ST. PAUL, MN-The Ordway Center's plan to build a new concert hall at what is now the McKnight Theater here is taking shape with demolition of the theater likely to begin this summer.

LEXINGTON, KY- Resource Real Estate Opportunity REIT reports it has acquired two multifamily residential communities here for an aggregate price of $6.85 million from lenders that had foreclosed on loans secured by the properties.

GREENSBURG, PA-The Richard King Mellon Foundation has given Seton Hill University its largest gift ever in the form of a $7-million grant to be used toward the construction of a new Health Sciences Center here.

MOUNT PLEASANT, NY-Regeneron Pharmaceuticals said it will spend $170 million over the next few years on expansion projects in Westchester and in upstate Rensselaer.

WASHINGTON, DC-Area brokerage firms reported sluggish commercial office leasing activity in the first quarter of this year and relate that a sense of uncertainty for the future pervades the market at the moment.

PHILADELPHIA-A federal grand jury in Philadelphia is probing alleged politically connected economic development spending by the Delaware River Port Authority.

NEW YORK CITY-The Manhattan office market in the first quarter of this year saw its availability rate and asking rents remaining relatively flat as compared to three months earlier.

WHITE PLAINS, NY-Citing continued losses at the county-owned amusement park, Westchester County Executive Robert Astorino announced on Thursday that the county had signed an Asset Management Agreement that will shift the operation and management of Rye Playland to Sustainable Playland Inc.