Highlights
A collection of news and information related to Sl Green Realty Corporation published by Tribune Company sources.
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53rd and 3rd avenue escalator long neglected
msweeney@am-ny.comA privately owned subway escalator below 53rd Street and Third Avenue has been broken for at least a year, according to straphangers and city records, yet it's difficult to find anyone who will claim responsibility for it. "They don't maintain it,"...Tags: Transportation, Contracts, Subway Transportation Industry, Subway Transportation, New York City Transit
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Reckson deal garners more backers
Newsday Staff WriterReckson Associates Realty Corp picked up support for its merger with SL Green Realty Corp this week as two more proxy advisory firms weighed in with recommendations that shareholders approve the deal. "In our opinion, the board of Reckson has conducted a...Tags: Reckson Associates Realty Corporation
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Reckson delays shareholder vote
Newsday Staff WriterReckson Associates Realty Corp., Long Island's largest commercial landlord, Friday announced it would postpone its Nov. 22 shareholder vote on a merger with SL Green Realty Corp, until Nov. 28 in order to give more time to explore a higher bid by...Tags: Long Island, Annual and Special Corporate Meetings, Reckson Associates Realty Corporation
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Reckson's directors defend real estate deal
STAFF WRITER; Staff writer Daniel Wagner contributed to this story.Independent directors of Reckson Associates Realty Corp. have issued a letter to critics of its $6-billion acquisition by SL Green Realty Corp., defending the price and the way in which an investor group led by chairman Scott Rechler is to wind up...Tags: Citigroup Incorporated, Mack-Cali Realty Corporation, Melville, Mergers, Acquisitions and Takeovers, Reckson Associates Realty Corporation
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Reckson in thrall of global forces
Newsday Staff WriterFor the cover of its most recent annual report, Reckson Associates chose a slogan that might be seen as a reminder of chairman Scott Rechler's deep family roots and strong business ties in the region: "The Power of Local." But global forces, not local...Tags: Mutual Funds, Wheaton, Land Price, Terrorism, Real Estate Transactions
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How pair's Reckson stock made $31M in weeks
STAFF WRITECarl Icahn and Harry Macklowe haven't taken Reckson Associates over yet, but they already are making money on it. Ever since the billionaire corporate raider and Manhattan real estate mogul announced they would pay $49 a share to buy the Uniondale-...Tags: Long Island, Manhattan (New York City), Stock Broking, Real Estate Buyers, Insider Trading
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New threat to Reckson buyout
Newsday Staff WritersA major - and new - shareholder of Reckson Associates Realty Corp. yesterday threatened to block the company's plan to be acquired by SL Green Realty Corp., saying Long Island's largest commercial landlord is selling itself too cheaply. Arnhold and S....Tags: Auction Service, Shareholders, Long Island, Property, New York
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Analysts back Reckson deal
Newsday Staff WriterAnalysts for two large investment banking firms have recommended that Reckson Associates Realty Corp. shareholders approve the Melville-based real estate investment trust's $6-billion acquisition by SL Green Realty Corp. later this month. Lawsuits and...Tags: Shareholders, Citigroup Incorporated, Long Island, Mack-Cali Realty Corporation, Melville
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Reckson gets another nod for its bid
Newsday Staff WriterReckson Associates Realty Corp.'s bid to be acquired by SL Green Realty Corp. got an important boost yesterday with the issuance of a report by Institutional Shareholder Services recommending approval of the merger Nov. 22. "Wall Street analysts...Tags: Auction Service, Real Estate Transactions, Melville, Mergers, Acquisitions and Takeovers, Reckson Associates Realty Corporation
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Icahn, Macklowe bid for Reckson Realty
Newsday Staff WritersBillionaire corporate raider Carl Icahn and Manhattan real estate mogul Harry Macklowe have swooped in with a last-minute $6.5-billion, $49-a-share offer for Reckson Associates Realty Corp., Long Island's largest commercial landlord, just days before...Tags: Auction Service, Long Island, Manhattan (New York City), Property, Restructuring and Recapitalization
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Reckson delays merger vote
Newsday Staff WriterReckson Associates Realty Corp., Long Island's largest commercial landlord, said Friday it will postpone its Nov. 22 shareholder vote on a merger with SL Green Realty Corp. until Nov. 28 in light of a new, higher bid by investors Carl Icahn and Harry...Tags: General Motors Corp., Long Island, Manhattan (New York City), Restructuring and Recapitalization, Mergers, Acquisitions and Takeovers
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New CEO vows to remake Pfizer, pleasing investors
Tribune Media Services columnistQ: What is your opinion of my stock of Pfizer Inc.? A lot seems to be going on there. -- P.F., via the Internet A: A year ago, no one could have predicted the world's largest drug company would select as its chief executive a lawyer with a relatively...Tags: Pharmaceuticals, Western Medicines, BHP Billiton Plc, Patents, Copyrights and Trademarks, Morningstar Incorporated
Apr 30, 2008
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Nov 14, 2006
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Nov 27, 2006
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Oct 8, 2006
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