Three new issues in one week:DBUBS 2011-LC2, GSMS 2011-ROCK, LSTAR 2011-1.
Beacon Capital is purportedly selling the 2mm sq. ft. 1211 Avenue of the Americas (aka 6th Ave) at $900+/sq. ft. or better.
New rent regulations in NYC being debated with landlords and lawmakers offering trades for tax caps and breaks in exchange for changes in rent regs on stabilized units.