NEW YORK CITY-Douglas Elliman reports that the inventory of apartments on the market in Brooklyn has fallen 45% in the past year.

RALEIGH, NC-A groundbreaking for a new 11-story office building is expected to take place in a few months now that Dominion Realty Advisors of Norfolk, VA has reportedly joined the Charter Square project.

NASHVILLE-A partnership of Lincoln Property Co. of Dallas and New York City-based insurer MetLife has paid $2.7 million for property across the street fro the Nashville Farmer's Market where it intends to build rental apartments.

CHICAGO-Bill Davies, the developer of the Old Main Post Office project in downtown Chicago, has unveiled a new smaller vision for the redevelopment project.

ALBANY- The private equity giant and partner Colonie Pacific have acquired the 1.3-milion-square-foot Colonie Center mall here.

BETHESDA, MD-Two years after a court denied a request to block the project, Suburban Hospital's expansion plan will go before the Montgomery County Planning Board later this month.

JERSEY CITY, NJ-The New Jersey Economic Development Authority approved tax breaks for two Jersey City projects, as well as a proposal by Rutgers to build student and faculty housing in New Brunswick.

PHILADELPHIA-Beneficial Bank is expected to be moving its headquarters to four floors at the 42-story tower building at 1818 Market St.