NEW YORK CITY-Investor Yitzchak Tessler has helped stave off foreclosure on a prime parcel of land on Madison Avenue here.

NEW YORK CITY-JP Morgan Chase & Co. is lowering mortgage lending requirements in select markets that were battered by the housing downturn that are now seeing home price values rise sharply.

WASHINGTON, DC-The National Association of Broadcaster has embarked on a search for new headquarters facilities as it intends to possibly vacate its longstanding home in Dupont Circle.

BALTIMORE-After Monday's approval of $107 million in tax increment financing by the Baltimore City Council, officials with the developer Harbor Point Development Group say the firm hopes to break ground on the new regional headquarters for Exelon on Oct. 15.

WILMINGTON, DE-AstraZeneca Pharmaceuticals has sold the Rollins Building at 2200 Concord Pike here for $10.5 million.

NEWARK, NJ-Seafood restaurant Joe's Crab Shack was expected to open its doors for the first time at its new location in downtown Newark.

TRENTON, NJ-A spokesman for New Jersey Gov. Chris Christie leveled some harsh criticism at the Port Authority of New York and New Jersey in reaction to a published report that the authority sold the right to license the name “World Trade Center” for just $10 in 1986.

NEW YORK CITY-Starwood Hotels & Resorts Worldwide Inc. reports it will open a dual-hotel development in two years time in Flushing that will feature a Four Points by Sheraton Flushing and Element Flushing properties.