Last Updated: February 27, 2008 11:33am ET

Phoenix Realty Closes $96M Low-Income Buy

By Natalie Dolce

NEW YORK CITY-All of the apartments will be preserved as affordable housing, and 95% of the apartments will be subsidized with long-term Section 8 contracts.

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BofA Reevaluates US Real Estate Portfolio

NEW YORK CITY-The investment bank would only save One Bryant Park in Manhattan and Bank of America Corporate Center in Charlotte, media reports show.

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