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CLIFTON, NJ-Mountain Development Corp. of Woodland Park, NJ has sold its recently finished data center here to a California pension fund and and the private-equity firm GI Partners for $54 million.
ALLISON PARK, PA-A partnership headed by J.J. Land Co. of East Liberty, PA has acquired the Royal Manor Apartments community here for approximately $8 million.
WASHINGTON, DC-A survey by the local chapter of the Urban Land Institute found that 89% of survey respondents characterized the region's affordable housing problem as severe.
NEW YORK CITY-The developers of Flushing Commons and the city's Economic Development Corp. have agreed to extend the deadline to begin construction on the $850-million mixed-use Flushing Commons project in Queens.
NEW YORK CITY-The New York City Council gave the green light on Wednesday for the much anticipated New York Wheel and Empire Outlet projects on Staten Island.
NEW YORK CITY-The One57 condominium tower, where two duplex apartments sold for $90 million each recently, is one of about a dozen needle-thin towers planned in New York City.
WASHINGTON, DC-Douglas Development Corp. closed on the acquisition of the H Street Community Development Corp's headquarters on Friday for approximately $4.9 million and plans to build a mixed-use project at the site.
COLUMBIA, MD-Fifty years after Columbia's founder James W. Rouse purchased 14,000 acres in Howard County to build a planned community, the goal of creating a new breed of city here to nurture the human spirit has proven elusive.