By Daniel Geiger

Xerox has taken a small space at the midtown office building 64 West 48th Street, according to sources. The company has leased part of the building’s eighth floor, a roughly 4,000 s/f space. Asking rents at the property are in the $30s per s/f, though it wasn’t clear by press time exactly what rate Xerox negotiated to pay in the deal. Read more...

By Roland Li

The ownership of an affordable housing development at 475 West 57th Street has been transferred for $15.18 million, according to city records. The building, the Dorothy Ross Friedman Residence, includes 178 units of affordable housing for senior citizens and tenants with HIV and AIDS. Ownership was transferred from Aurora Associates, LP to Friedman Residence, LLC. Read more...