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LEDYARD, CT-The owner of the Foxwoods Resorts Casino here, the Mashantucket Pequot Tribal Nation, reports it has struck an agreement to restructure approximately $2.3 billion in debt with more than 100 creditors.
WASHINGTON, DC-Howard University has parted ways with the Cohen Cos. on a planned town center project that was envisioned to bring 445 apartments and a grocery store to Georgia Avenue here.
WASHINGTON, DC-The National Trust for Historic Preservation is moving its headquarters to 35,000 square feet of space at the Watergate office building.
PHILADELPHIA-Today was the opening for the $100-million, 34-story luxury apartment building at 2116 Chestnut St. here. Tenants began moving into rental units in the first 14 floors of the building.
PARAMUS, NJ-Vornado Realty Trust reports it will post a $36.8 million loss in the second quarter due to its 32.6% share in Wayne, NJ-based retailer Toys “R” Us.
NEW YORK CITY-Five industrial properties of former Vertis Communications in Georgia, New Jersey, New York, Ohio and Ontario will be sold through a bankruptcy sale process.
NORWALK, CT-One of the world's largest investors in real estate, GE Capital, is planning to ramp up its lending this year as demand increases and costs rise in the CMBS market.
NEW YORK CITY-The head of the New York Public Library at a State Assembly committee meeting on Thursday said that the library would commission a study to determine if the $300-million renovation cost to its flagship branch is too high.