New York

NEW YORK CITY-After undergoing an extensive renovation, 48 Wall St. will be ready for occupancy in the coming month, and after signing a 10,000-sf lease, the building will hit the 50% occupancy-mark.

NEW YORK CITY-Mayor Rudolph W. Giuliani presented his Financial Plan for Fiscal Years 2001-2005 yesterday (Jan. 25), calling for the largest capital plan for cultural institutions and libraries on record.

STAMFORD-An investment group led by the Malkin family says it took advantage of an unsettled capital-market environment and has acquired the 810,000-sf First Stamford Place office complex here from TrizecHahn.

NEW YORK CITY-Most of the 811,182-sf building, which is 99% leased, is occupied by Mellon Bank. The class-A facility earned a National Preservation Honor Award after if was renovated.

WHITE PLAINS-A panel of Westchester-Fairfield real estate brokers and developers agree that the year 2000 was an exceptional year for leasing volume and absorption and that it will be tough to beat this year.

NEW YORK CITY-C&W expects that other transactions in the works will prove just as successful and boost the health of the Mexican banking system.

NEW YORK CITY-The two-bedroom units have about 1,500 sf of space. The building features such amenities as an outdoor sun terrace, 11th-floor roof garden and a children's playroom.

NEW YORK CITY-Last month alone approximately 1.8 million sf of space was leased or sold in just Manhattan in all of the market sectors. The majority of it was office space.