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NEW YORK CITY-A venture of Parkwill Management Corp. of New York City and SunCap Property Group of Charlotte, NC has acquired a vacant parcel of land near the Gateway Center in Brooklyn for $40 million.
NEW YORK CITY-The Carlton Group has appointed real estate finance veteran and former Kushner Properties President Kevin B. Swill as the company's first chief operating officer.
TRENTON, NJ-A vote by the New Jersey Economic Development Authority to award approximately $8 million in incentives to a number of film and television production companies was tabled while New Jersey State Treasurer Andrew Sidamon-Eristoff sees if there is funding in place to hand out the tax credits.
NEWARK, NJ-Newark School Superintendent Cami Anderson reports that the state has committed $100 million to fund the repair of the district's school buildings.
SUNNY ISLES, FL-A planned oceanfront condominium project planned by Fortune International Realty and Chateau Group has grown larger thanks to the $40-million purchase of an adjoining property that used to be home to the Ocean Palms hotel here.
CHICAGO-A venture of Hong Kong-based Gaw Capital Partners and South Korean investors, including the Korean Teachers' Credit Union, have put the 57-story Three First National office tower on the market for sale.
NEW YORK CITY-The nominees for the Real Estate Board of New York's "Most Ingenious Deal of the Year" award include eight sales transactions, eight leases and one financing deal.
NEW YORK CITY-Developer World-Wide Group has acquired an 11-story commercial building from retailer Bloomingdale's on East 60th Street for $37 million.
WASHINGTON, DC-The House Transportation and Infrastructure Committee approved 17 resolutions advanced by the General Services Administration on Tuesday that could result in the relocation of a number of major federal agencies.