The Georgetown Company, LLC has closed on a $35-million refinancing deal with PNC Bank on its One Washington St. office building here.

NEW YORK CITY—While a majority of real estate professionals and investors believe New York City's commercial real estate market is in the latter stages or near the peak of a bull market, they contend that the city remains a highly desirable place for investment.

CAMBRIDGE, MA—Leasing activity at the Twenty/20 residential tower here continues to be strong and is currently meeting targets set by the developer and now the former owner of the NorthPoint property.

NEW YORK CITY—The strong economy and healthy hiring environment continue to pay dividends for the New York City retail market.

BOSTON—The largest public housing development in the city is in line for a major upgrade and expansion.

NEW YORK CITY—A senior executive with Greystone for the past decade is now overseeing for the lender's nearly $16-billion loan servicing platform.

SPRINGFIELD, MA—The economic impact generated by the construction and in 2018 the operation of the China Railway Rolling Stock Corp.'s rail car manufacturing plant will be tremendous for Western Massachusetts in the years to come, according to a broker who helped the firm find the plant site here.

MELVILE, NY—Diagnostic imaging firm Fonar Corp., which has leased space with Rechler Equity Partners for 35 years, has decided the relationship will continue for at least another 11 years.