By Roland Li

Greenwich Village residents and elected officials expressed concerns over New York University’s proposed expansion, while other groups testified in support, at a public hearing at the Department of City Planning on Tuesday. The hearing was the first opportunity to comment on a draft scoping document, prepared by AKRF, N.Y.U.’s land use consultant, which will form the basis of a study of the potential impacts of four new buildings in Greenwich Village. Read more...

By Liana Grey

LAS VEGAS — A rebound in retail sales gave the 35,000 shopping pros at the ICSC convention here plenty to talk about during the three-day event. At a cocktail reception hosted by Marcus and Millichap, business-related chatter filled the room. Connections were made at informal parties, like the one Robert K. Futterman & Associates threw Monday night at a poolside lounge at the Continental hotel and casino. Read more...

By Daniel Geiger

Sherwood Equities has acquired a vacant development site near the West Side rail yards for over $42 million in partnership with Fidelity Real Estate Group, the company announced this afternoon.

The parcel, located at 356 10th Avenue, can accomodate up to 556,000 s/f of either commercial or residential development or a mix of the two, though additional air rights can be purchased for the site that would allow up to about 700,000 s/f to be built. Read more...

Photos by ICSC/Flickr and Liana Grey for Real Estate Weekly

By Liana Grey

LAS VEGAS — Elaine Wynn’s famed resorts here, the Wynn and the Encore, survived the recession. “The luxury market is alive and well,” she told a packed session that kicked off the International Council of Shopping Centers’ Annual Conference on Sunday. The return to normalcy was visible last weekend on the strip, which was packed with the usual mix of stroller-pushing tourists and boisterous crowds. Read more...