The agreement, announced by Gov. David Paterson, allows developers to collect up to half the cost of cleaning a site and up to $35 million more for subsequent commercial and residential development.

Security guards win 17% raise, benefits
Representing 1,500 private security officers, SEIU Local 32BJ signed a four-year deal with the Realty Advisory Board, in the midst of 32BJ’s expansion of organizing efforts.

Lehman subleasing 180,000 square feet
The investment bank, looking to shed space at 605 Third Ave., is the latest in a series of companies hoping to drop square footage in the face of a softening economy.

Agreement reached on West Side heliport
Under the agreement, flight-path changes must be made by August to reduce noise and pollution, and sightseeing flights must be phased out completely by April 2010.

NYC identifies remains of another 9/11 victim
The medical examiner’s office says a 51-year-old man was identified from remains found months after the 2001 attack. The office did not release his name.

De Niro testifies in dispute over NYC hotel
A landmarks commission panel held a hearing on whether the penthouse atop Robert De Niro’s $43 million hotel will need to be rebuilt because it does not comply with plans for the site.

Top court denies Nets arena appeal
The U.S. Supreme Court turned down an appeal from property owners and tenants facing eviction for a new NBA Nets arena, but the group vows to take the case back to the state.

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