WHITE PLAINS—The drawn out and contentious effort to redevelop Rye Playland took a major dramatic turn as Westchester County has abandoned a $34-million plan proposed by Sustainable Playland Inc. to redevelop the money-losing 280-acre amusement park.

OSSINING, NY—Adjacent to the storied Sing-Sing Correctional Facility, officials with the Village of Ossining and Ginsburg Development Companies of Valhalla, NY broke ground on the long anticipated $65-million Harbor Square on Wednesday.

BALTIMORE—Caves Valley Partners has proposed a $250-million mixed-use development to be built in the Sharp-Leadenhall section of the city between Federal Hill and M&T Stadium, home to the Baltimore Ravens.

BETHESDA, MD—Locally-based developer StonebridgeCarras has set a goal of acquiring $1 billion in properties over the next five years. To accomplish its mission, the firm has hired real estate veteran Andrew Eshelman to search out new deals.

PRINCETON, NJ—Cushman & Wakefield reports it has been named leasing agent by Ivy Realty for its 150 College Road West office building here.

WEST CHESTER, PA—New York Life Real Estate Investors reports it has acquired the nearly 161,000-square-foot Bradford Plaza shopping center here.

ATLANTA—Hospitality Ventures Management Group has added three hotels to its portfolio in the past two months and formed strategic partnerships with Gabriel Holdings and with shared workspaces firm Serendipity Labs that could potentially substantially increase its owned and third-party managed assets over the next two years.

ATLANTA—Kuck Immigration Partners has signed a lease for nearly 14,000 square feet of space at the Northridge Center 1 office building here.