Peter Weisman News Today

Vera Wang signed 26,708-square-foot on the fifth floor and seventh floor at Morgan Stanley Prime Property Fund’s 500 Park Avenue.

Empty office buildings . . . bankrupt developers . . . budget deficits. It’s Manhattan, 1975. Things sure have changed, and by learning from some Yankee real estate barons, maybe we can find a way out of our troubles.

In a deal that closed today, 1 Crosby Street, otherwise known as 28 Howard Street, has traded hands for $24 million.