NEW YORK CITY-A judge heard arguments Thursday in the dispute between mortgage holders and a partnership that bought senior mezz debt, but did not issue a ruling.
NEW YORK CITY-The loan was used to purchase the existing first mortgage on an 8.9-acre industrial park in Staten Island.
NEW YORK CITY-New legislation instituted in New York will require realty brokers to disclose information to sellers and buyers of condos and co-ops in written form describing the relationship between the brokers and their clients and the responsibilities of the brokers.
NEW YORK CITY-Goldman Sachs is acting as the deal manager for the REIT's repurchase of convertible debentures due in 2026 and 2027.
NEW YORK CITY-A Lower Manhattan fixture for 50 years, Century 21 is leasing 61,000 square feet of retail space near Lincoln Center.
NEW YORK CITY-Investors take advantage of funds' need for cash at a time when few funds succeed in going back to the well, the WSJ says.
NEW YORK CITY-Surveys by Schonbraun McCann and NAREIT both find REITs cautiously optimistic about their prospects for next year.
NEW YORK CITY-Park Center for Rehabilitation and Healthcare is purchasing the Jewish Geriatric Center, a not-for-profit 354-bed nursing home at 4915 10th Ave. in Brooklyn, for $60 million.
BROOKLYN, NY-The Department of Citywide Administrative Services in New York City has inked a lease for 81,800 square feet of office space in downtown Brooklyn at 2 MetroTech Center.
NEW YORK CITY-Extell Development's proposed plan of converting the Riverside Center on the Upper West Side to a 2,500-apartment project is facing opposition from the Manhattan Borough President Scott Stringer.