State: New York - NY

August 27, 2003 New York Post (Fourth item)Developer Philip Pilevesky is exploring the conversion of 40 Rector St., an office building on the West Street corridor near ground zero, into residential. Several large leases come due in the next year ...

August 26, 2003 New York Post (Third item)The Kuwaiti owners of 885 Third Ave. have hired CB Richard Ellis to market the landmark office tower in Midtown Manhattan. Also known as the Lipstick Building, the buildinghas about 586,000 square feet ...

The real estate adviser has hired Cushman & Wakefield to market 44 Wall Street for sale. Some local real estate players say Lend Lease is seeking as much as $60 million for the property.

August 26, 2003 Apartment Investment and Management Co. (NYSE:AIV) has paid $37.5 million for five apartment buildings in Manhattan, near Lincoln Center. The properties total 58 units and 12 commercial spaces on the ground floor. Aimco said it structured the ...

August 26, 2003New York Post Swig Burris Equities has bought 5 Hanover Square, a 25-story office building in lower Manhattan that's also known as 66 Beaver St. Sources estimated the price at under $175/sf, even including renovating the 318,600-square-foot tower, ...

August 26, 2003 New York Post (Second item)Morris Bailey and Ziel Feldman seem to be trying to work things out over the $228 million sale of Herald Towers, the giant rental apartment building across from Macy's in Midtown Manhattan. Property ...

Wachovia Securities has provided Jamestown $171 million of floating-rate debt to finance Chelsea Market, a 1.1 million-square-foot office, retail building in the Chelsea neighborhood of Manhattan.

August 25, 2003 New York NewsdayMassachusetts Mutual Life Insurance Co. has sold the Sheraton Long Island Hotel in Hauppauge, N.Y. A partnership between Interstate Hotels & Resorts and Northridge Capital Inc. acquired the 209-room hotel, Long Island's eighth largest. The ...

August 22, 2003 Mack-Cali Realty Corp. (NYSE:CLI) has paid $6 million for Three Odell Plaza, a 71,065-square-foot office/flex building in Yonkers, N.Y. The Cranford, N.J., REIT bought the building – which is located in its South Westchester Executive Park – ...

August 20, 2003 The New York TimesDevelopers are forging ahead with plans to build at least six hotels in Dutchess County, N.Y., where revenue from the hotel occupancy tax rose more than 7 percent in 2002, to $1.43 million, from ...