Consolation buys

Earlier this fall, Dermot Co. was the runner up in the bidding for Stuyvesant Town, which sold for $5.4 billion. Now, the company has inked a considerably smaller– $37 million– deal for an 11-building residential parcel up by Columbia University. Though $37 million is ‘chump change’ nowadays, The Post’s Steve Cuozzo’s says this deal is interesting nonetheless. Also in Cuozzo this week: a new lease at 7 WTC, a talent agency moves and a national retailer gets a foothold in NYC (sort of). more [NYP]