BOSTON—The plan calls for the rehabilitation of the 5 and 6 Necco Court buildings that are currently under a binding contract of sale with The Gillette Co. a subsidiary of Procter & Gamble. The proposal also calls for the construction of a new 12-story 293,000-square-foot office building.

“Long Island City is one of our most important, dynamic districts. It is unique because it contains three strong markets: residential, industrial, and commercial,” says Carl Weisbrod, chairman of the New York City Planning Commission.

WORCESTER, MA—Roseland has also been very active on a host of New Jersey waterfront properties, including its M2 at Marbella development. On Thursday, the development firm was joined by a host of city officials to cut the ribbon on its high-rise residential project in Jersey City.

BOSTON—Technology firms are particularly at the mercy of landlords who demand long-term deals. However, those long-term transactions go against the best interests of these companies that in their early years of operation are in flux.

BOSTON—Marcum LLP, headquartered in New York City, will roll out the open concept office model in many of its regional offices across the country in the coming months.

NEW YORK CITY—State officials also reveal that the Convention Center Development Corp. will start early construction work on the building this fall, enabling the project to progress on an accelerated timeframe.

NEW YORK CITY—Rudin is using Nantum in 17 of its New York City buildings, including 15 commercial buildings and two residential towers, totaling approximately 10 million square feet.

BOSTON—The BCEC ranks last among key competitive cities for the number of rooms within walking distance to the convention center. Less than 15% of Boston's total hotel rooms are committable within one mile of the BCEC, compared to almost 40% in Washington, DC.