RYE, NY—Standard Amusement's $30-million investment will go toward revitalizing Rye Playland with new rides and attractions, as well as upgrading food and beverage choices, picnic areas, and restaurants and renovating grounds and buildings.

BOSTON—The Davis Cos. made headlines along with its partners at New Boston Hospitality and Omni Resorts and Hotels last month in being selected by Massport to build a new 800,000-square-foot hotel complex on a two-acre parcel in the city's waterfront district.

NEW YORK CITY—The transaction does not involve the sale of the real estate, solely the operations of the seven nursing home properties that contain 1,456 licensed beds. The individual properties' real estate is owned collectively by an unnamed real estate investment trust, an IPA official told Globest.com.

NEW YORK CITY—Taconic Investment Partners, which will retain leasing oversight and property management of the property, acquired the building in 2012 and completed a $14-million repositioning of the property.

Here is a roundup of the latest leases, sales and other transactions in the Northeast middle markets.

NEW YORK CITY—South Nassau Communities Hospital's Board of Directors has agreed to enter exclusive discussions with New York City-based Mount Sinai Health system on a possible affiliation agreement.

NEW YORK CITY—Last month, the Obama Foundation announced that three firms— Jones Lang LaSalle, McKissack & McKissack, and Ardmore Associates, were selected to lead the project management for the planned Obama Presidential Center in Chicago.

NEW YORK CITY—The $225,000 settlement agreement is between the Attorney General and companies controlled by Sassan “Sami” Mahfar and Sina Mahfar, which own or owned four residential buildings: 22 Spring St., 102 Norfolk St. 113 Stanton St., and 210 Rivington St. in Manhattan.