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NEW YORK CITY—After a deal with hotelier Andre Balazs to redevelop the storied TWA terminal at John F. Kennedy Airport fell apart earlier this year, the Port Authority of New York and New Jersey has released a request for proposals to convert the terminal into a hotel.
WASHINGTON, DC—The U.S. Department of Education has been forced to turn the page on its plans to consolidate three of its expired leases into the federally-owned Mary Switzer Building.
WASHINGTON, DC—Less than a year after acquiring the H Street Community Development Corp.'s headquarters, Douglas Development is now proposing a mixed-use project at the site.
ATLANTIC CITY, NJ—The ownership of the Revel Casino Hotel here says that it will close the property pending regulatory approval by no later than Sept. 10.
POUGHKEEPSIE, NY—The Mid-Hudson Regional Economic Development Council reports it has endorsed 25 projects across its seven-county jurisdiction for funding under Gov. Andrew Cuomo's fourth round of regional council competition.
ATLANTIC CITY—Despite recent comments from Atlantic City Mayor Don Guardian that a very strong buyer has emerged for the troubled Showboat Atlantic City Hotel and Casino, a spokesman for its owner says he doesn't expect any news on a potential sale for the next several weeks.
FARMINGVILLE, NY—AVR Realty Co. of Yonkers, NY has filed an application with the Brookhaven Industrial Development Agency seeking economic assistance for the development of Phase 1 of its Meadows at Yaphank mixed-use project.
MIAMI—Pointe Group Advisors has expanded its management contract portfolio in South Florida by 4.7 million square feet with the acquisition of Americas Property Management Corp. of Miami.
WEST PALM BEACH, FL—Atlanta-based real estate investment and management company Jamestown ahs acquired the Village Commons shopping center here and has plans to expand the Publix grocery store at the property.