NEW YORK CITY—Theory Holdings, LLC, a prominent contemporary fashion apparel and accessory design firm, has signed a long-term lease for 79,000 square feet at the newly renamed 2 Gansevoort St. office building owned by the William Kaufman Organization in the Meat Packing District.

ROXBURY, NJ—While still far from any shovel being put in the ground, the township of Roxbury is reviewing a conceptual plan for the redevelopment of the former Hercules munitions plant, which has been shuttered for nearly two decades.

CAMDEN, NJ—In court proceedings on Monday here, Chief U.S. Bankruptcy Court Judge Gloria Burns approved a Sept. 24 auction for the Revel Casino Hotel despite pleas by attorneys for Revel creditors and tenants who wanted the auction date pushed back to possibly secure more buyers and better offers for the $2.4-billion property.

WASHINGTON, DC—Metro has selected a team led by McLean, VA-based Streetscape Partners, LLC to develop a 15-acre parcel near the Grosvenor-Strathmore Metro Station.

WASHINGTON, DC—Despite a second court ruling that pushes back construction on its mixed-use project in Brookland, The Menkiti Group says it will move forward with the venture despite the setbacks.

NEW YORK CITY—Yeshiva University, which has been taking steps, including selling assets, to stabilize its finances, has secured a $175-million loan from Kansas City, MO-based UMB Bank.

HEWLETT, NY—The circa 1959 Peninsula Shopping Center here has been sold to real estate investment and development firm Basser Kaufman of Woodmere, NY.

HILLSBORO BEACH, FL—Construction has begun on the 1200 The Ocean luxury condominium project, the only new construction to take place in the Hillsboro Mile section in more than a decade.