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DOBBS FERRY, NY—The developer of the $130-million mixed-use Rivertowns Square project off the Saw Mill River Parkway has secured construction financing from M&T Bank.
WESTWOOD, MA—Human resources analytical and consulting firm PI Worldwide is relocating and expanding its corporate headquarters with a move later this year from Wellesley Hills to more than 21,000 square feet of space at 101 Station Drive here.
BETHESDA, MD—Berkeley Point Capital reports that lending industry veteran David Lundin has been named chief underwriter for its FHA lending operations.
NEW YORK CITY—The National Basketball Players Association has decided to sell its headquarters building on Lenox Ave. and relocate into leased space in Midtown.
SPRINGFIELD, MA—Construction has commenced on China Railway Rolling Stock Corp.'s $95-million rail car manufacturing plant. The facility will be used to manufacture Orange and Red Line subway cars.
NEW YORK CITY—While leasing activity in Manhattan was stable and office availability flat during the month of August, a number of factors contributed to a historic spike in the average asking rent.