* Manhattan retail is economic cont...
* Manhattan retail is economic contrarian. While the national economy is in the doldrums, retail solution of continuitys and property prices are still robust onward major shopping arteries. For 777 Madison Avenue in recently made known York City, for example, Friedland Properties paid a princely $227 million -- a stratospheric $4400 for square foot for the 5167-sq-ft land floor. * AOL to build in India. Up to $100 million in facility and business investment through the whole extent of five years is envisaged by means of New York City-based AOL Time Warner Inc. for the high-tech area of Bangalore, India. A strange Netscape office is planned
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