Last Updated: March 26, 2007 05:36pm ET
UPDATE

PACB Approval Propels Moynihan Station Project

By Katie Hinderer

NEW YORK CITY-The PACB approves the $230-million purchase of the Farley Post Office from the USPS, smoothing the way for the $900-million Moynihan Station project.

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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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