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NEW YORK CITY-A group of approximately 90 businesses, many auto-body repair shops and junkyards in the “Iron Triangle” in Queens have received offers from the city to relocate in order to make way for a major redevelopment of Willets Point.
MIAMI-Executives with the $1.5-billion All Aboard Florida train service have revealed the organization is about to enter talks with the city's Community Redevelopment Agency to acquire two downtown parcels.
TAMPA-The Tampa Port Authority announced on Monday that it signed a letter of intent with CSX Transportation to develop an on-dock rail service connection to the Midwest.
MOUNT PROSPECT, IL-A host of dignitaries, including Illinois Gov. Pat Quinn were on hand on Tuesday to officially open the new $67-million CVS Caremark Mail Service Pharmacy and Customer Center here.
PHILADELPHIA-Labor market conditions in the tri-state region of Delaware, New Jersey and Pennsylvania were mixed in the month of July with New Jersey and Pennsylvania losing a total of 13,500 jobs, while Delaware gained 2,800 net positions, according to a report released by the Federal Reserve Bank of Philadelphia on Tuesday.
BOGOTA, NJ-The Bogota Borough Council is expected to vote next month on a proposal to grant a 30-year tax exemption to the developer of the long vacant former Florence E. Dewey Elementary School here.
MADISON, NJ-Prudential Real Estate Investors reports it has named Frank Garcia a managing director and portfolio manager for its core open-ended equity commingled real estate strategy.
As President Obama and Congressional leaders work on how and when to possibly dissolve Fannie Mae and Freddie Mac, the impact on the local real estate market of the closures will likely not be felt for a number of years.
CHANTILLY, VA-As part of its planned consolidation of North Virginia operations, PepsiCo has put its warehouse on Lee Jackson Memorial Parkway here on the market for sale.
BOYNTON BEACH, FL-After Wells Fargo a foreclosure judgment against the ownership of the Renaissance Commons office condominium project here, an online auction has been scheduled on the property for Sept. 18.