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NEW YORK CITY-Negotiations centered on settling a lawsuit that would then enable the State University of New York to sell the money-losing Long Island College Hospital in Brooklyn broke down late last week.
NEW YORK CITY-Mayor Bill de Blasio made three administrative appointments over the weekend, including the appointment of Shola Olatoye as the new head of the New York City Housing Authority.
BOCA RATON, FL-Republic Western Investments of Los Angeles has acquired two distressed commercial office properties in Pal Beach County from Florida Community Bank.
PITTSBURGH-H.J. Heinz Co., which is headquartered here, has agreed to give back nearly $1.5 million in incentives it received from Florence County, South SC in connection with a plant it built there in 2009 but is now closing.
OAK BROOK, IL-The stock-for-stock deal, which values Inland Diversified at about $10.50 per share, increases Kite's retail portfolio from 74 to 131 properties.
WASHINGTON, DC-A building permit was issued on Thursday in connection with a project to build a nine-story mixed-use property at 16th and Eye streets here.