Citigroup Inc. is close to an agreement to consolidate its New York operations in a Tribeca office complex majority-owned by SL Green Realty Corp., according to three people with knowledge of the talks.
Manhattan apartment rents fell for the first time in two years last month as tenants were lured to the homebuying market and those who remained pushed back on landlord increases, a sign rates may be close to a plateau.
The 1890s-era warehouse sits across from the Brooklyn Navy Yard, a relic of the New York borough’s industrial past. Originally a shoe factory and later a root-beer bottling plant, its arched windows were bricked over long ago.
Sam Waksal is back. Five years after the cancer drug company he founded was sold to Eli Lilly & Co. for $6.5 billion, and four years after he served jail time in an insider trading scandal that ensnared Martha Stewart, Waksal is again making moves in the biotechnology industry.