NEW YORK CITY-The Prince Lumber Co. will be relocating from its space at 61 Ninth Ave. and West 15th St. to Clinton in order to make way for a new 12-story office building.

NEW YORK CITY-A bill pending in Albany would grant Hudson River Park Trust, the public benefit corporation overseeing development and operations of Hudson River Park, o sell air rights up to one block east of the park's boundaries.

WHIPPANY, NJ-Cushman & Wakefield, Inc. has been awarded the marketing and leasing assignment for The Crossings at Jefferson Park.

PITTSBURGH-The Plaza at the Pointe shopping center here has been sold to WP Realty of Bryn Mawr, PA for $16.8 million.

PITTSBURGH-Chatham Lodging Trust, a Palm Beach, FL-based REIT, reports it has completed its acquisition of the 178-room Hyatt Place Pittsburgh/North Shore here for $40 million.

HICKORY, NC-Rouse Properties, the New York City-based owner of Valley Hills Mall here, reports it has closed on a new $68-million mortgage loan secured by the more than 900,000-square-foot shopping mall.

MELBOURNE, FL-Nonprofit Preservation of Affordable Housing, based in Boston, reports it has acquired three properties, totaling 510 affordable housing units in Melbourne, FL.

RALEIGH, NC-Kane Realty Corp. is expected to begin construction in December on its Tower Two office building here.