NBC to chop 700 jobs
… will determine whether he eventually succeeds Bob Wright, NBC Universal's current chairman and CEO. In what's partly a real-estate move, NBC said it would close MSNBC's headquarters in Secaucus, N.J., splitting studios and office space between NBC's …
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$318M Re-Do Takes Part of IBM Plaza…
… up to 90% of the cost for the redevelopment and conversion. Locally based Prime Group, an affiliate of the Lakewood, NJ-based Lightstone Group, has a portfolio in excess of 29 million sf that includes 12,000 multifamily units. FEATURES Up Close …
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in Brief
… chief executive, said the acquisition is the company's first since announcing its strategy last year to convert to a real estate investment trust; it once made pilotless drones for the Navy. The deal is expected to close in 45 days. -JAMES BERNSTEIN …
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Daily Briefing
… of big retail advertisers such as Filene's, while classified advertising fell on weakness in autos, help wanted and real estate. CBS Radio settles 'payola' allegations CBS Radio Inc. has agreed to pay $2 million to settle New York Attorney General …
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