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MALDEN, MA—Mack-Cali Realty subsidiary Roseland has commenced construction on multifamily communities in Worcester and Malden. The Short Hills, NJ-based firm is currently finalizing financing deals approaching $90 million on the projects.
NEW YORK CITY—The firm's latest appointee—who early in his career was tabbed "the Prince of Harlem Real Estate"—will focus on the outer borough that's slowly generating more buzz.
BOSTON—Federal Capital Partners of Chevy Chase, MD has officially entered the Greater Boston real estate market with the financing of a 33-unit luxury condominium development in South Boston.
NEW YORK CITY—The American Museum of Natural History will hold an informational meeting on Thursday on the conceptual design of its new Richard Gilder Center for Science Education and Innovation. The 218,000-square-foot addition to the museum is projected to cost $325 million to complete.
BOSTON—Skanska USA will be relocating its Boston operations from 253 Summer St. in Fort Point to its recently completed 101 Seaport Blvd. office tower here.
BOSTON—The company, which recently filed bankruptcy protection, announced it was closing assets in Maryland, Massachusetts, New York, Pennsylvania, Virginia and Washington, DC.
WORCESTER, MA—UMass Memorial Health Care's decision to lease nearly 75,000 square feet of space at 90-110 Front St. here was the critical but necessary piece that will now make possible the $70.1-million redevelopment of the downtown property.
BOSTON—Skanska USA Commercial Development based here will be needing some new signage on some corporate office doors as several key executives have been promoted to top posts with the company or transferred to a key post with an affiliate.