Tumblr’s $1.1 billion purchase by Yahoo! returned $192 million to two of its biggest venture backers, a person familiar with the matter said, disputing an estimate by PrivCo. Spark Capital and Union Square Ventures invested $13 million apiece, according to the source. That represents about a 15-fold return...

Barclays Center owner Bruce Ratner is trying to defend against a power play. The developer, who hopes to bring six New York Islanders games a season to a slimmed-down Nassau Coliseum once the team moves to Brooklyn, said he doesn’t think Madison Square Garden can block the move. “I...

ManhattanCLINTON $999,000350 W. 42nd St.One-bedroom, one-bath condo, 768 square feet, with granite kitchen with Bosch appliances, Waterworks/Kohler marble bath and floor-to-ceiling windows; Orion building features doorman, gym, pool, sun decks, sauna and free breakfast. Common charges $770, taxes $410. Asking price $999,000, on market one week...

The New York City Planning Commission decided Wednesday to issue a permit for the Madison Square Garden Co. to operate its namesake arena in midtown Manhattan for the next 15 years.

Gladstone Commercial Corporation (NASDAQ: GOOD) (the "Company") reported today that it completed the forward purchase of a 170,000 square foot build-to-suit light industrial manufacturing facility in Vance, Alabama for $13.4 million. The Company acquired the property from Brookwood Parkway, LLC, based in Roebuck, South Carolina.