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March 13, 2003 New York PostThe New York State Teachers' Retirement System is staying downtown, expanding and moving to a Class-A East River waterfront building. The pension fund plans to expand into 157,000 square feet at 55 Water St., at...
March 12, 2003 The New York TimesBank of America is tentatively making plans for a new headquarters in midtown Manhattan. The bank has been meeting in recent weeks with developers like Douglas Durst of the Durst Organization and Richard Clark...
March 12, 2003 New York Daily News (Second item)Conseco, an Indiana-based insurance company that co-owns the General Motors Building with Donald Trump, wants the 50-story tower at 767 Fifth Ave. auctioned off in bankruptcy court. Trump doesn't, so the two...
March 12, 2003 Boston GlobeBeacon Capital Partners is expected to close on its purchase of the Hancock tower on Clarendon Street, two older office buildings and a large parking garage in Boston in the next few days. The price won't...
March 12, 2003 The New York TimesA former hotel on the Hudson River in Poughkeepsie, N.Y. – once a bustling way station for railroad and steamboat passengers traveling between New York City and Albany – is being renovated into a...
March 12, 2003 New York Daily NewsThe cost of renting office space in Manhattan continues to drop. The average rent for Class-A space fell to $46.29/sf last month – a 2 percent drop from $47.35 in January, according to Colliers...
March 12, 2003 The Boston HeraldDeveloper Steve Karp is drawing up plans to redevelop a large portion of the struggling Suffolk Downs racetrack in East Boston into retail shops, housing or offices. Karp, who recently became a director of the...
March 11, 2003 Boston Business JournalThe market for lab space in Greater Boston has cooled off considerably in the past year, with nearly 700,000 square feet of available space in Cambridge and another 1.7 million in the suburbs. The economy's...
March 11, 2003 Boston GlobeWith about 8 million square feet of space available, the downtown Boston office vacancy rate is close to 15 percent. Landlords are competing for tenants with tenants themselves, some of which don't need all the space...
March 11, 2003 Boston GlobeFAO Schwarz will keep its famous toy store in Boston, according to sources. Shortly after it filed for bankruptcy in January, FAO Inc. indicated that the Boston store – at the corner of Berkeley and Boylston...
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