was Montefiore Hospitals' renewal and expansion at South Westchester Executive Park in Yonkers for 281,497 square feet.

A roundup of recent deals, leases, executive moves, and other news from the past week.

A report on the single-family rental home market released on Monday by Amherst Capital Management LLC indicates that institutional ownership of single-family rental homes surpassed 200,000 units in 2016.