WHITE PLAINS—The Board of Legislators voted in favor of a deal that will require the park's parent firm to invest in improvements in exchange for a management contract.

BOSTON—The overall industrial vacancy rate for Greater Boston fell to 10.3%, a new record. The overall rate at year-end 2015 was 10.8%.

NEW YORK CITY—The nine-story, 146,000-square-foot project will feature office, retail and community-oriented space.

BOSTON—Boston Properties completed more than 520,000 square feet in leases in the Boston CBD, including approximately 400,000 square feet at 100 Federal St. in the first quarter.

NEW YORK CITY—Currently occupying the entire 47th floor of the 48-story 2.6-million-square-foot office tower, the firm will shift down to the entire 31st floor in an expansion later this year.

BROCKTON, MA—The commission voted 4-1 to deny the application to Mass Gaming & Entertainment, an affiliate of Chicago-based casino operator Rush Street Gaming.

NEW YORK CITY—Rent growth in Class A office space has stagnated, prompting landlords to step up with generous concesssion packages, according a new report.

BOSTON—In a conference call lasting more than one hour and 15 minutes, Boston Properties CEO Owen Thomas says the company leased 1.5 million square feet in the first quarter, which was above historical averages and its portfolio's vacancy rate at the end of the first quarter was 91%.