Operation Real Estate involves at least six officers, armed with pistols and operating in pairs, spending up to five hours from dusk until midnight patrolling the streets.

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Nor does the arrangement preclude later donating the building to a nonprofit operation and getting an estate or income tax deduction.

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Real estate remained the heart of the Sterling operation, and, thanks to the cachet of owning the Mets, Wilpon finally started playing on the big stage of midtown Manhattan.

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'For people who were born and bred here like me, this used to be a very basic, simple thing to do, ' says Emma Beudert, 24, who manages the operation from a small industrial estate.

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Real estate is engaged in property development and investment and hotel operation.

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In hopes of recovering the two missing paintings, authorities set up a sting operation in which Mr. Vega was hired again to paint another part of the estate last week, Mr. Hynes said.

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Prosecutors said they will seek forfeiture of real estate, bank accounts, a Sabreliner aircraft, and a variety of financial instruments connected to the operation.

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In a recent survey conducted by Corenet, corporate real estate managers in the northeast corridor reported that Hurricane Sandy had affected a variety of functions, including the operation of mission-critical facilities, data storage, back up energy sources and access to transportation infrastructure.

FORBES: Low-Income Housing Hit Hardest By Superstorm Sandy