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YONKERS, NY-The owner of the Monarch at Ridge Hill condominium development has sold 90 unsold units at the troubled property to a Long-Island based real estate management firm.
NEW YORK CITY-Developer Extell, which is seeking lucrative air rights and tax breaks from the city for its 40 Riverside Blvd. project here, is receiving some criticism over its plan to provide separate entrances for market rate and affordable tenants at the development.
HARRISBURG, PA-A sharp increase in table game revenue at the Parx Casino helped boost overall revenues at the 12 Pennsylvania casinos to almost $60 million in July, a 6.1% increase from a year earlier.
FORT LEE, NJ-The Hudson River shoreline from the shadows of the George Washington Bridge here to Hudson County is dotted with cranes thanks to a marked pickup in multifamily construction.
BETHESDA, MD-Locally-based Marriott International Inc. reports it has entered into a non-binding letter of intent for the sale of three Edition Hotels in Miami Beach, New York City and London for a sale price of approximately $800 million.