Northeast

NEW YORK CITY-In partnership with WESTMED Practice Partners, Mount Sinai Medical Center will construct an outpatient medical office at One Pierrpont plaza within Forest City Ratner’s MetroTech complex.

BALTIMORE-XLHealth Corp. has selected Howard County instead of Baltimore City for its expansion.

NEW YORK CITY-In 1965, a plan to redevelop the Seward Park Urban Renewal Site was put forth. Now public review has begun for a project that could mean 1.65 million square feet of mixed-use space.

GARDEN CITY, NY-Engel Burman will continue managing the six properties it developed across Nassau County; a seventh community in East Northport will be part of its joint venture with Harrison Street. 

NEW YORK CITY-The jewelry retailer’s global forecast for the year ending Jan. 31, 2013 is dimmed by a flat quarter closest to home, including declines at its flagship Manhattan store.

NEWARK-Columbus-based Glimcher Realty Trust is planning to revamp two outlet malls as it rebrands them.

BUFFALO-Ciminelli Real Estate Corp. is planning to construct a new medical office building along Park Club Lane in Amherst.

BUFFALO-A 102-room Staybridge Inn will be part of a $15-million mixed-use project proposed on the Amherst campus of the University at Buffalo.

NEWARK-Fresh off his new move to Avison Young, the industry veteran will deliver the keynote address at the RealShare New Jersey Breakfast Series on June 5 at the Newark Club.

NEW YORK CITY-Industry sources tell GlobeSt.com’s Jacqueline Hlavenka that the latest executive changes are a sign that the brokerage industry is beefing up its offerings beyond leasing and sales.

NEW YORK CITY-The international fashion brand is expanding its footprint to the trendy Hudson Square area, but the company will also maintain its other corporate office on West 19th Street in the Flatiron District, a spokeswoman for Trinity Real Estate confirms.

NEW YORK CITY-The reported purchase price is more than double what Harbor Group International paid for 4 New York Plaza, formerly owned by J.P. Morgan Chase, in January 2010.

PHILADELPHIA-Pebblebrook Hotel Trust, a real estate investment trust based in Bethesda, Maryland, has refinanced the loan on the 306-room Hotel Sofitel Philadelphia.

WELLESLEY, MA-A new development, called Waterstone at Wellesley, is opening in Wellesley.

MARLBOROUGH, MA-Weetabix Food Co. is moving its US headquarters from Clinton to Marlborough Technology Park, a seven-building office park in Marlborough.

EASTON, MD-The Benchmark Group has acquired a multifamily property in Easton.

BALTIMORE-Everything Warehouse has leased 54,600 square feet in a 325,000-square-foot industrial building in South Baltimore.

NEW YORK CITY-The action comes after the debtors reported operating losses from “decreased room revenue, significant liquidity constraints, considerable debt burden and unprecedented adverse changes in the economy and hospitality industry”, court documents show.

NEW YORK CITY-MTA officials said at a meeting last night that the massive LIRR expansion to Grand Central will take an extra three years—and almost $1 billion more.

NEW YORK CITY-The private equity giant says it plans to accelerate the growth of the budget lodging chain’s franchise, which currently numbers 1,102 properties in the US and Canada.