PITTSBUGH-Bank of America is laying off 209 workers at its offices at 1120 Boyce Road here.

ATLANTIC CITY, NJ-Elizabeth Terenik has been named to head the agency charged with helping spark non-gaming investment in Atlantic City.

RALEIGH, NC-Two distressed office buildings located near the PNC Arena here are to be acquired by Prudential Real Estate Investors pending court approval for $45.75 million.

ATLANTA-Recent multifamily sales in and around Atlanta confirm that the recovery is on solid ground. In fact, one local multifamily broker contends that sales prices are at or exceeding the peak levels reached in the mid to late 2000s.

BALTIMORE-The Downtown Management Authority in a statement released today came out against a proposed $107-million tax incremental financing plan for the Harbor Point project.

ROCKVILLE, MD-In early 2014, property on Rockville Pike here will host a groundbreaking for one of the first-ever Even Hotels.

CHICAGO-The partnership that owns the Drake Hotel here has paid $30 million for a 20% stake in the land on Michigan Avenue where the hotel is located.

NEW YORK CITY-A plan to build a $100-million racetrack on Staten Island has officially been abandoned. The 676-acre property has been sold for $80 million and its new owner wants to build commercial development at the property.