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FAIRFAX, VA-The Fairfax County Board of Supervisors approved a revised master plan for Reston that could possibly double the development potential there.
CHARLOTTE-Hotel investment firm RLJ Lodging Trust of Bethesda, MD has agreed to acquire 10 hotels totaling 1,560 rooms from affiliates of Hyatt Hotels Corp. Among the hotels to be traded include the Hyatt House Charlotte hotel here.
PHILADELPHIA-Mayor Michael Nutter and City Council President Darrell Clarke reached a preliminary agreement that will allow for the sale of the garage at JFK Plaza and begin to work to find funding of the park, also known as LOVE Park.
TRENTON, NJ-The sate's marketing agency, Choose New Jersey, is launching an effort geared at attracting developer and investment interest in land in urban areas, such as in struggling cities like Paterson and Passaic, that are eligible for lucrative tax breaks.
WASHINGTON, DC-The administration of Mayor Vincent C. Gray has ended talks with Park Morton housing redevelopment developers Landex Corp. and the Warrenton Group, due to what the city termed as unacceptable delays.
ARLINGTON, VA-Building owner MRP Realty and Rockpoint Group have retained Eastdil Secured LLP to market its 1310 N. Courthouse Road office building for sale as the FDIC begins to vacate the property for larger quarters at 3701 N. Fairfax Drive here.
LIBERTY, NY-The development team of Connecticut's Foxwoods Casino and Muss Development of New York City unveiled its "sketch plan" for a more than $400-million casino resort on 1,200 acres of land adjacent to the former Grossinger's resort site here.
NEW YORK CITY-The Recovery House of Worship is looking to sell its red-brick church on the corner of Schermerhorn Street and Third Avenue in Brooklyn to a buyer interested in redeveloping the site.