NEW YORK CITY-A new report says that new waterfront developments in Brooklyn and Queens are causing rents to dip in some Manhattan neighborhoods.

TAMPA—The Board of Directors of the Tampa Port Authority approved a proposal on Tuesday to acquire the Channelside Bay Plaza property for $5.75 million from the Irish Bank Resolution Corp.

BLOWING ROCK, NC-One of Miami's pioneer real estate developers, Edward N. Claughton Jr. died at the age of 86 on Sept. 7 at his North Carolina home at the Hound Ears Club golf resort.

CHICAGO-Locally-based Newcastle Limited intends to break ground any day on its 35-story apartment building on the corner of State and Chestnut streets here.

WASHINGTON, DC-Georgetown University is reportedly considering developing a satellite residential undergraduate campus that could be located as far as three miles from its DC campus in Clarendon, VA.

SILVER SPRING, MD-Contractors for the repair of the Silver Spring Transit Center here say that the project will likely take until the summer of 2014 at the earliest to complete.

NEW BRUNSWICK, NJ-Real estate executives believe Thursday's expected passage of a bill geared to revamping the state's business incentives program will foster a flurry of applications from developers.

TETERBORO, NJ-A division of Las Vegas-based Viad Corp .has sold 125 North St., a Class B industrial property to Jamesburg, NJ-based Forsgate Industrial Properties LP.